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Author Question: The intuition behind the budget constraint is that A) more options are preferred to less. B) ... (Read 34 times)

TFauchery

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on: Jul 1, 2018
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.
Microeconomics ¦ Perloff ¦ 8th Edition
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Danny Ewald

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Reply #1 on: Jul 1, 2018
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.
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TFauchery

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

xthemafja

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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