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Author Question: The lower the price of the good measured on the vertical axis, other thing remaining the same, the ... (Read 42 times)

tichca

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on: Jun 29, 2018
The lower the price of the good measured on the vertical axis, other thing remaining the same, the flatter the budget line.
 
  Indicate whether the statement is true or false

Question 2

If Bianca earns 5 percent on her wealth and that income amounts to 40,000, what is Bianca's wealth?
 
  What will be an ideal response?


lindahyatt42

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Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

Bianca's wealth is 800,000.


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tichca

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Reply #2 on: Jun 29, 2018
Thank you :)


lindahyatt42

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Reply #3 on: Jun 29, 2018
Happy to help you


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