« previous next »

Author Question: A household's consumption choices cannot exceed limits created by A) only the household's income. ... (Read 113 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?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

The Nutrient Fact Panel on the food label can help consumers make smart nutrition choices The Nutrient Fact Panel on the food label can help consumers make smart nutrition choices
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Household Income in the United States by Quintiles, 2009 Household Income in the United States by Quintiles, 2009
Capital’s Share of Income in a Cross-Section of Countries Capital’s Share of Income in a Cross-Section of Countries
Computing Limits Problems Computing Limits Problems
calculus limits help calculus limits help
Video: Types of antimicrobial substances (interferons & complement protein)

For a complete list of videos, visit our video library