Unformatted text preview: label all your axes and curves . You can use arrows to denote increases, shifts etc. No long full sentences are required for this quiz. (10 points) Use graphs and a good explanation to answer the following question: Do all indifference curves exhibit a diminishing marginal rate of substitution?...
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This note was uploaded on 08/08/2008 for the course ECON 301 taught by Professor Hansen during the Spring '08 term at University of Wisconsin.
- Spring '08