This topic contains a solution. Click here to go to the answer

Author Question: Moving down along an indifference curve: a. total utility remains constant. b. total utility ... (Read 135 times)

acc299

  • Hero Member
  • *****
  • Posts: 569
Moving down along an indifference curve:
 a. total utility remains constant.
 b. total utility decreases.
 c. total utility increases.
 d. total utility first decreases and then increases.

Question 2

The labor market is in equilibrium when:
 a. the demand curve lies above the supply curve.
  b. both demand and supply curves are positively sloped.
  c. both demand and supply curves are negatively sloped.
  d. the demand curve intersects the supply curve.
  e. the demand curve is negatively sloped but the supply curve is positively sloped.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

phuda

  • Sr. Member
  • ****
  • Posts: 348
Answer to Question 1

a

Answer to Question 2

d




acc299

  • Member
  • Posts: 569
Reply 2 on: Jun 30, 2018
Excellent


ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

For a complete list of videos, visit our video library