Author Question: If by purchasing more apples and fewer oranges you increase your total utility, then apples must be ... (Read 105 times)

jazziefee

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If by purchasing more apples and fewer oranges you increase your total utility, then apples must be cheaper than oranges.
 
  Indicate whether the statement is true or false

Question 2

Refer to Table 11-1. What is the average product of labor when the farm hires 5 workers?
 
  A) 4 pounds B) 10.8 bushels C) 38.2 pounds D) 54 pounds


gstein359

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Answer to Question 1

FALSE

Answer to Question 2

B



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