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

Author Question: Mary has 10 to spend each week on coffee, Qc and magazines, Qm. The price of a coffee is 1, and the ... (Read 84 times)

j.rubin

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
Mary has 10 to spend each week on coffee, Qc and magazines, Qm. The price of a coffee is 1, and the price of a magazine is 2. Mary's budget equation is ________.
 
  A) Qm = 10 - Qc
  B) Qm + Qc = 20
  C) 1  Qc + 2  Qm = 10
  D) Qm = 10 - 2  Qc

Question 2

An external benefit is a benefit that ________.
 
  A) is enjoyed by someone other than the buyer of a good
  B) always equals external cost
  C) experiences increasing marginal returns
  D) is greatest at the equilibrium point


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fromAlphatoOmega22

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


j.rubin

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Male killer whale depicted in St Mary's in Greifswald, Germany, 1545 Male killer whale depicted in St Mary's in Greifswald, Germany, 1545
Week by week fetus growth Week by week fetus growth
Embryonic Period - 12th week Embryonic Period - 12th week
Embryonic Period - 7th week Embryonic Period - 7th week
The net price of an article is $79.84. What is the list price if a discount of 23% was allowed? The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?
Custard Dessert With Coffee Custard Dessert With Coffee
Video: Red alga life cycle Animation

For a complete list of videos, visit our video library