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Author Question: ________ on an indifference curve that is farther from the origin ________ on an indifference curve ... (Read 82 times)

altibaby

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on: Jun 29, 2018
________ on an indifference curve that is farther from the origin ________ on an indifference curve that is closer to the origin.
 
  A) Some combinations; are preferred to some combinations
  B) Any combination; is preferred to any combination
  C) Most combinations; are preferred to all combinations
  D) Combinations; are not as affordable as combinations

Question 2

In the figure above, if no one owns the lake, the market does what?
 
  A) overproduces 120 tons of pesticide
  B) underproduces 120 tons of pesticide
  C) overproduces 60 tons of pesticide
  D) produces the efficient quantity of pesticide


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Christopher

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

B

Answer to Question 2

A


altibaby

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

peter

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Reply 3 on: Yesterday
Excellent

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