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Author Question: Demand curves usually slope downward because of the income and substitution effects, and because of ... (Read 65 times)

torybrooks

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on: Jul 1, 2018
Demand curves usually slope downward because of the income and substitution effects, and because of the law of diminishing marginal utility.
 a. True
  b. False

Question 2

Positive marginal utility implies increasing total utility.
 a. True
  b. False


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Liamb2179

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Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

A


torybrooks

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

ultraflyy23

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Reply 3 on: Yesterday
Excellent

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