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Author Question: If by purchasing more apples and fewer oranges you increase your total utility, then apples must be ... (Read 106 times)

jazziefee

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on: Jun 29, 2018
If by purchasing more apples and fewer oranges you increase your total utility, then apples must be cheaper than oranges.
 
  Indicate whether the statement is true or false

Question 2

Refer to Table 11-1. What is the average product of labor when the farm hires 5 workers?
 
  A) 4 pounds B) 10.8 bushels C) 38.2 pounds D) 54 pounds
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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gstein359

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

FALSE

Answer to Question 2

B


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