« previous next »

Author Question: A household's consumption choices cannot exceed limits created by A) only the household's income. ... (Read 67 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?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

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?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Sample Menu: Carb Choices Sample Menu: Carb Choices
Many Factors Influence Your Food Choices Many Factors Influence Your Food Choices
How the Return to Education Affects the Distribution of Income How the Return to Education Affects the Distribution of Income
Effect of an Exogenous Shift in Income Effect of an Exogenous Shift in Income
Income per Capita versus Total Fertility Rate Income per Capita versus Total Fertility Rate
calculus limits help calculus limits help
Video: Introduction to Dysrhythmia

For a complete list of videos, visit our video library