If penalties are imposed only on buyers (but not on sellers) of ...

[oliviahorn72]

If penalties are imposed only on buyers (but not on sellers) of marijuana, the equilibrium price of marijuana ________, and the equilibrium quantity of marijuana sold ________.
 
  A) rise; increase
  B) rise; decrease
  C) fall; increase
  D) fall; decrease

Question 2

The combinations of gasoline and coffee along one of Sam's indifference curves are combinations
 
  A) which require the same total expenditure.
  B) that he can afford with his 60.00 income.
  C) among which he is indifferent.
  D) that give him the same marginal rate of substitution.

[Kimmy]

Answer to Question 1

D

Answer to Question 2

C

[oliviahorn72]

YES! Correct, THANKS for helping me on my review

[matt95]

Thanks for the timely response, appreciate it