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Author Question: Which of the following will change the slopes of your indifference curves between gasoline and movie ... (Read 79 times)

@Brianna17

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on: Jun 29, 2018
Which of the following will change the slopes of your indifference curves between gasoline and movie rentals?
 
  A) a change in your preferences for either of the two goods
  B) only a change in the price of either of the two goods
  C) only a change in your income
  D) Both a change in the price of either good and a change in income will change the slopes of your indifference curves.

Question 2

Other things remaining the same, the higher the current exchange rate, the larger is the expected profit from buying dollars.
 
  Indicate whether the statement is true or false


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polinasid

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

A

Answer to Question 2

FALSE


@Brianna17

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

xiazhe

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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