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Author Question: Utility is a. easily measured because all people derive the same utility from consumption b. ... (Read 105 times)

naturalchemist

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Utility is
 a. easily measured because all people derive the same utility from consumption
  b. easily measured because it is an objective concept
  c. easily measured because it is a subjective concept
  d. hard to measure because it is a subjective concept
  e. hard to measure because it is an objective concept

Question 2

All of the following are examples of a constant-elasticity demand curve except a(n)
 a. perfectly elastic demand curve
  b. linear demand curve with a slope of -4
  c. perfectly inelastic demand curve
  d. unit-elastic demand curve
  e. vertical demand curve



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djpooyouma

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Answer to Question 1

D

Answer to Question 2

B




naturalchemist

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Reply 2 on: Jul 1, 2018
:D TYSM


kalskdjl1212

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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