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

Author Question: The figure above shows Ilene's budget line. If Ilene's income rises, her budget line will A) ... (Read 163 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
on: Jun 29, 2018
The figure above shows Ilene's budget line. If Ilene's income rises, her budget line will
 
  A) rotate and become flatter.
  B) rotate and become steeper.
  C) shift rightward and its slope will not change.
  D) shift leftward and its slope will not change.

Question 2

Marginal cost is the increase in total ________ that results from a one-unit increase in ________.
 
  A) fixed cost; the fixed input
  B) cost; output
  C) variable cost; the variable input
  D) fixed cost; output


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

al

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


jc611

  • Member
  • Posts: 552
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

xthemafja

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

The distribution of cones and rods over the human retina. The figure illustrates the number of cones ... The distribution of cones and rods over the human retina. The figure illustrates the number of cones ...
Human Figure Human Figure
Figure and Ground Figure and Ground
For the circuit in Figure 1, assume ideal diodes. The peak inverse voltage is approximately For the circuit in Figure 1, assume ideal diodes. The peak inverse voltage is approximately
Waiting in line for a photocopier Waiting in line for a photocopier
Number line (real numbers) Number line (real numbers)
Video: Glomerubular filtrate rate -pressures that affect GFR and net filtration pressure

For a complete list of videos, visit our video library