« previous next »

Author Question: Lizzie's budget line is shown in the figure above. The relative price of a cookie is ________ per ... (Read 130 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
on: Jun 29, 2018
Lizzie's budget line is shown in the figure above. The relative price of a cookie is ________ per cookie.
 
  A) 2 magazines
  B) 0.5 of a magazine
  C) 1
  D) 2

Question 2

The table above gives Jane's total utility from magazines and CDs. The price of a magazine is 4 and the price of a CD is 10 and Jane's budget is 88. What is Jane's total utility when she maximizes her utility?
 
  A) 70 units
  B) 1516 units
  C) 2536 units
  D) 2586 units


smrerig

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
Reply #2 on: Jun 29, 2018
Thank you :)


smrerig

  • Sr. Member
  • ****
  • Posts: 325
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Methods to Document Peripheral Pulses A. Stick Figure Peripheral Pulse Documentation B. Tabular Peri Methods to Document Peripheral Pulses A. Stick Figure Peripheral Pulse Documentation B. Tabular Peri
Relation between form, particular objects, and images in Plato’s Line. Relation between form, particular objects, and images in Plato’s Line.
Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages
Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages
A single cylinder is shown at the top and a four-cylinder engine at the bottom. A single cylinder is shown at the top and a four-cylinder engine at the bottom.
Relative levels of neuronal loss in HD transgenic mice Relative levels of neuronal loss in HD transgenic mice
Video: Lipid absorption - end products & transport mechanism

For a complete list of videos, visit our video library