1
answer
0
watching
223
views
3 Mar 2019
1. which of the assumptions about consumer's preferences guarantees that the indifferent curves are do not intersects?
a. more is better than leâss c. consumption and leisure are normal goods
b. preference of diversity d. none of the above
2. which of the following variables are exogenous (parameters) in the cosumer's decision problem?
a. consumption (c) d. Incomet(I)
b. wage (w) e. profit (pi-greek letter)
c. households(h) f. Tax on income(T)
1. which of the assumptions about consumer's preferences guarantees that the indifferent curves are do not intersects?
a. more is better than leâss c. consumption and leisure are normal goods
b. preference of diversity d. none of the above
2. which of the following variables are exogenous (parameters) in the cosumer's decision problem?
a. consumption (c) d. Incomet(I)
b. wage (w) e. profit (pi-greek letter)
c. households(h) f. Tax on income(T)
1
answer
0
watching
223
views
For unlimited access to Homework Help, a Homework+ subscription is required.
Elin HesselLv2
4 Mar 2019