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 137 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?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Parallel Gratings Parallel Gratings
Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
Capacitors in parallel and an equivalent capacitor Capacitors in parallel and an equivalent capacitor
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ... If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ...
Video: Energy sources - types

For a complete list of videos, visit our video library