« previous next »

Author Question: The marginal rate of substitution is equal to the A) slope of the demand curve. B) marginal cost ... (Read 81 times)

cherise1989

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
The marginal rate of substitution is equal to the
 
  A) slope of the demand curve.
  B) marginal cost of each good.
  C) magnitude of the slope of the indifference curve.
  D) relative prices of the two goods.

Question 2

The federal government pays airlines to service small cities in the United States through a subsidy program called Essential Air Service which was established in 1978 when the airline industry was deregulated.
 
  Most subsidies can't exceed 200 per passenger. Without this subsidy, what is TRUE? A) There would be higher prices and fewer flights.
  B) There would be lower prices and fewer flights.
  C) There would be an increase in supply.
  D) There would be a decrease in demand.


zenzy

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

The titration curve of acetic acid The titration curve of acetic acid
Acceptable ranges of respiratory rate Acceptable ranges of respiratory rate
Sample Workout in the Target Heart Rate Range Sample Workout in the Target Heart Rate Range
The mortality rate in the United States increases with age and is lower for women than men at every ... The mortality rate in the United States increases with age and is lower for women than men at every ...
The demand for energy is met by burning coal and other fossil fuels The demand for energy is met by burning coal and other fossil fuels
Income per Capita versus Total Fertility Rate Income per Capita versus Total Fertility Rate
Video: Optic Nerve and Optic Disk Animation (Part 1 of 2)

For a complete list of videos, visit our video library