If bundles of goods A and B lie on the same indifference curve, one can assume the individual:

a. prefers bundle A to bundle B.
b. prefers bundle B to bundle A.
c. enjoys bundle A and B equally.
d. bundle A contains the same goods as bundle B.


c

Economics

You might also like to view...

Illegal immigrants make up about what percent of all construction workers?

A. 17% B. 5% C. 32% D. 53%

Economics

An increase in the real exchange rate will tend to ________ exports and to ________ imports.

A. increase; decrease B. decrease; increase C. decrease; decrease D. increase; increase

Economics

Refer to the above table (all figures in millions). Which country experienced the greatest economic growth from 2014 to 2015?

A) A B) B C) C D) D

Economics

Until the 1980s, most of the national debt was

a. owned by foreigners. b. acquired either during wars, especially World War II, or during recessions. c. owned by banks. d. financed by printing money.

Economics