Land is an example of an nonrenewable resource. Indicate ...

[Alainaaa8]

Land is an example of an nonrenewable resource.
 
  Indicate whether the statement is true or false

Question 2

You consume only steak and lobster. Your income effect from a drop in the price of lobster is measured by a movement along your indifference curve between steak and lobster.
 
  Indicate whether the statement is true or false

[dyrone]

Answer to Question 1

FALSE

Answer to Question 2

FALSE

[Alainaaa8]

Great answer, keep it coming

[ktidd]

Thanks for the timely response, appreciate it