If ink and cartridge are consumed in specific proportion, the indifference curve for ink and cartridge is likely to be _____
a. a straight line
b. downward sloping
c. L-shaped
d. U-shaped
c
Economics
You might also like to view...
If the U.S. interest rate rises while interest rates in the rest of the world do not change, the higher U.S. interest rate
A) decreases the demand for dollars. B) increases the demand for dollars. C) has no effect on the demand for dollars. D) will stop all trading between the currencies of the U.S. and other countries.
Economics
Explain the concept of moral hazard. Give an example
What will be an ideal response?
Economics