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 113 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
Thanks for the timely response, appreciate it


peter

  • Member
  • Posts: 330
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

For a complete list of videos, visit our video library