Heyyyy3977 Heyyyy3977

Today at 5:49 PM
Business

Answered

Proportional changes in all prices and incomes do not affect the individual’s budget constraints and therefore do not change the quantities of goods chosen. True/ False
When real purchasing power changes the budget constraints shift and individuals will choose new commodity bundles where the MRS is equal to the new price ratio bundles. True/ False

Answer :

Other Questions

Implement the following pseudocode in assembly language: If (EBX > ECX and EBX > EDX) or (EDX > EAX) then X = 1 else X = 2.a) Assembly codeb) Python codec) Java

The initial conditions of a sample of gas are 319K,3.087L, and 591torr. What is its final pressure if volume is changed to 2.222L and temperature is changed to

How to use a two-unit multiplier to convert 65 meters to inches?

George found two feasible options for an apartment to rent for the next 2 years. Option A requires monthly rent.a) $1,200b) $1,500c) $1,800d) $2,000

p(x) = x4 8x2 − 9 (a) factor p into linear and irreducible quadratic factors with real coefficients.

The combustion in a compression ignition engine is . a.heterogeneous b.homogeneous c.laminar d.turbulent

Express each of the following ratios in the simplest form 36:90

1. What is a word ?2. What is a phrase ?

hhcayzewuy 100% privacy What is the largest source of groundwater in the Indian peninsula?

Em relação ao gerenciamento do cuidado no câncer de mama, an

A Carnot heat engine receives 100 kJ of heat from a high-temperature reservoir at 370°C and rejects 37 kJ of heat. Determine the temperature of the low-temperat

The United States is described as a nation of immigrants. What is immigration? In your response, describe at least two ways that immigration has affected the Un

The design specifications for a coffee mug state that it should be cylindrical, with height 1.5 times its diameter, and with a capacity of 450 ml. a) Determine

Solve for d: 5d > 5 - d. a) d < -5 b) d > 0 c) d > 6 d) d > -10

The spot exchange rate for the Swiss Franc is $1.1356/SF. If you have SF65,000, how many dollars would you be able to buy? (Assume bid and ask are the same) a)

A woodchuck runs 31 meters to the right in 7 seconds then turns and runs 22 m to the left in 2.4 seconds. a) Calculate the average speed of the woodchuck. b) De

What makes α-amino acids chiral to the largest extent?

Match the descriptions given below to either the capsule or slime layer. Only six labels are used. a) Protective outer layer b) Helps adherence to surfaces c) S

The monthly cost of driving a car depends on the number of miles driven. Lynn found that in May it cost her $505 to drive 460 mi, and in June it cost her $540 t

If the government wants to reduce smoking by 20% and a pack of cigarettes currently costs $5.00, by how much should they increase the price? a) $1.00 b) $1.25 c