This topic contains a solution. Click here to go to the answer

Author Question: The intuition behind the budget constraint is that A) more options are preferred to less. B) ... (Read 38 times)

TFauchery

  • Hero Member
  • *****
  • Posts: 500
The intuition behind the budget constraint is that
 
  A) more options are preferred to less.
  B) money is the root of all happiness.
  C) information is power.
  D) scarcity is avoidable with prosperity.

Question 2

If a consumer's budget line for food (F) and shelter (S) is represented as F = 250 - 5S, we know that
 
  A) the consumer's income is 250.
  B) the price of shelter is 5.
  C) the price of shelter is 5 times the price of food.
  D) All of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Danny Ewald

  • Sr. Member
  • ****
  • Posts: 332
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




TFauchery

  • Member
  • Posts: 500
Reply 2 on: Jul 1, 2018
Excellent


pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

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?

The familiar sounds of your heart are made by the heart's valves as they open and close.

For a complete list of videos, visit our video library