If firms accused of antitrust violations sign a consent decree, they have
a. admitted guilt and accept the lawful penalties
b. admitted guilt, but are relieved of any penalties by agreeing to cease the violations
c. agreed to cease the alleged wrongdoing, without admitting guilt
d. denied the accusation and requested a formal hearing or trial
e. denied the accusation and given proof that it is untrue
C
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The price level is held constant when moving along the planned expenditures curve
Indicate whether the statement is true or false
The slope of an indifference curve is equal to the ratio of the ____ of the good on the horizontal axis to the ____ of the good on the vertical axis
a. marginal utility (MU); marginal utility (MU) b. total utility (TU); total utility (TU) c. marginal product (MP); marginal product (MP) d. price (P); total utility (TU)