« previous next »

Author Question: If both prices decreases by 50, A) budget constraint will be unchanged. B) slope of the budget ... (Read 33 times)

karateprodigy

  • Hero Member
  • *****
  • Posts: 550
on: Jul 1, 2018
If both prices decreases by 50,
 
  A) budget constraint will be unchanged.
  B) slope of the budget constraint will increase.
  C) slope of the budget constraint will decrease.
  D) budget constraint will shift outward in a parallel fashion.

Question 2

If both prices increases by 50,
 
  A) budget constraint will be unchanged.
  B) slope of the budget constraint stay the same.
  C) slope of the budget constraint will decrease.
  D) budget constraint will shift outward in a parallel fashion.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


dantucker

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

karateprodigy

  • Hero Member
  • *****
  • Posts: 550
Reply #2 on: Jul 1, 2018
Thank you :)


dantucker

  • Sr. Member
  • ****
  • Posts: 346
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per 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?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Rotating around any node leaves a phylogeny unchanged Rotating around any node leaves a phylogeny unchanged
Constraint-Induced Movement Therapy Constraint-Induced Movement Therapy
Production and Prices in Richland and Poorland Production and Prices in Richland and Poorland
Slope Question Slope Question
The decay rate of a radioactive sample decreases from 175 kBq to 12.4 kBq in 18.3 s. What is ... The decay rate of a radioactive sample decreases from 175 kBq to 12.4 kBq in 18.3 s. What is ...
Derive the following using the increment/delta method and find its slope Derive the following using the increment/delta method and find its slope
Video: Double Vacuum Process (Illustration No Audio)

For a complete list of videos, visit our video library