The slope of the budget line in the graph shown:
A. represents the relative marginal utilities from consuming the two goods.
B. is the consumer's income level.
C. measures the total utility the consumer gets from consuming the two goods.
D. represents the opportunity cost of the two goods relative to each other.
Answer: D
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Forces inside a nation that cause people to think about leaving that nation are called what in migration theory?
What will be an ideal response?
In the context of market structure, the characteristic that best describes a monopolistically competitive market is that:
a. there are few firms in the market. b. the products produced cannot be easily differentiated. c. entry and exit are both difficult. d. firms spend a great deal on advertising and promotion. e. firms spend very little on advertising and promotion.