Author Question: The human mind's abilities to reason and imagine are facilitated by the information it can collect ... (Read 78 times)

KWilfred

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The human mind's abilities to reason and imagine are facilitated by the information it can collect from trustworthy sources, rather than by facts and experiences it can recall from memory.
  Indicate whether the statement is true or false

Question 2

A consumer is in equilibrium when:
 a. his or her marginal utility derived from each good is maximized.
  b. each dollar spent on each item provides more and more satisfaction.
  c. each dollar spent on each item provides less and less satisfaction.
  d. the last dollar spent on each item provides the same additional satisfaction as that dollar would if spent on any other item.
  e. his or her average utility for each item is the same.



aprice35067

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Answer to Question 1

F

Answer to Question 2

d



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