The law of diminishing marginal utility explains why an individual's demand curve is elastic
a. True
b. False
B
Economics
You might also like to view...
A key barrier to labor mobility within Europe is
A) the laziness of Germans. B) full employment in most European countries. C) differences in language and culture. D) lack of transportation. E) the physical barriers in the landscape.
Economics
The concentration ratios for various industries in the United States are comparable to those in other modern industrial economies
Indicate whether the statement is true or false
Economics