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

Author Question: Mary has 10 to spend each week on coffee, Qc and magazines, Qm. The price of a coffee is 1, and the ... (Read 71 times)

j.rubin

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
Mary has 10 to spend each week on coffee, Qc and magazines, Qm. The price of a coffee is 1, and the price of a magazine is 2. Mary's budget equation is ________.
 
  A) Qm = 10 - Qc
  B) Qm + Qc = 20
  C) 1  Qc + 2  Qm = 10
  D) Qm = 10 - 2  Qc

Question 2

An external benefit is a benefit that ________.
 
  A) is enjoyed by someone other than the buyer of a good
  B) always equals external cost
  C) experiences increasing marginal returns
  D) is greatest at the equilibrium point


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fromAlphatoOmega22

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


j.rubin

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
:D TYSM

AmberC1996

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Holy Week in Spain Holy Week in Spain
Holy Week in Spain Holy Week in Spain
Outcome of myocardial infarction. Forty percent of 1-week survivors have late complications ... Outcome of myocardial infarction. Forty percent of 1-week survivors have late complications ...
Embryonic Period - 12th week Embryonic Period - 12th week
An organizational specialist is hired as a consultant to a company planning to open a coffee ... An organizational specialist is hired as a consultant to a company planning to open a coffee ...
graphic(04-40.jpg) Mary pushes horizontally on a large, heavy table which is s graphic(04-40.jpg) Mary pushes horizontally on a large, heavy table which is s
Video: Introduction to Tuberculosis

For a complete list of videos, visit our video library