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

Author Question: If an individual has a constant MRS of shoes for sneakers of 3/4 (that is, he or she is always ... (Read 76 times)

rachel9

  • Sr. Member
  • ****
  • Posts: 495
on: Jul 1, 2018
If an individual has a constant MRS of shoes for sneakers of 3/4 (that is, he or she is always willing to give up 3 pairs of sneakers to get 4 pairs of shoes) then, if sneakers and shoes are equally costly, he or she will
 a. buy only sneakers.
  b. buy only shoes.
  c. spend his or her income equally on sneakers and shoes.
  d. wear sneakers only 3/4 of the time.

Question 2

When a transfer price is set lower
 a. the costs of the division using the intermediate product will fall
  b. the profits of the division using the intermediate product will be unaffected
  c. the profits of the division using the intermediate product will fall
  d. the profits of the division using the intermediate product will rise


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

adf223

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

d


rachel9

  • Member
  • Posts: 495
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

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 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.

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?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

An individual affected by xeroderma pigmentosum An individual affected by xeroderma pigmentosum
Jaundice. Photograph of an individual with liver disease, evidenced by the yellowing of the sclera o Jaundice. Photograph of an individual with liver disease, evidenced by the yellowing of the sclera o
A sod house in North Dakota, 1896. Individual “bricks” of sod were hewn from the ground and stacked A sod house in North Dakota, 1896. Individual “bricks” of sod were hewn from the ground and stacked
The decay constant of radon-222 is 0.181 d-1. If a sample of radon initially contains 6.00 × ... The decay constant of radon-222 is 0.181 d-1. If a sample of radon initially contains 6.00 × ...
Concepts related to the pathogenesis of myocardial infarction in an individual with diabetes. Concepts related to the pathogenesis of myocardial infarction in an individual with diabetes.
This red velvet shoes belonged to Pope Benedict XV This red velvet shoes belonged to Pope Benedict XV
Video: Nervous pathway to the Neuromuscular (NMJ)

For a complete list of videos, visit our video library