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Author Question: All of the following are non-price determinants of demand except A) tastes and preferences. B) ... (Read 84 times)

tingc95

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on: Jul 1, 2018
All of the following are non-price determinants of demand except
 
  A) tastes and preferences.
  B) income.
  C) technology.
  D) future expectations.

Question 2

Convexity of indifference curves implies that consumers are willing to
 
  A) give up more y to get an extra x the more x they have.
  B) give up more y to get an extra x the less x they have.
  C) settle for less of both x and y.
  D) acquire more x only if they do not have to give up any y.


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Chelseyj.hasty

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Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

B


tingc95

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Reply 2 on: Jul 1, 2018
Excellent

marict

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Reply 3 on: Yesterday
Gracias!

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