« previous next »

Author Question: An indifference curve is a line that shows combinations of goods among which a consumer A) needs ... (Read 67 times)

asd123

  • Hero Member
  • *****
  • Posts: 557
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

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug. Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug.
How to find the equation of a line that is perpendicular to a line passing through a point How to find the equation of a line that is perpendicular to a line passing through a point
An Environmental Kuznets Curve An Environmental Kuznets Curve
Beau’s line Beau’s line
M is the midpoint of a line segment with endpoints A & B. If B is locates on the y-axis, and M ... M is the midpoint of a line segment with endpoints A & B. If B is locates on the y-axis, and M ...
Excel hardware is introducing a new product on a new product line of capacity 800 units per ... Excel hardware is introducing a new product on a new product line of capacity 800 units per ...
Video: Role of the respiratory system - effect of altered ventilation rates

For a complete list of videos, visit our video library