Indifference curves are downward sloping because of the assumption of
A) completeness.
B) transitivity.
C) more is better.
D) All of the above.
C
Economics
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The rate of growth of output per worker in the United States between 1985 and 2014 was approximately equal to which of the following?
A) 1.7% B) 3.8% C) 4.8% D) 5.8%
Economics
When the cross-price elasticity of demand between two products is positive, the two goods are said to be substitutes
a. True b. False
Economics