Crowdly
Add to Chrome
ECON-1010-D1/D2-Introduction to Microeconomics
Looking for ECON-1010-D1/D2-Introduction to Microeconomics test answers and solutions? Browse our comprehensive collection of verified answers for ECON-1010-D1/D2-Introduction to Microeconomics at moodle.uleth.ca.
Get instant access to accurate answers and detailed explanations for your course questions. Our community-driven platform helps students succeed!
If two goods are perfect substitutes, then their
❌
✅
❌
❌
❌
View this question
A change in the price of a good has
❌
❌
✅
❌
❌
View this question
Geneva is not at her consumer equilibrium for movies and music downloads. Why?
❌
❌
❌
✅
❌
View this question
The relative price of beer to bacon is 2:1. If Bob's current consumption is at a level where MUbeer/MUbacon is 1:2, then to maximize total utility Bob must
0%
0%
0%
0%
0%
View this question
Advise Sarah how to maximize her utility if MUA = 8, MUB = 20, PA = 4 and PB = 5.
❌
❌
❌
❌
✅
View this question
An individual's demand curve for X
0%
0%
0%
0%
0%
View this question
As long as a consumer is on a given indifference curve, what can we say about her preferences?
0%
0%
0%
0%
0%
View this question
In what direction will an increase in income cause a shift in the budget constraint?
❌
❌
❌
✅
❌
View this question
Albert is consuming at a point where his budget line is not as steep as indifference curve. To reach consumer equilibrium, Albert
0%
0%
0%
0%
0%
View this question
What is the relationship between goods and the income effect?
❌
❌
❌
✅
❌
View this question