Economy, asked by singhrajvansh401, 10 months ago

Convex preferences are indicated by

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Answered by pmisang193

5

Answer:

A set of convex-shaped indifference curves displays convex preferences: Given a convex indifference curve containing the set of all bundles (of two or more goods) that are all viewed as equally desired, the set of all goods bundles that are viewed as being at least as desired as those on the indifference curve.

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