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

Author Question: The figure above shows Sam's budget line. Why will Sam not purchase 36 gallons of gasoline and 4 ... (Read 34 times)

Themember4

  • Hero Member
  • *****
  • Posts: 538
on: Jun 29, 2018
The figure above shows Sam's budget line. Why will Sam not purchase 36 gallons of gasoline and 4 pounds of coffee?
 
  A) because he does not like this combination
  B) because this combination does not contain enough coffee to satisfy him
  C) because this combination contains more gasoline than his gasoline tank will hold
  D) because he cannot afford this combination

Question 2

The table above shows Tom's total utility from milkshakes and sodas. Tom's total budget for milkshakes and sodas is 20.00 per week. Milkshakes cost 2.00 each and sodas cost 1.00 each. What is Tom's total utility at his consumer equilibrium?
 
  A) 1900 units
  B) 2155 units
  C) 2266 units
  D) 2278 units


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zacnyjessica

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


Themember4

  • Member
  • Posts: 538
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

marict

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

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

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

The Movius line separates regions of the world where Acheulean hand axes were made from regions wher The Movius line separates regions of the world where Acheulean hand axes were made from regions wher
Results from sequential study of two cohorts tested at three ages and at three different points in t Results from sequential study of two cohorts tested at three ages and at three different points in t
If you want to show differences between items at the same time, a bar graph is more effective than a If you want to show differences between items at the same time, a bar graph is more effective than a
Self-crossing F2 plants to produce an F3 generation shows that there are two different genotypes amo Self-crossing F2 plants to produce an F3 generation shows that there are two different genotypes amo
A bell-shaped, or “normal,” curve shows the distribution of phenotypes for traits controlled by ... A bell-shaped, or “normal,” curve shows the distribution of phenotypes for traits controlled by ...
Number line (5 - 1) Number line (5 - 1)
Video: hGH, Thyroid hormones & Aldosterone

For a complete list of videos, visit our video library