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Author Question: The graph shows Jeanne's budget line. When the price of a smoothie is $4 and the price of a cup of ... (Read 569 times)

D2AR0N

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on: May 24, 2019



The graph shows Jeanne's budget line.  When the price of a smoothie is $4 and the price of a cup of coffee is $2, which of the following is true?
i.The slope of the budget line is 2 smoothies per cup of coffee.
ii.The opportunity cost of a smoothie is 2 cups of coffee.
iii.The relative price of a smoothie is 2 cups of coffee.

◦ ii and iii only
◦ i only
◦ i, ii and iii
◦ i and iii
◦ iii only
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by D2AR0N on May 24, 2019

adf223

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Reply #1 on: May 24, 2019
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.
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D2AR0N

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

skipfourms123

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Reply 3 on: Yesterday
Excellent

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