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

Author Question: If indifference curves are concave to the origin, which assumption on preferences is violated? A) ... (Read 147 times)

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576
on: Jul 1, 2018
If indifference curves are concave to the origin, which assumption on preferences is violated?
 
  A) Diminishing marginal rates of substitution
  B) Transitivity of preferences
  C) More is preferred to less
  D) Completeness

Question 2

Which of the following could not possibly be included in the same market as Coke?
 
  A) Pepsi
  B) Gatorade
  C) Milk
  D) Bread


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yuyiding

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

D


Alainaaa8

  • Member
  • Posts: 576
Reply 2 on: Jul 1, 2018
Excellent

dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Origin of the plant life cycle. Origin of the plant life cycle.
2 Several oxygen-binding curves: for normal hemoglobin 2 Several oxygen-binding curves: for normal hemoglobin
Supernova Light Curves Supernova Light Curves
Three point charges lie on the x x axis. Charge 1 (+9.9 μC μ C ) is at the origin, ... Three point charges lie on the x x axis. Charge 1 (+9.9 μC μ C ) is at the origin, ...
Survivorship curves. Blue lines are theoretical curves. Red dots are data from field studies. Survivorship curves. Blue lines are theoretical curves. Red dots are data from field studies.
Bacterial Origin-of-Replication Consensus Sequences Bacterial Origin-of-Replication Consensus Sequences
Video: Wound Repair Animation

For a complete list of videos, visit our video library