« previous next »

Author Question: Advertising reduces the cost of obtaining a commodity by saving the time spent searching for price ... (Read 133 times)

krzymel

  • Hero Member
  • *****
  • Posts: 548
on: Jun 30, 2018
Advertising reduces the cost of obtaining a commodity by saving the time spent searching for price quotes and other information related to this commodity.
  Indicate whether the statement is true or false

Question 2

If MUX / PX < MUY / PY then this consumer:
 a. will buy less of X and more of Y.
  b. will buy more of X and more of Y.
  c. is in equilibrium.
  d. will buy more of X and less of Y.
  e. will buy less of X and less of Y.


kingfahad97

  • Sr. Member
  • ****
  • Posts: 308
Reply #1 on: Jun 30, 2018
Answer to Question 1

T

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Bronfenbrenner’s model of the ecological-systems approach to studying development. He suggested that Bronfenbrenner’s model of the ecological-systems approach to studying development. He suggested that
A sidewheeler on the Mississippi. In 1856 Samuel Clemens became an apprentice to a steamboat pilot a A sidewheeler on the Mississippi. In 1856 Samuel Clemens became an apprentice to a steamboat pilot a
A finger-stick is useful for obtaining small amounts of blood. A finger-stick is useful for obtaining small amounts of blood.
Earth scientists have devised a scheme to divide the planet’s natural history into distinct time ... Earth scientists have devised a scheme to divide the planet’s natural history into distinct time ...
Accumulation of toxicants over time and up the food chain Accumulation of toxicants over time and up the food chain
Disitive Time For Meat Disitive Time For Meat
Video: Introduction to Diabetes

For a complete list of videos, visit our video library