The isoquants for inputs that are perfect substitutes for one another consist of a series of:
a. right angles
b. parallel lines
c. concentric circles
d. right triangles
e. none of the above
b
Economics
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A deficit-financed tax cut will ____ national savings and _____ private consumption
a. have no effect on; increase b. increase; decrease c. decrease; decrease d. decrease; increase
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All these are motivations for tie-in-sales except,
a. Efficiency b. Assure quality c. Provide secret price discounts d. All the above
Economics