What does the bowed shape of the indifference curve reflect about the consumer’s willingness?

Question

Accepted Answer

It reflects his greater willingness to give up a good that he already has in large quantity.

Answer

It reflects his unwillingness to give up a good that he already has in large quantity.

Answer

It reflects his unwillingness to purchase a good that he already has in large quantity.

Answer

It reflects his greater willingness to purchase a good that he already has in large quantity.

Answer

None of the above.

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