« previous next »

Author Question: A household's consumption choices cannot exceed limits created by A) only the household's income. ... (Read 102 times)

jake

  • Hero Member
  • *****
  • Posts: 538
on: Jun 29, 2018
A household's consumption choices cannot exceed limits created by
 
  A) only the household's income.
  B) only the prices of the goods and services that it buys.
  C) both the household's income and the prices of the goods and services that it buys.
  D) neither the household's income nor the prices of the goods and services that it buys.

Question 2

The figure above shows the demand for and supply of labor of students in Smallville. If the minimum wage is set at 4 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.


mcni194

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Relative Energy Consumption per Person for Selected Countries Relative Energy Consumption per Person for Selected Countries
How to evaluate limits using algebra and the limit laws (Part 2) How to evaluate limits using algebra and the limit laws (Part 2)
Making Low-Fat Choices Making Low-Fat Choices
Relationship between Income Inequality and Sociopolitical Instability Relationship between Income Inequality and Sociopolitical Instability
Health and Income per Capita: Two Views Health and Income per Capita: Two Views
Computing Limits Problems Computing Limits Problems
Video: Spinal Cord Injury Animation

For a complete list of videos, visit our video library