A consumer will consume the combination of goods at the crossing point of a budget line and indifference curve

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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Amber Crombie is a stay-at-home mom while her husband Fitch works two jobs. What can we clearly conclude?

A) Amber Crombie is unemployed. B) Fitch is employed. C) Amber Crombie is exploited. D) Fitch is exploited. E) All of the above are true.

Economics

Explain the principle "Make the poorest as well off as possible." Who proposed it?

What will be an ideal response?

Economics