« previous next »

Author Question: A household's consumption choices cannot exceed limits created by A) only the household's income. ... (Read 95 times)

jake

  • Hero Member
  • *****
  • Posts: 538
on: Jun 29, 2018
A household's consumption choices cannot exceed limits created by
 
  A) only the household's income.
  B) only the prices of the goods and services that it buys.
  C) both the household's income and the prices of the goods and services that it buys.
  D) neither the household's income nor the prices of the goods and services that it buys.

Question 2

The figure above shows the demand for and supply of labor of students in Smallville. If the minimum wage is set at 4 per hour, how many hours do students work?
 
  A) 12,000 hours
  B) 9,000 hours
  C) 6,000 hours
  D) None of the above answers is correct.


mcni194

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

China’s 8% annual increase in oil consumption China’s 8% annual increase in oil consumption
Worldwide Variations in Population and Income Levels Worldwide Variations in Population and Income Levels
The risk of dying before the age of 65 gets lower as family income gets higher. The risk of dying before the age of 65 gets lower as family income gets higher.
Ten Leading Causes of Death in Low-Income Countries, 2008 Ten Leading Causes of Death in Low-Income Countries, 2008
How to evaluate limits using algebra and the limit laws How to evaluate limits using algebra and the limit laws
calculus limits help calculus limits help
Video: Neuron structure and function - sensory neurons, association neurons & motor neurons

For a complete list of videos, visit our video library