Economics is mainly concerned with the study of
a. money.
b. scarcity.
c. profits.
d. unemployment.

Suppose the price of a complement to lcd televisions rises. what effect will this have on the market equilibrium for lcd tvs?

Define the marginal rate of substitution between two goods (x and y). if a consumer’s preferences are given by u(x,y) = x3/4y1/4, compute the consumer’s marginal rate of substitution as a function of x and y. calculate the mrs if the consumer has chosen to consumer 48 units of x and 16 units of y. show your work. (use the back of the page if necessary.

Uknow what i love about i ask a dumb question it is immediately answered but when i ask a real question it take like an hour to get answered