This topic contains a solution. Click here to go to the answer

Author Question: If two goods are perfect complements, the shapes of the indifference curves are A) bowed toward ... (Read 67 times)

Bernana

  • Hero Member
  • *****
  • Posts: 530
If two goods are perfect complements, the shapes of the indifference curves are
 
  A) bowed toward the origin.
  B) bowed away from the origin.
  C) straight lines.
  D) right-angled lines.

Question 2

If the change in the y-axis variable is 6 and the change in the x-axis variable is 5, the slope of this line is 6/5.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ashley I

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

D

Answer to Question 2

TRUE




Bernana

  • Member
  • Posts: 530
Reply 2 on: Jun 29, 2018
Wow, this really help


Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Everyone has one nostril that is larger than the other.

For a complete list of videos, visit our video library