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

Author Question: Demand curves usually slope downward because of the income and substitution effects, and because of ... (Read 27 times)

torybrooks

  • Hero Member
  • *****
  • Posts: 500
on: Jul 1, 2018
Demand curves usually slope downward because of the income and substitution effects, and because of the law of diminishing marginal utility.
 a. True
  b. False

Question 2

Positive marginal utility implies increasing total utility.
 a. True
  b. False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Liamb2179

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

A


torybrooks

  • Member
  • Posts: 500
Reply 2 on: Jul 1, 2018
Wow, this really help

LegendaryAnswers

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Tuning Curves Tuning Curves
Neurotransmitter regulation and dysregulation effects. Neurotransmitter regulation and dysregulation effects.
The effects of alcoholism on the body systems. The effects of alcoholism on the body systems.
The downward movement of the piston draws the air–fuel mixture into the cylinder through the ... The downward movement of the piston draws the air–fuel mixture into the cylinder through the ...
Common Adverse Effects of Corticosteroids Common Adverse Effects of Corticosteroids
Right lateral view showing low normal curves of the vertebral column Right lateral view showing low normal curves of the vertebral column
Video: Depolarization of the SA node, Action potentials of the myocardium & ANS effects

For a complete list of videos, visit our video library