This topic contains a solution. Click here to go to the answer

Author Question: Refer to the figure above. A change in the budget constraint from B2 to B3 indicates: A) a ... (Read 80 times)

Mr3Hunna

  • Hero Member
  • *****
  • Posts: 536
Refer to the figure above. A change in the budget constraint from B2 to B3 indicates:
 
  A) a decrease in the price of jeans.
  B) a decrease in the price of sweaters.
  C) an increase in the consumer's income.
  D) a decrease in the consumer's income.

Question 2

Christine works as a receptionist in an office. She is not supposed to use the Wi-Fi connection provided by the company to access social-networking Web sites.
 
  However, she often uses the Wi-Fi to access these Web sites because her browsing activities are not monitored by her employer. This is an example of ________. A) adverse selection
  B) moral hazard
  C) a positive externality
  D) a free-rider problem



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

polinasid

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

C

Answer to Question 2

B




Mr3Hunna

  • Member
  • Posts: 536
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

For a complete list of videos, visit our video library