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

Author Question: An increase in an individual's income without changing relative prices will a. rotate the budget ... (Read 56 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
on: Jul 1, 2018
An increase in an individual's income without changing relative prices will
 a. rotate the budget constraint about the X-axis.
  b. shift the indifference curves outward.
  c. shift the budget constraint outward in a parallel way.
  d. rotate the budget constraint about the Y axis.

Question 2

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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

raili21

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

c

Answer to Question 2

b


lilldybug07

  • Member
  • Posts: 546
Reply 2 on: Jul 1, 2018
Excellent

mohan

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

China’s 8% annual increase in oil consumption China’s 8% annual increase in oil consumption
Physiological effects of the accumulation of lactose in the intestines of a lactose-intolerant indiv Physiological effects of the accumulation of lactose in the intestines of a lactose-intolerant indiv
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
A factory replacement unit for a CSFI unit that has individual injectors at the ends that go into ... A factory replacement unit for a CSFI unit that has individual injectors at the ends that go into ...
Canada’s Arctic is changing dramatically Canada’s Arctic is changing dramatically
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.
Video: Male Reproductive System - Testosterone

For a complete list of videos, visit our video library