Microeconomics

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If Joshua gets 200 utils from consuming three slices of pizza, 220 utils from consuming four slices ... Started by captainjonesify	1 Replies 203 Views	Jul 20, 2019 by nicoleclaire22
If Maria gets 80 utils from consuming five cookies, 100 utils from consuming six cookies and 120 ... Started by arivle123	3 Replies 74 Views	Jul 20, 2019 by lou
Suppose that Jessica has a fixed income of $100 per month, which she spends entirely on movies and ... Started by bobbie	1 Replies 36 Views	Jul 20, 2019 by chem1s3
Suppose that Helen has $50 to spend. Tacos cost $2 and burritos cost $5. Which of the following ... Started by kfurse	3 Replies 23 Views	Jul 20, 2019 by upturnedfurball
The budget line will shift parallel to the right if: Started by dbose	1 Replies 20 Views	Jul 20, 2019 by momo1250
Suppose that Kelly has a monthly fixed income of $ 1000 and has $200 of her income allocated to buy ... Started by cagreen833	3 Replies 82 Views	Jul 20, 2019 by Brummell1998
Suppose Mario is given a monthly income of $400 to spend on food while at college. Further, suppose ... Started by mikaylakyoung	1 Replies 134 Views	Jul 20, 2019 by johnharpe
Suppose Carolyn is on a fixed monthly income of $200 to spend on food while she is in medical ... Started by asd123	3 Replies 74 Views	Jul 20, 2019 by carojassy25
What set of all possible combinations does the budget line show? Started by s.tung	1 Replies 51 Views	Jul 20, 2019 by juicepod
Suppose Jackie can buy either video games or DVDs. If the prices of both goods double, and Jackie's ... Started by tfester	3 Replies 262 Views	Jul 20, 2019 by izzat
What is the consumer budget line? Started by sarasara	1 Replies 26 Views	Jul 20, 2019 by javimendoza7
Which of the following statements about consumer choice theory is TRUE? Started by james0929	3 Replies 87 Views	Jul 20, 2019 by Jmfn03
What is a deadweight loss or tax burden associated with a tax? Started by mpobi80	1 Replies 18 Views	Jul 20, 2019 by dmurph1496
When do consumers bear the larger share of a tax? Started by Jramos095	3 Replies 15 Views	Jul 20, 2019 by fatboyy09
Consumers pay the part of a tax associated with a higher price for the product. Started by natalie2426	1 Replies 30 Views	Jul 20, 2019 by Viet Thy
If the market for a good consists of a downward sloping demand curve and a vertical supply curve, ... Started by notis	3 Replies 33 Views	Jul 20, 2019 by mistyjohnson
If demand is inelastic, and the government decides to raise the tax on water. Then the price for ... Started by NguyenJ	1 Replies 23 Views	Jul 20, 2019 by EAN94
If demand is elastic, and the government decides to raise the tax on new cars. Then the price for ... Started by tnt_battle	3 Replies 36 Views	Jul 20, 2019 by carojassy25
Given the slope of a supply curve, if a demand curve becomes more price elastic: Started by drink	1 Replies 52 Views	Jul 20, 2019 by emsimon14
Suppose that televisions are produced both domestically and abroad. What would a ban on imported ... Started by joe	3 Replies 45 Views	Jul 20, 2019 by juiceman1987
An import ban on sugar decreases the price of sugar, decreases the quantity of sugar, and increases ... Started by @Brianna17	1 Replies 59 Views	Jul 20, 2019 by bd5255
With a quantity restriction , the total surplus of the market increases. On the contrary, with the ... Started by theo	3 Replies 30 Views	Jul 20, 2019 by uniquea123
An import ban on shrimp increases the price of shrimp, decreases the quantity of shrimp, and ... Started by drink	1 Replies 103 Views	Jul 20, 2019 by Dunkey
There are losers and winners from a taxi medallion policy. The losers are consumers and the winners ... Started by bb	3 Replies 62 Views	Jul 20, 2019 by diesoon
If the government imposes a quantity restriction on how many shoes can be imported into a country, ... Started by vicky	1 Replies 25 Views	Jul 20, 2019 by xthemafja