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Author Question: If the amount you owe on your house is less than the price of the house, you have A) positive ... (Read 160 times)

audragclark

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on: Jun 29, 2018
If the amount you owe on your house is less than the price of the house, you have
 
  A) positive equity in your house. B) an adjustable-rate mortgage on your house.
  C) a reverse mortgage on your house. D) negative equity in your house.

Question 2

Refer to Table 4-2. The table above lists the highest prices five consumers are willing to pay for a theater ticket. If the price of one of the tickets is 10
 
  A) only Anya and Basil will buy tickets.
  B) Celeste's consumer surplus is 25.
  C) the total consumer surplus from the purchase of tickets will be 61.
  D) everyone will buy a ticket except for Esther.


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lgoldst9

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


audragclark

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Reply 2 on: Jun 29, 2018
Excellent

dantucker

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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