Examlex
It follows from the weak axiom of revealed preference that if a consumer chooses x when he could afford y and chooses y when he could afford x, then his income must have changed between the two observations.
Self-knowledge
Refers to the understanding a person has about their own behaviors, preferences, capacities, and attributes.
Personality Continuity
The concept that an individual's personality traits tend to remain consistent over time and across different situations.
Socrates Quote
A statement or teaching attributed to Socrates, often emphasizing the importance of knowledge, ethics, and the examined life.
Gender Differences
Refers to the distinctions in characteristics, behaviors, roles, and psychological traits traditionally associated with males and females.
Q2: The marginal rate of substitution measures the
Q4: Waldo consumes only apples and bananas and
Q10: If the nominal interest rate is 80%
Q16: Use a diagram to prove that in
Q21: Charlie's utility function is x<sub>A</sub>x<sub>B</sub>.The price of
Q31: Ambrose's brother Francis has an income of
Q34: In an isolated mountain village, the harvest
Q42: If she spends all of her income
Q45: Carlos consumes only two goods, apples and
Q56: Remember that the Laspeyres price index uses