« previous next »

Author Question: The slope of a budget constraint represents: A) the price of the good measured along the ... (Read 71 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
on: Jun 29, 2018
The slope of a budget constraint represents:
 
  A) the price of the good measured along the horizontal axis.
  B) the price of the good measured along the vertical axis.
  C) the opportunity cost of one good in terms of another.
  D) the money income of the consumer.

Question 2

The figure above shows a natural monopoly that the government must regulate. Which of the following pairs most likely results in similar outcomes?
 
  A) marginal cost pricing and rate of return regulation
  B) marginal cost pricing and a two-part tariff
  C) average cost pricing and rate of return regulation
  D) predatory pricing and price caps
  E) marginal cost pricing and price cap regulation


dawsa925

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Pulmonary function test: spirometry. (a) Normal respiratory volumes, as measured during spirometry. Pulmonary function test: spirometry. (a) Normal respiratory volumes, as measured during spirometry.
onions taste good onions taste good
Touch the test light to the negative (–) terminal of the battery or a good engine ground to check ... Touch the test light to the negative (–) terminal of the battery or a good engine ground to check ...
Jet streams and Earth’s heat budget Jet streams and Earth’s heat budget
US federal budget deficit/surplus and debt US federal budget deficit/surplus and debt
"The Department of Agriculture came out today with its prediction for food price "The Department of Agriculture came out today with its prediction for food price
Video: Fetal development - Weeks 9 to 38

For a complete list of videos, visit our video library