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Other Fields Homework Help Economics Topic started by: nakungth on Oct 24, 2017



Title: Use the following statements to answer this question. I.The numerical labels attached to ...
Post by: nakungth on Oct 24, 2017
Use the following statements to answer this question.
I.   The numerical labels attached to indifference curves are meaningful only in an ordinal way.
II.   The numerical labels attached to isoquants are meaningful only in an ordinal way.
A) both I and II are true.
B) I is true, and II is false.
C) I is false, and II is true.
D) both I and II are false.


Title: Re: Use the following statements to answer this question. I.The numerical labels attached to ...
Post by: Canih on Oct 24, 2017
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Title: Re: Use the following statements to answer this question. I.The numerical labels attached to ...
Post by: nakungth on Aug 15, 2018
Thank you!