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

Author Question: One of the assumptions of an economic analysis is that market functions are controlled by the ... (Read 70 times)

Yolanda

  • Hero Member
  • *****
  • Posts: 757
One of the assumptions of an economic analysis is that market functions are controlled by the government.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A consumer's utility is maximized when:
 a. the dollar amount spent on each good is the same.
 b. the marginal utility of each good purchased is the same.
  c. the price of each good is the same.
 d. None of the above are generally true.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cswans24

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

False

Answer to Question 2

d




Yolanda

  • Member
  • Posts: 757
Reply 2 on: Jun 30, 2018
Excellent


JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

For a complete list of videos, visit our video library