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Author Question: In the figure above, an increase in income would result in the budget line A) making a parallel ... (Read 79 times)

plus1

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on: Jun 29, 2018
In the figure above, an increase in income would result in the budget line
 
  A) making a parallel shift toward point a.
  B) making a parallel shift toward point c.
  C) becoming flatter.
  D) becoming steeper.

Question 2

If an external cost exists, then who bears the external cost in an unregulated competitive market transaction?
 
  A) nobody
  B) the federal government
  C) someone other than the producers
  D) the buyers of the product


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JCABRERA33

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


plus1

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Reply 2 on: Jun 29, 2018
Gracias!

bdobbins

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Reply 3 on: Yesterday
Excellent

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