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Author Question: Kumiko is not at her consumer equilibrium because she sees too many movies and buys too few books. ... (Read 60 times)

mp14

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on: Jun 29, 2018
Kumiko is not at her consumer equilibrium because she sees too many movies and buys too few books. As she moves toward her consumer equilibrium, her marginal utility from movies will ________ and her marginal utility from books will ________.
 
  A) decrease; decrease
  B) increase; decrease
  C) decrease; increase
  D) increase; increase

Question 2

The Herfindahl-Hirschman Index measures an industry's concentration of
 
  A) employment.
  B) sales.
  C) profits.
  D) productive capital.


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k2629

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

B

Answer to Question 2

B


mp14

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

Joy Chen

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

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