Except for perfect substitutes or perfect complements, indifference curves

A) are straight lines with a positive slope.
B) slope upward to the right.
C) are bowed in toward the origin.
D) are bowed out away from the origin.

C

Economics

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A graph is a

a. lengthy, inefficient, and inconvenient way to illustrate information b. diagram illustrating a relationship between variables c. method of proving causation d. tool for incorporating all major and minor variables in one illustration e. clear way to see how the fallacy of composition works

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Comparative advantage explains how two nations can benefit from trade

a. True b. False Indicate whether the statement is true or false

Economics