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

Author Question: All of the following are non-price determinants of demand except A) tastes and preferences. B) ... (Read 129 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
All of the following are non-price determinants of demand except
 
  A) tastes and preferences.
  B) income.
  C) technology.
  D) future expectations.

Question 2

Convexity of indifference curves implies that consumers are willing to
 
  A) give up more y to get an extra x the more x they have.
  B) give up more y to get an extra x the less x they have.
  C) settle for less of both x and y.
  D) acquire more x only if they do not have to give up any y.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Chelseyj.hasty

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

C

Answer to Question 2

B




tingc95

  • Member
  • Posts: 556
Reply 2 on: Jul 1, 2018
Excellent


kusterl

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

For a complete list of videos, visit our video library