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Author Question: ________ on an indifference curve that is farther from the origin ________ on an indifference curve ... (Read 98 times)

altibaby

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________ 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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Answer to Question 1

B

Answer to Question 2

A




altibaby

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


cdmart10

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

 

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