This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Homogeneous goods are ________. A) perfect complements B) perfect substitutes C) similar but ... (Read 80 times)

itsmyluck

  • Hero Member
  • *****
  • Posts: 546
on: Jun 29, 2018
Homogeneous goods are ________.
 
  A) perfect complements
  B) perfect substitutes
  C) similar but not identical
  D) always inferior

Question 2

Refer to the figure above. In comparison to the bundles on IC1, the bundles on IC3:
 
  A) give the same level of utility and are affordable.
  B) give the same level of utility but are not affordable.
  C) give a higher level of utility and are affordable.
  D) give a higher level of utility but are not affordable.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

xMRAZ

  • Sr. Member
  • ****
  • Posts: 363
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


itsmyluck

  • Member
  • Posts: 546
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Worldly Goods Worldly Goods
Temperament refers to stable differences in the emotional reactions of different children to similar ... Temperament refers to stable differences in the emotional reactions of different children to similar ...
How to factor a perfect square trinomial How to factor a perfect square trinomial
Perfect Circles Perfect Circles
If 0.40 mol of NaN3 reacts completely in the reaction shown below, then ________ L of N2 will ... If 0.40 mol of NaN3 reacts completely in the reaction shown below, then ________ L of N2 will ...
Draw an Edgeworth box for two consumers over two goods Draw an Edgeworth box for two consumers over two goods
Video: Nervous pathway to the Neuromuscular (NMJ)

For a complete list of videos, visit our video library