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Author Question: The property of diminishing marginal rate of substitution follows from the property that the ... (Read 64 times)

lbcchick

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on: Jun 30, 2018
The property of diminishing marginal rate of substitution follows from the property that the indifference curve is
 
  A) downward sloping.
  B) upward sloping.
  C) bowed in toward the origin.
  D) bowed out from the origin.

Question 2

A default premium is the interest rate premium
 
  A) under normal market circumstances.
  B) when there are no market fluctuations.
  C) covering the default risk.
  D) for government debt.


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Sassygurl126

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


lbcchick

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Reply 2 on: Jun 30, 2018
Excellent

gcook

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

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