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

Author Question: Lily is a college student who likes to buy only two goods: Cheetos and Pepsi. To determine Lily's ... (Read 36 times)

PhilipSeeMore

  • Hero Member
  • *****
  • Posts: 561
on: Jun 29, 2018
Lily is a college student who likes to buy only two goods: Cheetos and Pepsi. To determine Lily's budget line, you need to know I. Lily's preferences for Cheetos and Pepsi. II. The prices of Cheetos and Pepsi. III. Lily's income.
 
  A) II only
  B) I and II
  C) II and III
  D) I, II and III

Question 2

The figure above shows the demand for and supply of labor of students in Smallville. If the minimum wage is set at 8 per hour, how many hours do students work?
 
  A) 12,000 hours
  B) 9,000 hours
  C) 6,000 hours
  D) None of the above answers is correct.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

flexer1n1

  • Sr. Member
  • ****
  • Posts: 373
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


PhilipSeeMore

  • Member
  • Posts: 561
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

sultansheikh

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Sample Student Externship Form Sample Student Externship Form
Ratio of College Wages to High-School Wages Ratio of College Wages to High-School Wages
Student Test Scores versus GDP per Capita Student Test Scores versus GDP per Capita
Use a compound angle addition formula to determine an equivalent trig expression for cos(x + ... Use a compound angle addition formula to determine an equivalent trig expression for cos(x + ...
An eager graduate student at Carleton, counts geese in the marshes off the Ottawa river. In ... An eager graduate student at Carleton, counts geese in the marshes off the Ottawa river. In ...
Use of synthetic mRNAs to determine genetic code possibilities Use of synthetic mRNAs to determine genetic code possibilities
Video: ADH and the arterioles, kidneys, sweat glands and the Atrial natriuretic peptide (ANP)

For a complete list of videos, visit our video library