This topic contains a solution. Click here to go to the answer

Author Question: When the price of a good increases, the budget constraint does not change. (Read 76 times)

RRMR

  • Hero Member
  • *****
  • Posts: 557

Question 1

Price increases will ________ a household's choice set.


◦ increase
◦ decrease
◦ not change
◦ sometimes increase and other times decrease

Question 2

When the price of a good increases, the budget constraint does not change.


◦ true
◦ false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by RRMR on Apr 19, 2019

reversalruiz

  • Sr. Member
  • ****
  • Posts: 327
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




RRMR

  • Member
  • Posts: 557
Reply 2 on: Apr 19, 2019
Gracias!


cam1229

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

For a complete list of videos, visit our video library