Author Question: Tastes of individuals are represented by A) indifference curves. B) production possibility ... (Read 88 times)

MGLQZ · **on:** Jun 30, 2018

Tastes of individuals are represented by

A) indifference curves.
B) production possibility frontiers.
C) isovalue lines.
D) production functions.
E) the terms of trade.

Question 2

Because low tariffs have a high ratio of benefits to costs, they are an especially efficient way for nations to achieve full employment and growth.

Indicate whether the statement is true or false