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Author Question: The property of diminishing marginal rate of substitution follows from the property that the ... (Read 66 times)

lbcchick

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The property of diminishing marginal rate of substitution follows from the property that the indifference curve is
 
  A) downward sloping.
  B) upward sloping.
  C) bowed in toward the origin.
  D) bowed out from the origin.

Question 2

A default premium is the interest rate premium
 
  A) under normal market circumstances.
  B) when there are no market fluctuations.
  C) covering the default risk.
  D) for government debt.



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Sassygurl126

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Answer to Question 1

C

Answer to Question 2

C




lbcchick

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


daiying98

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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