Multiple Choice
If the utility for two goods "x" and "y" can be measured as U = y,then it can be concluded that
A) "x" and "y" are perfect complements.
B) "x" is a "bad".
C) the indifference curves on the x,y graph are upward sloping where "x" is measured on the horizontal axis.
D) the indifference curves on the x,y graph are horizontal where "x" is measured on the horizontal axis.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: If two goods are perfect substitutes,then the
Q59: If MRS > MRT,then the consumer is
Q76: Clifford lives by the motto "Eat,drink and
Q83: Which of the following is an example
Q84: Suppose that left shoes and right shoes
Q86: Johnny has $100 to spend on books
Q89: Measuring "y" on the vertical axis and
Q90: If Fred's marginal utility of pizza equals
Q98: Explain the difference between the marginal rate
Q103: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -Max has allocated