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Question
Basket of goods A is on an indifference curve that lies further from the origin than basket B. From this we know that
A) the prices of the goods in A are more than the prices of the goods in B.
B) the satisfaction from consuming A is more than the satisfaction from consuming B.
C) the marginal utility from consuming A is more than the marginal utility from consuming B.
D) all other consumers would also rank B above A.
Answer
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