The desire to smooth consumption is reflected in

A) the consumer's budget constraint.
B) the curvature in a consumer's indifference curves.
C) choice between present and future.
D) the production possibilities frontier.

B

Economics

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In the above table, which technique is technologically inefficient?

A) Technique W B) Technique X C) Technique Y D) Technique Z

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A public good or service can be consumed by paying and nonpaying customers alike

a. True b. False Indicate whether the statement is true or false

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