If the utility for two goods "x" and "y" can be measured as U = y, then it can be concluded that

A) "x" and "y" are perfect complements.
B) "x" is a "bad".
C) the indifference curves on the x,y graph are upward sloping where "x" is measured on the horizontal axis.
D) the indifference curves on the x,y graph are horizontal where "x" is measured on the horizontal axis.

D

Economics

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The highest-valued alternative that must be given up to engage in an activity is the definition of

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