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

Author Question: Shaniq consumes only magazine and CDs. Her income equals 60 per month. CDs are 12 each and magazines ... (Read 50 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
on: Jun 29, 2018
Shaniq consumes only magazine and CDs. Her income equals 60 per month. CDs are 12 each and magazines are 5 each. What is the equation for her budget line?
 
  A) 60 = Qm + QCD
  B) 60 = 12Qm + 5QCD
  C) 12 = -2Qm + 6
  D) 60 = 12QCD + 5Qm

Question 2

Which of the following can prevent markets from reaching efficiency? I. price regulations that cap the price that may be charged II. increasing marginal cost III. monopoly
 
  A) I only
  B) I and II
  C) II and III
  D) I and III


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Heffejeff

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


Shelles

  • Member
  • Posts: 582
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

xthemafja

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Women who are 65 and older have a lower median income from all sources than men in the same age ... Women who are 65 and older have a lower median income from all sources than men in the same age ...
Regional Variation in Income and Access to the Sea Regional Variation in Income and Access to the Sea
Income per Capita versus Total Fertility Rate Income per Capita versus Total Fertility Rate
Capital’s Share of Income in a Cross-Section of Countries Capital’s Share of Income in a Cross-Section of Countries
Variable and absorption costing, explaining operating-income differences. Variable and absorption costing, explaining operating-income differences.
Video: Stomach peristalsis & Enterogastric reflex

For a complete list of videos, visit our video library