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

Author Question: Joe's budget constraint equals 500 = 2F + 100S, where 500 is Joe's income, 2 is the price of food ... (Read 90 times)

Bernana

  • Hero Member
  • *****
  • Posts: 530
on: Jul 1, 2018
Joe's budget constraint equals 500 = 2F + 100S, where 500 is Joe's income, 2 is the price of food (F) and 100 is the price of shelter (S). How much food can Joe buy if he buys one unit of shelter?
 
  A) 2 units
  B) 200 units
  C) 250 units
  D) 400 units

Question 2

Joe's income is 500, the price of food (F) is 2 per unit, and the price of shelter (S) is 100. Which of the following represents his budget constraint?
 
  A) 500 = 100F + 2S
  B) 500 = 2F + 100S
  C) S = 500 - 2F
  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

asdfasdf

  • Sr. Member
  • ****
  • Posts: 339
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 30% of students answer this correctly


Bernana

  • Member
  • Posts: 530
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

food web food web
Gross food? Or an American MASTERPIECE? Gross food? Or an American MASTERPIECE?
Selected Minerals: Food Sources, Functions, and Deficiency and Toxicity Symptoms (continued) Selected Minerals: Food Sources, Functions, and Deficiency and Toxicity Symptoms (continued)
Relationship between Income Inequality and the Desired Tax Rate Relationship between Income Inequality and the Desired Tax Rate
Price of Computers, 1982–2010 Price of Computers, 1982–2010
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: Interview with Person who has Panic Attacks

For a complete list of videos, visit our video library