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Author Question: Demand curves usually slope downward because of the income and substitution effects, and because of ... (Read 44 times)

torybrooks

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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



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Liamb2179

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Answer to Question 1

A

Answer to Question 2

A




torybrooks

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


nothere

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

 

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