Refer to Figure 3-2. An increase in the expected future price of the product would be represented by a movement from

In the United States, ________ percent of all firms are corporations

A) 18 B) 60 C) 72 D) 82

As an individual moves northwest along an indifference curve substituting more and more Y for X, his or her MRS of X for Y

a. increases. b. decreases. c. stays the same. d. changes in a way that cannot be determined.