If IC is not convex at the point of equilibrium, the consumer cannot r – InterviewSolution

1.	If IC is not convex at the point of equilibrium, the consumer cannot reach the point of stable equilibrium. Comment
Answer» True, If IC is not convex at the POINT of equilibrium the consumer cannot reach the point of stable equilibrium, in case IC is CONCAVE it PRETEND that marginal UTILITY continue to rise

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