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Author Question: Moving down along an indifference curve: a. total utility remains constant. b. total utility ... (Read 124 times)

acc299

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on: Jun 30, 2018
Moving down along an indifference curve:
 a. total utility remains constant.
 b. total utility decreases.
 c. total utility increases.
 d. total utility first decreases and then increases.

Question 2

The labor market is in equilibrium when:
 a. the demand curve lies above the supply curve.
  b. both demand and supply curves are positively sloped.
  c. both demand and supply curves are negatively sloped.
  d. the demand curve intersects the supply curve.
  e. the demand curve is negatively sloped but the supply curve is positively sloped.


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phuda

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

a

Answer to Question 2

d


acc299

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  • Posts: 569
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Viet Thy

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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