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mdagenh1 mdagenh1
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Posts: 439
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5 years ago

Which of the following statement(s) is (are) false?



• The concept of elasticity of demand was originated by Alfred Marshall.

• Economists do not actually need to measure the level of satisfaction to discern preferences for alternative combinations of goods.

• If the change in total utility for apples is 50 utils and the change in consumption of apples is 5 units, then marginal utility is 10.

• None of these (that is, all statements are true).
Textbook 
Introduction to Agricultural Economics

Introduction to Agricultural Economics


Edition: 7th
Authors:
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wrote...
5 years ago
None of these (that is, all statements are true).
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