The concept of absolute poverty states that anyone who falls too far behind the average income should be considered poor.

Refer to Figure 4.2. The game described in the payoff matrix is an example of a(n) ________ game

A) prisoner's dilemma B) pure coordination C) assurance D) battle of the sexes

Which graph in the above figure represents the isoquants where, as the amount of labor used increases and the amount of capital used decreases, the marginal product of labor rises

(units of capital per day is on the vertical axis and units of labor per day is on the horizontal axis)? A) Graph A B) Graph B C) Graph C D) Graph D