4. UYGULAMA DERSÝ SORULARI_25.10.2010 -...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
SD_2010-2011/4 ISL233-M İ KRO İ KT İ SAT-UYGULAMA DERS İ -4 25.10.2010 19. Match the following descriptions of preferences to the indifference curve diagrams that follow. ___ Ann does not care whether she has more diet soft drinks or fewer diet soft drinks. ___ Peter is very picky about his buttered popcorn. He tops every quart of popped corn with exactly one quarter cup of melted butter. ___ Amy likes M&M's, plain and peanut. For Amy, the marginal rate of substitution between plain and peanut M&M's does not vary with the quantities of plain and peanut M&M's she consumes. ___ George dislikes broccoli and would be willing to pay something to not have to eat it. ___ Natalya likes rap and rock music. Natalya's preferences exhibit a diminishing marginal rate of substitution between the two types of music. ___ Matthew knows his limit. He likes beer up to a point, but if he drinks too much he gets sick.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
SD_2010-2011/4 20. An island economy produces only two goods, coconuts and pineapples. There are five people
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 01/30/2012 for the course ECON 121 taught by Professor Abi during the Spring '11 term at Abu Dhabi University.

Page1 / 2

4. UYGULAMA DERSÝ SORULARI_25.10.2010 -...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online