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Author Question: Which of the following would lead a utility-maximizing consumer to search for additional ... (Read 46 times)

xroflmao

  • Hero Member
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  • Posts: 515
on: Jun 30, 2018
Which of the following would lead a utility-maximizing consumer to search for additional information?
 a. an increase in income
  b. an increase in the marginal cost of information
  c. improved technology (e.g., Internet search programs)
  d. a reduction in the dispersion of prices
  e. an increase in the consumer's wage rate

Question 2

Todays international exchange rate system operates on the gold standard.
 a. True
  b. False


tjayeee

  • Sr. Member
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  • Posts: 329
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


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