Multiple Choice
The price of one good divided by the price of another good is a
A) money price.
B) relative price.
C) budget constraint.
D) divisible good.
Correct Answer:

Verified
Correct Answer:
Verified
Q56: During October and November 2008, gasoline prices
Q57: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5274/.jpg" alt=" -In the table
Q58: If consumers buy only gasoline and food,
Q59: As Sam moves rightward along his indifference
Q60: When your budget line is just tangent
Q62: Why does your marginal rate of substitution
Q63: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5274/.jpg" alt=" -Consider the budget
Q64: What is an indifference curve?
Q65: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5274/.jpg" alt=" -The above figure
Q66: Nick consumes two goods, chips and lemonade.