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Give details that why an Indifference Curve is not concave?
Because of diminishing marginal rate of substitution, which is the principle that the more of one good a consumer has, the more they are willing to give up for an additional unit of the other good. Therefore the indifference curve must get flatter as we go along it
Can marginal rate of substitution may increase or decrease in absolute value as one moves southeast along an indifference curve depending upon whether the substitution or income effect is dominant?
Indifference curves are downward sloping (negative slope) - therefore they are flatter towards the south east. the marginal rate of substitution is defined as the amount of good y (along the y axis) that is necessary to substitute for 1 good x (along the x axis) so that the effective bundle (or utility) remains the same. In effect the MRS is the slope of the indifference curve at a particular point. Therefore, MRS decreases as you move southeast along an indifference curve.
What will make the IS curve flatter?
The IS curve will become flatter when there is an increase in the sensitivity of investment to changes in interest rates. This can occur due to factors such as greater access to credit, increased business confidence, or more responsive consumer spending. Additionally, if the economy has a higher level of financial innovation or lower interest rate volatility, these conditions can also contribute to a flatter IS curve, indicating that shifts in interest rates have a more pronounced effect on output.
What are the ways in which today's business organizations in the US differ from those a century ago?
There are: Creative Freedom, Competitive Work Teams, and a flatter organizations
What is the relationship between net exports and GDP?
The relationship between ne exposts and GDP makes the slope of the ae curve flatter than it would be otherwise
Why does increasing the size of the interval used in the vertical scale of a line graph make the line seem flatter?
increasing the interval would decreasing the degrees of accuracy of the graph, optically the line seem flatter
How do you flatter a king or queen?
You flatter them with an esteem roller
What role does heat play in bread making?
The heat increases the yeast production making it rise and be fluffy. The less yeast you put in the flatter the bread will be.
What is flatter than a fritter?
A crepe is flatter than a fritter.
How does the words fifteen and flatter alike?
How is is fifteen and flatter alike
When was Ron Flatter born?
Ron Flatter was born in 1959.
What is a sentence with the word flatter?
Keizuru examined herself in the mirror. She loved the color of the dress, but she though that the cut didn't flatter her body.
Give details that why an Indifference Curve is not concave?
Because of diminishing marginal rate of substitution, which is the principle that the more of one good a consumer has, the more they are willing to give up for an additional unit of the other good. Therefore the indifference curve must get flatter as we go along it
How would you use the word flatter in a sentence?
Flatter is a verb that means to give excessive or insincere praise. It can be used in the following possible sentences:I hate it when people flatter me.The man wanted to go on a date, so decided to flatter the woman.Sometimes a man will flatter his wife so that she won't get mad.
How do you spell flatter?
That is the correct spelling of "flatter" (to praise in an extravagant way).
What are the characteristics of the FlipFold products?
"FlipFold" products enable the user to fold their garments, ready for storage, without creasing. The products also allow the user to fold the garment much flatter, increasing space.
What rhymes with platter?
Flatter, matter, batter, splatter etc Flatter, matter, batter, splatter etc
