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

Author Question: The price of coffee is always equal to one-half the price of tea. When we plot the budget line for ... (Read 39 times)

penguins

  • Hero Member
  • *****
  • Posts: 903
on: Jul 1, 2018
The price of coffee is always equal to one-half the price of tea. When we plot the budget line for coffee and tea, coffee is plotted on the horizontal axis. What is the slope of this budget line?
 
  A) -1/2
  B) 1/2
  C) -2
  D) 2

Question 2

Refer to Figure 9.1. If the government establishes a price ceiling of 20, how many widgets will be sold?
 
  A) 20
  B) 30
  C) 40
  D) 50
  E) 60


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Expo

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

A


penguins

  • Member
  • Posts: 903
Reply 2 on: Jul 1, 2018
Wow, this really help

kusterl

  • Member
  • Posts: 315
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

A shim (or half shim) may be needed to provide the proper clearance between the flywheel teeth of ... A shim (or half shim) may be needed to provide the proper clearance between the flywheel teeth of ...
Two wells are filled with the same antigen, and when they diffuse to the antibody, they make a line ... Two wells are filled with the same antigen, and when they diffuse to the antibody, they make a line ...
How to solve a half life problem involving exponential models (Question 2) How to solve a half life problem involving exponential models (Question 2)
Kepler’s Law of Equal Areas Kepler’s Law of Equal Areas
A box contains red, yellow and green marbles. Half of the marbles are red, 1/8 of the remaining ... A box contains red, yellow and green marbles. Half of the marbles are red, 1/8 of the remaining ...
Plot of land (Part a) Plot of land (Part a)
Video: Blood Flow through the Human Heart

For a complete list of videos, visit our video library