The marginal rate of substitution is equal to the
A) slope of the demand curve.
B) marginal cost of each good.
C) magnitude of the slope of the indifference curve.
D) relative prices of the two goods.
Question 2
The federal government pays airlines to service small cities in the United States through a subsidy program called Essential Air Service which was established in 1978 when the airline industry was deregulated.
Most subsidies can't exceed 200 per passenger. Without this subsidy, what is TRUE? A) There would be higher prices and fewer flights.
B) There would be lower prices and fewer flights.
C) There would be an increase in supply.
D) There would be a decrease in demand.
Myocardial Oxygen supply and demand
Patients of all socioeconomic backgrounds should be given equal care.
The adsorption spectrum of rhodopsin compared with the human scotopic spectral sensitivity curve.
Static Stability & Environmental Lapse Rate
Outgroup role in relative rate test
Construct a Lorenz curve that shows income distribution in this society.