« previous next »

Author Question: Lizzie's budget line is shown in the figure above. The relative price of a cookie is ________ per ... (Read 145 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
on: Jun 29, 2018
Lizzie's budget line is shown in the figure above. The relative price of a cookie is ________ per cookie.
 
  A) 2 magazines
  B) 0.5 of a magazine
  C) 1
  D) 2

Question 2

The table above gives Jane's total utility from magazines and CDs. The price of a magazine is 4 and the price of a CD is 10 and Jane's budget is 88. What is Jane's total utility when she maximizes her utility?
 
  A) 70 units
  B) 1516 units
  C) 2536 units
  D) 2586 units


smrerig

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
Reply #2 on: Jun 29, 2018
Thank you :)


smrerig

  • Sr. Member
  • ****
  • Posts: 325
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

A Mediterranean woodland in California shown during the cool moist season, when the herbaceous veget A Mediterranean woodland in California shown during the cool moist season, when the herbaceous veget
The Movius line separates regions of the world where Acheulean hand axes were made from regions wher The Movius line separates regions of the world where Acheulean hand axes were made from regions wher
Label the four mutated DNA segments shown below according to the type of point mutation each ... Label the four mutated DNA segments shown below according to the type of point mutation each ...
How to graph line equations without a table of values How to graph line equations without a table of values
The RecA strand exchange reaction as shown from single-molecule studies The RecA strand exchange reaction as shown from single-molecule studies
Find an equation of the tangent line to the graph of f(x) = sqrt(x) / (x+1) at the point x=1 Find an equation of the tangent line to the graph of f(x) = sqrt(x) / (x+1) at the point x=1
Video: How to make cDNA Animation

For a complete list of videos, visit our video library