This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The marginal rate of substitution is: a. the total amount a consumer is willing to trade to get ... (Read 23 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
on: Jun 30, 2018
The marginal rate of substitution is:
 a. the total amount a consumer is willing to trade to get another good.
 b. the rate at which the consumer is willing to trade one good to gain one more unit of another good.
  c. is reflected by the slope of the indifference curve.
 d. characterized by both b. and c.

Question 2

If a particular factor has a specific use, its transfer earning is very high.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

JCABRERA33

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

False


awywial

  • Member
  • Posts: 577
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Primary production is positively correlated with the evapotranspiration rate. Primary production is positively correlated with the evapotranspiration rate.
The Rate Law The Rate Law
Spring force, crankcase pressure, and intake manifold vacuum work together to regulate the flow rate ... Spring force, crankcase pressure, and intake manifold vacuum work together to regulate the flow rate ...
Transatlantic Slave Trade Transatlantic Slave Trade
World Total Energy Consumption by Fuel Type World Total Energy Consumption by Fuel Type
A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ... A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ...
Video: Homologous chromosomes during prophase I - Animation

For a complete list of videos, visit our video library