If by purchasing more apples and fewer oranges you increase your total utility, then apples must be ...

Author Question: If by purchasing more apples and fewer oranges you increase your total utility, then apples must be ... (Read 128 times)

jazziefee

Hero Member
Posts: 505

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 ¦ 1^st Edition

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gstein359

Sr. Member
Posts: 293

Reply #1 on: Jun 29, 2018

Answer to Question 1

FALSE

Answer to Question 2

B

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