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Author Question: What happens to the absolute value of the marginal rate of substitution as you move down a convex ... (Read 71 times)

charchew

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on: Jun 29, 2018
What happens to the absolute value of the marginal rate of substitution as you move down a convex (bowed toward the origin) indifference curve?
 
  A) It could increase or decrease. B) It remains constant.
  C) It decreases. D) It increases.

Question 2

The ability-to-pay principle of taxation is the normative idea that
 
  A) an equitable tax system is one in which high income individuals should bear a greater burden of taxes than low income individuals.
  B) two individuals earning the same income should have equal ability to pay, all else constant.
  C) each individual should voluntarily contribute according to her ability to pay taxes.
  D) progressive taxes are more equitable than regressive taxes.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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jennafosdick

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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charchew

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

xthemafja

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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