Question: The effectiveness of using indifference curves to illustrate the functioning of an economic system depends on the assumption that Multiple Choice individuals have access to

The effectiveness of using indifference curves to illustrate the functioning of an economic system depends on the assumption that Multiple Choice individuals have access to all products that are available in all markets. the relative price of products is the same in all countries. individuals make prudent choices in the things they consume. given a budget constraint, an individual will choose the level of consumption that provides him or her with the highest feasible indifference curve

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