Question: True or false justify your answer 1-The higher the price of X1 the flatter the B.L would be 2-Consumer equilibrium requires that indifference curve intersects

True or false justify your answer 1-The higher the price of X1 the flatter the B.L would be

2-Consumer equilibrium requires that indifference curve intersects the B.L

3-If B.L slope =zero, then a consumer can have an extra unit of good X without paying additional money

4-Cash subsidy is preferred to gift certificate from the store owner view point

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