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lambchop03 lambchop03
wrote...
Posts: 483
4 years ago

Question 1.

Voluntary exchange is a change that makes



▸ some people better off and some people worse off.

▸ nobody better off and nobody worse off.

▸ everyone better off and nobody worse off.

▸ some people better off and nobody worse off.

Question 2.

A household ________ as long as the utility from the good's consumption is less than its market price.



▸ will only buy a good

▸ will always buy a good

▸ should never buy a good

▸ should never sell a good
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 64 times
2 Replies
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Answer verified by a subject expert
h00304413h00304413
wrote...
Posts: 411
4 years ago
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lambchop03 Author
wrote...
4 years ago
Thanks
¯\_(ツ)_/¯
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