« previous next »

Author Question: The slope of an individual's consumption-leisure budget constraint is: a. 24 hours minus the number ... (Read 53 times)

sam.t96

  • Hero Member
  • *****
  • Posts: 570
on: Jul 1, 2018
The slope of an individual's consumption-leisure budget constraint is:
 a. 24 hours minus the number of leisure hours.
  b. total consumption divided by the wage rate.
  c. the real wage rate.
  d. the negative of the real wage rate.

Question 2

US law was recently changed so that some airplane manufacturers are immune from liability from accidents involving their decades old aircraft. As a result
 a. accident rates fell due to less adverse selection
  b. accident rates fell due to less moral hazard
  c. accident rates rose due to less adverse selection
  d. accident rates rose due to less moral hazard


fur

  • Sr. Member
  • ****
  • Posts: 309
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Physiological effects of the accumulation of lactose in the intestines of a lactose-intolerant indiv Physiological effects of the accumulation of lactose in the intestines of a lactose-intolerant indiv
A free-running circadian sleep–wake cycle 25.3 hours in duration. Despite living in an unchanging ... A free-running circadian sleep–wake cycle 25.3 hours in duration. Despite living in an unchanging ...
Per capita annual alcohol consumption (2005) Per capita annual alcohol consumption (2005)
Industrialized nations consumption Industrialized nations consumption
People with normal color vision see the number 29 in the chart; however, those who are color-blind c People with normal color vision see the number 29 in the chart; however, those who are color-blind c
Number writing practice 1-30 kindergarten Number writing practice 1-30 kindergarten
Video: Introduction to Pre-eclampsia

For a complete list of videos, visit our video library