Exam (elaborations)
TEST BANK Intermediate Microeconomics 9TH EDITION Hal R. Varian Theodore C. Bergstrom James E. West
- Institution
- Arizona State University
CHAPTER 2 BUDGET CONSTRAINT TRUE/FALSE 1. If there are two goods with positive prices and the price of one good is reduced, while income and other prices remain constant, then the size of the budget set is reduced. ANS: F DIF: 1 2. If good 1 is measured on the horizontal axis and good 2 is mea...
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