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In Wisconsin, if there is an excess supply of milk, the problem of scarcity does not apply to milk. True O False Question 10 2

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In Wisconsin, if there is an excess supply of milk, the problem of scarcity does not apply to milk. True O False Question 10 2 pts Assume that John spends his entire budget only on two goods, frozen pizza and ramen noodles. Can both goods, frozen pizza and ramen noodles, be inferior? Answer: Depends on John's budget Question 11 2 pts If Madison city council enacts a new tax law such that the rich pay more in taxes than the poor, the tax system must be progressive. True O False

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