A rational individual would never:
A) drive a truck across someone else's yard
B) study all night for an examination
C) desire more money than she could spend
D) prefer oranges over apples, apples over bananas, and bananas over oranges
Correct Answer:
Verified
Q6: The traditional convex indifference curve that is
Q7: If an indifference curve intersects a budget
Q8: The tangency of an indifference curve and
Q9: If you are eating pizza at a
Q10: The Law of Diminishing Marginal Utility explains:
A)
Q12: When an economist says that an apple
Q13: An economist should never:
A) make value judgements
Q14: If the price of gasoline increases significantly
Q15: An increase in the per capita income
Q16: To an economist, rational behavior means:
A) that
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