Based on the Current Directions of Plate Motion, China and the West

question 45

True/False

Based on the current directions of plate motion, China and the West Coast of the United States are getting closer.

Relate the concept of higher indifference curves with greater levels of utility.

Understand the non-crossing property and convexity of indifference curves for ordinary goods.

Determine the effects of price changes on consumption choices using indifference curve analysis.

Differentiate between the substitution effect and the income effect.

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