subject
Engineering, 24.10.2019 03:00 liloleliahx2

Using the concept of marginal rate of substitution, explain why the two sets of curves are different from each other. the indifference curves are different because a. smith's and jones's preferences violate the assumption of transitivity. b. jones's marginal rate of substitution is larger than smith's. c. jones is willing to give up fewer rock concerts for an additional hockey game than smith is. d. smith is willing to give up more rock concerts for an additional hockey game than jones is. e. jones's budget line is flatter than smith's.

ansver
Answers: 2

Another question on Engineering

question
Engineering, 03.07.2019 14:10
Explain the difference laminar and turbulent flow. explain it with the shear stress and the velocity profiles.
Answers: 1
question
Engineering, 03.07.2019 14:10
If the thermal strain developed in polyimide film during deposition is given as 0.0044. assume room temperature is kept at 17.3 c, and thermal coefficient of expansion for the film and the substrate are 54 x 10^-6c^-1 and 3.3 x 10^-6c^-1respectively. calculate the deposition temperature.
Answers: 3
question
Engineering, 04.07.2019 03:10
What precautions should you take to prevent injuries when dealing with heavy loads?
Answers: 1
question
Engineering, 04.07.2019 18:10
The thermal expansion or contraction of a given metal is a function of the f a)-density b)-initial temperature c)- temperature difference d)- linear coefficient of thermal expansion e)- final temperature f)- original length
Answers: 2
You know the right answer?
Using the concept of marginal rate of substitution, explain why the two sets of curves are different...
Questions
question
English, 02.09.2021 18:20
question
Mathematics, 02.09.2021 18:20
question
Mathematics, 02.09.2021 18:20
question
English, 02.09.2021 18:20
question
Mathematics, 02.09.2021 18:20