At consumer equilibrium, the number of utils per dollar of two different products is ______.
a. one
b. zero
c. equal
d. variable
c. equal
Economics
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The demand curve in monopolistic competition slopes downward because of:
A. strong barriers to entry. B. product differentiation. C. the small number of firms. D. government regulation.
Economics
For most firms in the economy, the largest part of factor costs is the cost of
A. labor. B. capital. C. property and machinery. D. land and natural resources.
Economics