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BenAff BenAff
wrote...
Posts: 439
Rep: 3 0
5 years ago

Question 1.

Income increases cause no change in a household's choice set.



▸ true

▸ false

Question 2.

Assuming a perfectly competitive market implies that households do not need knowledge of qualities and prices of everything available in the market.



▸ true

▸ false
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 77 times
1 Reply
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Answer verified by a subject expert
katiewillkatiewill
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Posts: 336
5 years ago
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