30. What consumer's budget constraint reflect? O the Trade-off between two goods O the relative prices of the two goods O the opportunity cost of each good all are correct

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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30. What consumer's budget constraint reflect?
the Trade-off between two goods
the relative prices of the two goods
the opportunity cost of each good
all are correct
31. What does the indifferent curve (IC) reflect?
the preference among difference IC
the indifferent preference among consumption choices along the curve
how much consumption one can get
satisfaction from a bundle consumption and subjective wellbeing
อื่นๆ:
Transcribed Image Text:docs.google.com 30. What consumer's budget constraint reflect? the Trade-off between two goods the relative prices of the two goods the opportunity cost of each good all are correct 31. What does the indifferent curve (IC) reflect? the preference among difference IC the indifferent preference among consumption choices along the curve how much consumption one can get satisfaction from a bundle consumption and subjective wellbeing อื่นๆ:
Oct
32. What slope of IC reflect?
the trade-off rate between the two goods by a consumer
relative prices of the two goods
none are correct
both are correct
docs.google.com
33. Why indifferent curve is bowed inward?
the relative opportunity costs of those goods
the diminishing return of satisfaction from additional unit of good
the diminishing return of preference in the IC
None is correct
อื่นๆ:
34. What is correct statement about IC?
Transcribed Image Text:Oct 32. What slope of IC reflect? the trade-off rate between the two goods by a consumer relative prices of the two goods none are correct both are correct docs.google.com 33. Why indifferent curve is bowed inward? the relative opportunity costs of those goods the diminishing return of satisfaction from additional unit of good the diminishing return of preference in the IC None is correct อื่นๆ: 34. What is correct statement about IC?
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