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Author Question: Assume you have an income of 200 and you can only purchase two goods good A and good B. If the ... (Read 71 times)

mynx

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Assume you have an income of 200 and you can only purchase two goods  good A and good B.
 
  If the price of good A and B are 1 and 2 how much of each good can purchase? Assume that the price of good A falls why would you now consider not only consuming more of good A but also more of good B? What's going on that might cause this behavioral response?

Question 2

The cost borne by a producer in the production of a good or service is called
 
  A) internal cost. B) social cost. C) public cost. D) private cost.


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cloud

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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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mynx

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


okolip

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

 

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