Shown is a backward bending indifference curve for goods X and Y. Points A and B...

  

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Shown is a backward bending indifference curve for goods X and Y. Points A and B are both on this indifference curve. Please explain how this backward bending indifference curve, where A and B are both on the same indifference curve, violates the "more is better" rule. Y A X Shown is a backward bending indifference curve for goods X and Y. Points A and B are both on this indifference curve. Please explain how this backward bending indifference curve, where A and B are both on the same indifference curve, violates the "more is better" rule. Y A X

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Answer The more is better rule also known as the principle of nonsatiation states that more of a goo... View the full answer