This topic contains a solution. Click here to go to the answer

Author Question: Consumers' preferences are represented by A) budget lines. B) indifference curves. C) relative ... (Read 97 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
Consumers' preferences are represented by
 
  A) budget lines.
  B) indifference curves.
  C) relative prices.
  D) household income.

Question 2

Outlawing the sale of a good shifts the supply curve
 
  A) leftward and lowers the price.
  B) leftward and raises the price.
  C) rightward and lowers the price.
  D) rightward and raises the price.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zogaridan

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

B

Answer to Question 2

B




Marty

  • Member
  • Posts: 553
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

For a complete list of videos, visit our video library