A utility-maximizing consumer always purchases a good that yields the greatest average utility per dollar of expenditure

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

False

Economics

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In the above figure, the short-run aggregate supply curve is SAS1. If technology advances, there is

A) an upward movement along SAS1. B) a downward movement along SAS1. C) a shift to SAS0. D) a shift to SAS2.

Economics

Corporate governance refers to the way in which a corporation is structured and the effect that structure has on the corporation's behavior

Indicate whether the statement is true or false

Economics