This topic contains a solution. Click here to go to the answer

Author Question: Suppose Lizzie consumes soda and pizza. If the last bottle of soda she drinks provides 100 units of ... (Read 84 times)

tsand2

  • Hero Member
  • *****
  • Posts: 520
Suppose Lizzie consumes soda and pizza. If the last bottle of soda she drinks provides 100 units of utility per dollar while the last slice of pizza she eats provides 300 units of utility per dollar,
◦ the demand curve for soda must have shifted outward.
◦ the demand curve for pizza must have shifted inward.
◦ Lizzie should buy more pizza and less soda to maximize her utility.
◦ the indifference curve for soda and pizza must have rotated inward.
◦ the marginal rate of substitution between soda and pizza equals 3.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tsand2 on May 24, 2019

janieazgirl

  • Sr. Member
  • ****
  • Posts: 300
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly




tsand2

  • Member
  • Posts: 520
Reply 2 on: May 24, 2019
:D TYSM


amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

For a complete list of videos, visit our video library