Lisa eats both pizzas and burritos. If the price of a pizza increases, Lisa's opportunity set
A) becomes larger.
B) becomes smaller.
C) is unchanged.
D) cannot be determined without more information.
B
Economics
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All of the following are functions of the Federal Reserve System EXCEPT
A) to provide loans to developing countries. B) to act as the government's fiscal agent. C) to supply the economy with fiduciary currency. D) to hold depository institutions' reserves.
Economics
Marginal utility theory predicts that a rise in the price of a banana results in
A) the demand curve for bananas shifting rightward. B) the demand curve for bananas shifting leftward. C) a movement upward along the demand curve for bananas. D) a movement downward along the demand curve for bananas.
Economics