This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A consumer buys food (F) and shelter (S). If the consumer's income rises and there is no change in ... (Read 63 times)

torybrooks

  • Hero Member
  • *****
  • Posts: 500
on: Jul 1, 2018
A consumer buys food (F) and shelter (S). If the consumer's income rises and there is no change in the prices of F or S, the marginal rate of transformation of F for S will
 
  A) increase.
  B) decrease.
  C) stay the same.
  D) change, but there is not enough information to know how.

Question 2

If the prices of both goods and income increase by the same percentage, what will happen to the budget line?
 
  A) The budget line rotates inward from the intercept on the axis of the good that did not change in price.
  B) The budget line rotates outward from the intercept on the axis of the good that did not change in price.
  C) The budget line shifts outward without a change in slope.
  D) Nothing.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zhanghao

  • Sr. Member
  • ****
  • Posts: 316
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.
Answer Preview
Only 25% of students answer this correctly


torybrooks

  • Member
  • Posts: 500
Reply 2 on: Jul 1, 2018
Wow, this really help

Animal_Goddess

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Role of CD23 on epithelial cells in the pathogenesis of food allergic disease. Role of CD23 on epithelial cells in the pathogenesis of food allergic disease.
Age and Grammatical Knowledge The challenge of learning a second language rises with age. Source: J Age and Grammatical Knowledge The challenge of learning a second language rises with age. Source: J
Anxiety rises as needs are not met. Without resolution, anxiety may lead to frustration, and then, ... Anxiety rises as needs are not met. Without resolution, anxiety may lead to frustration, and then, ...
How to solve any percent change problem How to solve any percent change problem
Sugar: Finding Added Sugars on the Label A food Sugar: Finding Added Sugars on the Label A food
Food Sources When it comes to meeting your vitamin K needs, think green Food Sources When it comes to meeting your vitamin K needs, think green
Video: Interview with an Anorexic Woman (Part 1 of 2)

For a complete list of videos, visit our video library