With quasilinear preferences, the slope of indifference curves is constant along all rays through the origin.

Is the following statement true or false? Briefly explain your answer. "With quasilinear preferences, the slope of indifference curves is constant along all rays through the origin."

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Expert Solution

The given statement is FALSE

With quasilinear preferences, the slope of indifference curves is constant along all rays through the origin is a false statement.
For the specified or given value of quasilinear preferences of good or product, the slope will be the same.

Rahul Sunny answered 1 year ago

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