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

Author Question: If the price of x falls, the budget constraint: a. shifts outward in a parallel fashion. b. shifts ... (Read 133 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
on: Jul 1, 2018
If the price of x falls, the budget constraint:
 a. shifts outward in a parallel fashion.
  b. shifts inward in a parallel fashion.
  c. rotates outward about the x-intercept.
  d. rotates outward about the y-intercept.

Question 2

The fraudulent delivery of low quality experience goods at high prices is more likely if
 a. interest rates decline
  b. information about notorious firms is speedily disseminated
  c. price premiums for allegedly high quality increase
  d. sellers invest in non-transferable reputation
  e. none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ryansturges

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

e


lilldybug07

  • Hero Member
  • *****
  • Posts: 546
Reply #2 on: Jul 1, 2018
Correct answers!


ryansturges

  • Sr. Member
  • ****
  • Posts: 338
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

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?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Parallel Gratings Parallel Gratings
J. M. W. Turner, The Upper Falls of the Reichenbach. J. M. W. Turner, The Upper Falls of the Reichenbach.
Stripping is performed with deep pressure along the length of a muscle to its attachment. Parallel ... Stripping is performed with deep pressure along the length of a muscle to its attachment. Parallel ...
How to find the equation of a line that is parallel to a line passing through a point How to find the equation of a line that is parallel to a line passing through a point
Frequency diagrams of skin colors. (a) Skin color distribution in the parents falls into two discont Frequency diagrams of skin colors. (a) Skin color distribution in the parents falls into two discont
Sol Duc Falls in Olympic National Park, Washington. Sol Duc Falls in Olympic National Park, Washington.
Video: Burn Animation

For a complete list of videos, visit our video library