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Author Question: Helping the poor is not necessarily the same thing as promoting greater equality. a. True b. ... (Read 115 times)

Frost2351

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on: Jul 1, 2018
Helping the poor is not necessarily the same thing as promoting greater equality.
 
  a. True b. False

Question 2

Max has allocated 100 toward meats for his barbecue. His budget line and an indifference map are shown in the above figure. What happens if Max's mother gives him 10 pounds of burger?
 
  A) Max would have preferred receiving the dollar value of the burger.
  B) Max is indifferent between this gift and the dollar value of the burger.
  C) Max prefers this gift to the dollar value of the burger.
  D) None of the above.


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debra928

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

B


Frost2351

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

xthemafja

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Reply 3 on: Yesterday
Excellent

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