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3 years ago

For which pairs of goods would most people likely have convex indifference curves

Business

1 answer:

sergiy2304 [10]3 years ago

6 0

Answer:

Movie tickets and concert tickets .

Explanation:

The indifference curve is a chart showing a mixture of two products providing equal value and usefulness for the customer.

That point on a graph of indifference indicates a customer is oblivious here between two and all points offer him the very same value.
The indifference curve method was used not only to describe the actions and demand of customers but also to evaluate and clarify numerous other economic issues.

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3 years ago

Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct

Brrunno [24]

Answer:

Underapplied overhead= $1,640

Explanation:

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2 years ago

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3 years ago

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ale4655 [162]

Answer:

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Explanation:

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3 years ago

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Answer:

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3 years ago