« previous next »

Author Question: If both prices decreases by 50, A) budget constraint will be unchanged. B) slope of the budget ... (Read 73 times)

karateprodigy

  • Hero Member
  • *****
  • Posts: 550
on: Jul 1, 2018
If both prices decreases by 50,
 
  A) budget constraint will be unchanged.
  B) slope of the budget constraint will increase.
  C) slope of the budget constraint will decrease.
  D) budget constraint will shift outward in a parallel fashion.

Question 2

If both prices increases by 50,
 
  A) budget constraint will be unchanged.
  B) slope of the budget constraint stay the same.
  C) slope of the budget constraint will decrease.
  D) budget constraint will shift outward in a parallel fashion.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


dantucker

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

karateprodigy

  • Hero Member
  • *****
  • Posts: 550
Reply #2 on: Jul 1, 2018
Thank you :)


dantucker

  • Sr. Member
  • ****
  • Posts: 346
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Slope Failure and Lithology Slope Failure and Lithology
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
The energy budget The energy budget
Natural Resource Prices, 1850–2010 Natural Resource Prices, 1850–2010
Production and Prices in Richland and Poorland Production and Prices in Richland and Poorland
Video: Hierarchical Sequencing Method - Sequence Tagged Sites

For a complete list of videos, visit our video library