« previous next »

Author Question: An indifference curve is a line that shows combinations of goods among which a consumer A) needs ... (Read 58 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?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Sequential decline of whale catches in the Antarctic shows the strong effect of human predators. Sequential decline of whale catches in the Antarctic shows the strong effect of human predators.
The salivary glands, parotid, sublingual, and submandibular. This image shows the position of each g The salivary glands, parotid, sublingual, and submandibular. This image shows the position of each g
Mechanical ventilation. The photograph shows a patient receiving breathing assistance by the use of Mechanical ventilation. The photograph shows a patient receiving breathing assistance by the use of
Ecosystem goods and services and monetary values Ecosystem goods and services and monetary values
Number line (real numbers) Number line (real numbers)
The purpose of mitosis is to take diploid cells and make two identical clones. A shows a simplified The purpose of mitosis is to take diploid cells and make two identical clones. A shows a simplified
Video: Net filtration pressure and lymph formation, edema & blood velocity

For a complete list of videos, visit our video library