The magnitude of the slope of the budget line measures the
A) opportunity cost of the good on the horizontal axis in terms of the good on the vertical axis.
B) opportunity cost of the good on the vertical axis in terms of the good on the horizontal axis.
C) price elasticity of demand.
D) price elasticity of supply.
Question 2
You are in the business of producing and selling hamburgers, french fries, pizza, and ice cream. The mayor plans to impose a tax on one of these products.
Based on the elasticities in the above table, as a profit-minded business person who seeks to avoid taxes whenever possible, which good would you least like to have taxed? A) hamburgers
B) pizza
C) French fries
D) ice cream
Gestalt Law of Good Continuation
Dried fruits are good source of sulfur
Kidney beans, steak, and iron-fortified bread and cereal are good sources of iron
Calculate the magnitude and direction of the resultant for
The forked-line method for determining gamete genotype frequency
High in the Andes, a scientist measures the stride of a carnivorous dinosaur