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Author Question: The figure above shows Sally's budget line and one of her indifference curves. At point a, Sally's ... (Read 50 times)

james

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on: Jun 29, 2018
The figure above shows Sally's budget line and one of her indifference curves. At point a, Sally's marginal rate of substitution is ________.
 
  A) 1/4
  B) 4
  C) 10
  D) 40

Question 2

Sue consumes only sub sandwiches and Mountain Dew. Subs and Mountain Dew are complements. If the price of a sub sandwiches increases
 
  A) Sue will move upward along her demand curve for subs.
  B) Sue will move downward along her demand curve for subs.
  C) Sue's demand curve for subs will shift leftward.
  D) Sue's demand curve for subs will shift rightward.


covalentbond

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

A

Answer to Question 2

A


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