The demand for luxurious goods are usually unaffected by an ...

[Engineer]

The demand for luxurious goods are usually unaffected by an increase in income.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Along a straight-line production possibilities curve:
 a. the opportunity cost of production of a good is zero.
 b. the opportunity cost of production of a good falls as its output increases.
  c. the opportunity cost of production of a good rises as its output increases.
  d. the opportunity cost of production of a good is constant.

[britb2u]

Answer to Question 1

False

Answer to Question 2

d