« previous next »

Author Question: The slope of a budget constraint represents: A) the price of the good measured along the ... (Read 70 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
on: Jun 29, 2018
The slope of a budget constraint represents:
 
  A) the price of the good measured along the horizontal axis.
  B) the price of the good measured along the vertical axis.
  C) the opportunity cost of one good in terms of another.
  D) the money income of the consumer.

Question 2

The figure above shows a natural monopoly that the government must regulate. Which of the following pairs most likely results in similar outcomes?
 
  A) marginal cost pricing and rate of return regulation
  B) marginal cost pricing and a two-part tariff
  C) average cost pricing and rate of return regulation
  D) predatory pricing and price caps
  E) marginal cost pricing and price cap regulation


dawsa925

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

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?

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 about to have surgery must tell their health care providers about all supplements they take.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

The actions of Frzb and the Frizzled receptor protein show how embryonic development represents a ba The actions of Frzb and the Frizzled receptor protein show how embryonic development represents a ba
Jet streams and Earth’s heat budget Jet streams and Earth’s heat budget
Good contact feels full, confident, and deliberate and establishes a warm connection between massage ... Good contact feels full, confident, and deliberate and establishes a warm connection between massage ...
Slope Fire Slope Fire
Particles measured, 1970 - 2008 and Trend in Organic Compound 1990 - 2007 Particles measured, 1970 - 2008 and Trend in Organic Compound 1990 - 2007
Peanut butter is good source of protein Peanut butter is good source of protein
Video: How a Urinalysis is Performed

For a complete list of videos, visit our video library