« previous next »

Author Question: Sasha derives utility from consuming apples and tacos as shown in the table above. Apples cost 1 ... (Read 243 times)

appyboo

  • Hero Member
  • *****
  • Posts: 527
on: Jun 29, 2018
Sasha derives utility from consuming apples and tacos as shown in the table above. Apples cost 1 each and tacos cost 2 each. If Sasha's income is 8, he will consume
 
  A) 4 apples and 2 tacos.
  B) 2 apples and 3 tacos.
  C) 0 apples and 4 tacos.
  D) 3 apples and 3 tacos.

Question 2

If Pepsi decided to raise its price, you would expect the price of Coca Cola
 
  A) to fall.
  B) to raise.
  C) Their prices should have no relationship because Pepsi and Coca Cola are not related.
  D) None of the above answers are correct.


mistyjohnson

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

appyboo

  • Hero Member
  • *****
  • Posts: 527
Reply #2 on: Jun 29, 2018
Thank you :)


mistyjohnson

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes. Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes.
One danger of a wire fence is that, as shown in this photo, it is practically invisible; a running a One danger of a wire fence is that, as shown in this photo, it is practically invisible; a running a
The “Flat Head” (Chinook) Indians acquired their name through shaping in infancy, as shown in a diag The “Flat Head” (Chinook) Indians acquired their name through shaping in infancy, as shown in a diag
Some IAC units are purchased with the housing as shown. Carbon buildup in these passages can cause ... Some IAC units are purchased with the housing as shown. Carbon buildup in these passages can cause ...
periodic table periodic table
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Video: Aneurysm

For a complete list of videos, visit our video library