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4. Which one of the following statements about the budget line is correct? A. The budget line shows the minimum amount of two goods that a consumer can purchase with a given money income. B. The budget line shows all possible combinations of two goods that can be purchased, given money income and the prices of the goods. C. The budget line shows all possible combinations of two goods that yield the same level of utility to the consumer. D. The budget line shows the amount of product A that a consumer is willing to give up to obtain one more unit of product B.
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The budget line shows all possible combinations of two goods that can be purchased, given money income and the prices of the goods is correct about the budget line.
Question|Asked by laceupgirl
Asked 2/27/2014 9:11:10 PM
Updated 8/21/2018 1:08:22 PM
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The budget line shows all possible combinations of two goods that can be purchased, given money income and the prices of the goods is correct about the budget line.
Added 8/21/2018 1:08:22 PM
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Questions asked by laceupgirl
Taxes on commodities or on purchases are known as _______ taxes. A. personal income B. sales and excise C. payroll D. corporate income
Weegy: Taxes on commodities or on purchases are known as SALES and EXCISE taxes. (More)
Question|Asked by laceupgirl
Expert Answered
Updated 2/28/2014 3:29:43 PM
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Which one of the following statements about stocks is correct?
Question|Asked by laceupgirl
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Updated 2/28/2014 4:32:38 AM
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The stock (also capital stock) of a corporation constitutes the equity stake of its owners.
Added 2/28/2014 4:32:38 AM
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Other things equal, the provision of a per unit subsidy for a product will A. increase its supply. B. decrease the quantity sold. C. increase its price. D. decrease its demand.
Question|Asked by laceupgirl
Not Answered
Updated 2/28/2014 4:42:06 AM
1 Answer/Comment
Other things equal, the provision of a per unit subsidy for a product will A. increase its supply.
Added 2/28/2014 4:42:06 AM
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If consumers are willing to pay a higher price than previously for each level of output, we can say that _______ has occurred. A. an increase in supply B. a decrease in supply C. an increase in demand D. a decrease in demand
Question|Asked by lovehurts7887
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Updated 2/27/2014 10:49:52 PM
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If consumers are willing to pay a higher price than previously for each level of output, we can say that A. an increase in supply has occurred.
Added 2/27/2014 10:49:52 PM
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Other things equal, an excise tax on a product will increase A. the quantity sold. B. its price. C. its supply. D. its demand.
Question|Asked by lovehurts7887
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Updated 6/15/2016 7:10:17 AM
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Other things equal, an excise tax on a product will increase its price.
Added 6/15/2016 7:10:17 AM
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