Draw the preferences of a consumer

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Reference no: EM132198087

Question: Draw the preferences of a consumer who cares only about two goods (1 and 2), prefers more of each good to less, and she has diminishing marginal rate of substitution. Use the graph to show that her preferences are strictly convex. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132198087

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