If the Utility for Two Goods "X" and "Y" Can

question 87

Multiple Choice

If the utility for two goods "x" and "y" can be measured as U = y,then it can be concluded that

• A)"x" and "y" are perfect complements.
• B)"x" is a "bad".
• C)the indifference curves on the x,y graph are upward sloping where "x" is measured on the horizontal axis.
• D)the indifference curves on the x,y graph are horizontal where "x" is measured on the horizontal axis.

Identify and differentiate between various units of measurement and their conversions (e.g., mass, volume, and length).

Describe the scientific method's procedure and its application in solving problems.

Distinguish between the terms mass and weight, including how they are measured.

Understand the significance of significant figures in scientific measurements.