« previous next »

Author Question: If both prices decreases by 50, A) budget constraint will be unchanged. B) slope of the budget ... (Read 75 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?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

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?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

The north-facing slope at this site supports a Mediterranean woodland, while the vegetation on the s The north-facing slope at this site supports a Mediterranean woodland, while the vegetation on the s
The proportion of obese and extremely obese adults in the United States has increased over the past The proportion of obese and extremely obese adults in the United States has increased over the past
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
Sample budget spreadsheet form for first year of business. Sample budget spreadsheet form for first year of business.
Natural Resource Prices, 1850–2010 Natural Resource Prices, 1850–2010
Prices in Japan before and after Opening to Trade Prices in Japan before and after Opening to Trade
Video: Tuberculosis Testing

For a complete list of videos, visit our video library