This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The intuition behind the budget constraint is that A) more options are preferred to less. B) ... (Read 5 times)

TFauchery

  • Hero Member
  • *****
  • Posts: 500
on: Jul 1, 2018
The intuition behind the budget constraint is that
 
  A) more options are preferred to less.
  B) money is the root of all happiness.
  C) information is power.
  D) scarcity is avoidable with prosperity.

Question 2

If a consumer's budget line for food (F) and shelter (S) is represented as F = 250 - 5S, we know that
 
  A) the consumer's income is 250.
  B) the price of shelter is 5.
  C) the price of shelter is 5 times the price of food.
  D) All of the above.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Danny Ewald

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jul 1, 2018
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.
Answer Preview
Only 29% of students answer this correctly


TFauchery

  • Member
  • Posts: 500
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

robbielu01

  • Member
  • Posts: 336
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Energy budget for a temperate deciduous forest (data from Gosz et al. 1978). Energy budget for a temperate deciduous forest (data from Gosz et al. 1978).
Technology Gives Us Options with Different Environmental Consequences Technology Gives Us Options with Different Environmental Consequences
Constraint-Induced Movement Therapy Constraint-Induced Movement Therapy
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
Create a soapy lather with the hands and spread the soap up to the elbows. Liquid soap is preferred. ... Create a soapy lather with the hands and spread the soap up to the elbows. Liquid soap is preferred. ...
Sample budget spreadsheet form for first year of business. Sample budget spreadsheet form for first year of business.
Video: Coaductile pathway, Timing of contraction signal & Conduction system and ECG

For a complete list of videos, visit our video library