The consumption contract curve
A. is always a straight line.
B. is the locus of Pareto optimal points.
C. will always have the same MRS.
D. is always negatively sloped.
Answer: B
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What will be an ideal response?
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A. Performance bonuses B. Threat of takeovers C. Flat fees D. Revenue-sharing contracts
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A. sale; increase B. sale; keep constant C. sale; decrease D. purchase; increase