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Author Question: A change in the price of a good has two effects on the quantity consumed. What are these effects? ... (Read 70 times)

lracut11

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on: Jun 29, 2018
A change in the price of a good has two effects on the quantity consumed. What are these effects?
 
  A) the income effect and the substitution effect B) the consumption effect and expenditure effect
  C) the total utility effect and marginal utility effect D) the utility effect and the budget effect

Question 2

Refer to Figure 11-1. The marginal product of the 3rd worker is
 
  A) 57. B) 19. C) 15. D) 11.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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lorealeza

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lracut11

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Reply 2 on: Jun 29, 2018
Excellent

meow1234

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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