Y6

Question 26 (3 points) Listen If a consumer is buying only goods A and B, then he or she will be in equilibrium when MU. = MU.. True OFalse Question 27 (3 points) Listen The demand for a good or service is derived from the demand for the resource used to produce the good or service. True False Question 28 (3 points) Listen When economic profits exist in a perfectly competitive market, the entry of firms will eventually cause the price of the good to increase. True False