Multiple Choice
Suppose we buy quantities and , respectively, of two goods.The following graph shows the budget constraint
, where and are the prices of the two goods and k is the available budget.If the budget is doubled, but prices remain the same, what is the
intercept of the new budget constraint?
A)
B)
C)
D)
Correct Answer:

Verified
Correct Answer:
Verified
Q14: One of the graphs below shows
Q15: In 1909, the Danish biochemist Sören Peter
Q16: Tornados are classified in several ways.A
Q17: Consider the graph of the function
Q18: A population of bacteria is introduced
Q20: Given the information in the table
Q21: Suppose there is an initial population of
Q22: A pond has a population of 500
Q23: You have $500 invested in a bank
Q24: Is the function <span class="ql-formula"