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Author Question: An indifference curve is a line that shows combinations of goods among which a consumer A) needs ... (Read 63 times)

asd123

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on: Jun 29, 2018
An indifference curve is a line that shows combinations of goods among which a consumer
 
  A) needs equally.
  B) does not care which combination he or she receives.
  C) can afford.
  D) has readily available.

Question 2

As more of a good is consumed, its marginal utility ________ and its total utility ________.
 
  A) rises; rises
  B) rises; falls
  C) falls; rises
  D) falls; falls


nixon_s

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


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