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Author Question: If an indifference map for a consumer is made up of straight, negatively sloped lines, the goods are ... (Read 84 times)

karlynnae

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on: Jun 29, 2018
If an indifference map for a consumer is made up of straight, negatively sloped lines, the goods are
 
  A) perfect complements.
  B) unrelated.
  C) perfect substitutes.
  D) not desirable.

Question 2

To graph a relationship that involves more than two variables, we use the ceteris paribus assumption.
 
  Indicate whether the statement is true or false


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perkiness

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

TRUE


karlynnae

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

helenmarkerine

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Reply 3 on: Yesterday
Excellent

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