Author Question: When your income increases A) your budget line shifts rightward and its slope does not change. ... (Read 77 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
When your income increases
 
  A) your budget line shifts rightward and its slope does not change.
  B) your budget line shifts leftward and its slope does not change.
  C) the slope of your budget line increases.
  D) the slope of your budget line decreases.

Question 2

The ________ is the cost of paid by the producer plus any cost paid by everyone else when another unit of a good or service is produced.
 
  A) marginal external cost.
  B) marginal private cost.
  C) marginal social cost.
  D) None of the above answers is correct.



Dinolord

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

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.

For a complete list of videos, visit our video library