Which of the following is not correct?

a. Indifference curves are downward sloping.
b. Indifference curves that are closer to the origin are preferred to indifference curves that are further from the origin.
c. Indifference curves are bowed in toward the origin.
d. Indifference curves do not cross.

b

Economics

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If product price increases, then:

A. MP will increase. B. MFC will increase. C. MRP will increase. D. MP will decrease.

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