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Author Question: Which of the following economic values is NOT an example of a price? A) Wage earned per hour B) ... (Read 147 times)

notis

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on: Jul 1, 2018
Which of the following economic values is NOT an example of a price?
 
  A) Wage earned per hour
  B) Annual interest rate paid for borrowed money
  C) College tuition per semester
  D) all are examples of prices

Question 2

An upward sloping indifference curve defined over two goods violates which of the following assumptions from the theory of consumer behavior?
 
  A) transitivity.
  B) preferences are complete.
  C) more is preferred to less.
  D) all of the above
  E) none of the above


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sarahccccc

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

D

Answer to Question 2

C


notis

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

isabelt_18

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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