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

Author Question: Which of the following will possibly cause a leftward shift in the production possibility curve, ... (Read 43 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
on: Jun 30, 2018
Which of the following will possibly cause a leftward shift in the production possibility curve, representing good X and good Y?
 a. A decrease in a country's GDP
 b. An increase in the price of good X
  c. An increase in the price of good Y
  d. A decrease in the price of good Y
  e. A decrease in the price of good X

Question 2

For Brent, if the marginal utility of sleeping an extra hour, from 8 a.m. to 9 a.m., is negative:
 a. Brent is better off getting up at 8 a.m. or earlier.
 b. Brent is better off getting up at 9 a.m.
 c. Brent's total utility from sleeping must be negative.
 d. Brent's average utility from every hour he sleeps must be negative.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nothere

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

a


CBme

  • Member
  • Posts: 548
Reply 2 on: Jun 30, 2018
Excellent

strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Production efficiency. Production efficiency.
Oxygen dissociation curve Oxygen dissociation curve
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
Skin lifting techniques. (A) Basic skin lifting. (B) Lifting with directional shift. (C) Skin ... Skin lifting techniques. (A) Basic skin lifting. (B) Lifting with directional shift. (C) Skin ...
Production and Prices in Richland and Poorland Production and Prices in Richland and Poorland
Production of ATP in Skeletal Muscle Production of ATP in Skeletal Muscle
Video: Structures that affect circulation - kidneys and blood volume and skeletal muscle pumping

For a complete list of videos, visit our video library