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Author Question: A car owner who has agreed to sell his old car to a buyer at a contracted price will be unable to ... (Read 95 times)

Metfan725

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A car owner who has agreed to sell his old car to a buyer at a contracted price will be unable to accept the price offered by other prospective buyers due to the _____ constraint.
 a. financial
  b. informational
  c. societal
  d. contractual

Question 2

The different combinations of any two goods that an individual can afford to purchase, given his income and prices, is shown by:
 a. an indifference curve.
  b. an indifference map.
  c. a budget line.
  d. a demand curve.
  e. a supply curve.



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harveenkau8139

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Answer to Question 1

D

Answer to Question 2

c




Metfan725

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


mcabuhat

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

 

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