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The law of diminishing marginal utility is the reason for upward sloping supply curves.

Sami214

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7 years ago

The law of diminishing marginal utility is the reason for upward sloping supply curves.

The law of diminishing marginal utility is the reason for upward sloping supply curves.
a. True
b. False
Indicate whether the statement is true or false

QUESTION 2

Sherman Antitrust Act bans price discrimination that substantially lessens competition or injures particular competitors.
a. True
b. False
Indicate whether the statement is true or false

QUESTION 3

Which of the following flows from the government to the households?
a. Goods and services
b. Resources of production
c. Taxes
d. Government services
e. Loans

QUESTION 4

Marginal utility must be positive.
a. True
b. False
Indicate whether the statement is true or false

QUESTION 5

Antitrust policies are a set of measures which are taken to liberate the economy from unnecessary governmental controls.
a. True
b. False
Indicate whether the statement is true or false

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Michealg22

wrote...

7 years ago

[Answer to ques. #1] FALSE

[Answer to ques. #2] FALSE

[Answer to ques. #3] d

[Answer to ques. #4] FALSE

[Answer to ques. #5] FALSE

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Sami214 Author

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7 years ago

My teacher is very rude and likes to speed his way through a lesson without letting the class ask questions. Thank you for helping me. You're a life saver Slight Smile

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