Why we believe that indifference curves are convex


Problem

1. Give as many reasons as you can why we believe that indifference curves are convex and explain.

2. Don is altruistic. Show the possible shape of his indifference curves between charity and all other goods.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why we believe that indifference curves are convex
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