Author Question: As long as a person had to pay a positive price for a good, he would never consume to the point ... (Read 21 times)

fox · **on:** Jun 30, 2018

As long as a person had to pay a positive price for a good, he would never consume to the point where his total utility was falling with additional consumption.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Monetary freedom refers to:
a. the ability to create and operate an enterprise easily.
b. the absence of tariff and non-tariff barriers that affect imports of goods.
c. the tax burden and overall tax revenue of the government.
d. price stability with an assessment of price control.
e. the free flow of foreign capital.