This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is a household's real income? What will be an ideal response?[br][br][b][color=gray]Question ... (Read 35 times)

NClaborn

  • Hero Member
  • *****
  • Posts: 560
on: Jun 29, 2018
What is a household's real income?
 
  What will be an ideal response?

Question 2

Perfectly competitive firms will sometimes operate even though they incur an economic loss in the short run.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SAUXC

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 29, 2018
Answer to Question 1

A household's real income is the household's income expressed as a quantity of goods the household can afford to buy. Measured using a budget line, the household's real income is the maximum quantity of the specific goods or services plotted on the budget line.

Answer to Question 2

TRUE


NClaborn

  • Member
  • Posts: 560
Reply 2 on: Jun 29, 2018
Wow, this really help

sailorcrescent

  • Member
  • Posts: 334
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

question asked question asked
How to plot a sine function containing an amplitude and phase-shift (Question 2 of 3) How to plot a sine function containing an amplitude and phase-shift (Question 2 of 3)
Hardy-Weinberg Question P3 Hardy-Weinberg Question P3
Business Math Question Solution Business Math Question Solution
Economics question Economics question
this is a math question this is a math question
Video: Protein Secondary and Tertiary Structures - Animation

For a complete list of videos, visit our video library