An increase in the price of aninferior goodwill increase the demand for that good if the substitution effect dominates the income effect.

True

False

In the market for pineapple.the demand curve is downward slopingand the supply curve is horizontal. The market is currently at equilibrium. If a per unit tax is imposed on pineapple, the burden of the tax is heavier for consumers.

True

False

Luna has an indifference curve with equationx₂=25 -4x₁.When Luna is consuming the bundle (2,6),her marginal rate of substitution is 4

True

False