The indifference curve between eggs and dozens of eggs would be

A. a rectangular hyperbola.
B. a downward sloping straight line with a slope of -12.
C. bowed in to the origin.
D. bowed out from the origin.

Answer: B

Economics

You might also like to view...

Which of the following is NOT a major foreign exchange center?

a. London b. New York c. Tokyo d. Chicago

Economics

Refer to the figure above. If A forms a customs union with C, it will import

A) 40 units from B. B) 70 units from C. C) 70 units from each. D) 40 units from B and 70 units from C.

Economics