(A). Explain why most indifference curves are convex. [5 points] (B). Use Figure 4 below to answer the following question. Figure 4 What is the importance of slope in understanding the relationship between these two variables \\( X \\) and \\( Y \\) ? Provide an example of an economic relationship that can be explained by panels A, B, C, and D. [5 points]

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