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Author Question: A household refers to people related by blood or marriage. Indicate whether the statement is true ... (Read 48 times)

Marty

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on: Jul 1, 2018
A household refers to people related by blood or marriage.
 
  Indicate whether the statement is true or false

Question 2

Consider a particular market-clearing price and quantity under a perfectly competitive equilibrium. As the demand curve at this point becomes more inelastic, the consumer surplus in the market tends to:
 
  A) increase.
  B) decrease.
  C) remain the same.
  D) We do not have enough information to answer this question.


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katara

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

F

Answer to Question 2

A


Marty

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Reply #2 on: Jul 1, 2018
Thank you


katara

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Reply #3 on: Jul 1, 2018
No problemo


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