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12/6/2018 Question 1 Quiz 003 All combinations of two products that consumers can purchase given a certain income and product prices is the: Answer saved Marked out of 1.00 Select one: a. Demand Curve b. Total Utility Curve c. Indifference curve d. Budget Line Question 2 Consumer behavior is directly affected by any of the following internal factors except: Answer saved Marked out of 1.00 Select one: a. Beliefs b. Season c. Raw materials cost d. Peers Question 3 The extra satisfaction you get from successive consumption of the same product is: Answer saved Marked out of 1.00 Select one: a. Marginal Utility b. Indifference Curve c. Total Satisfaction d. Quantity Demanded https://blended.amauonline.com/mod/quiz/attempt.php?attempt=32127766#q1 1/4 12/6/2018 Question 4 Answer saved Marked out of 1.00 Quiz 003 True or False. If the statement is true, write the word True. If False, write False and replace the underlined word with the correct term. Note that the system accepts an exact answer. Wrong spelling is considered wrong. For example: Q: Whales are reptiles. A: False - mammals Indifference curves are downward sloping to the right and are concave in shape. Answer ...
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