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Other Fields Homework Help Economics Topic started by: radiants on Aug 20, 2018



Title: Basket of goods A is on an indifference curve that lies further from the origin than basket B. From ...
Post by: radiants on Aug 20, 2018
Basket of goods A is on an indifference curve that lies further from the origin than basket B. From this we know that
A) the prices of the goods in A are more than the prices of the goods in B.
B) the satisfaction from consuming A is more than the satisfaction from consuming B.
C) the marginal utility from consuming A is more than the marginal utility from
consuming B.
D) all other consumers would also rank B above A.


Title: Basket of goods A is on an indifference curve that lies further from the origin than basket B. From ...
Post by: Fleury on Aug 20, 2018
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