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

True

Economics

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Cyclical unemployment refers to

a. the relationship between the probability of unemployment and a worker's changing level of experience. b. how often a worker is likely to be employed during her lifetime. c. year-to-year fluctuations of unemployment around its natural rate. d. long-term trends in unemployment.

Economics

Discuss the changes in regulations of financial firms during the 1990 and whether the proposed benefits occurred.

What will be an ideal response?

Economics