Microeconomics involves decisions made by

Which of the following is one of the concerns over having U.S. auto producers in China?

a. They will dump back onto U.S. markets. b. They will allow technology to leak to Chinese competitors. c. They cannot compete with the Japanese. d. They will allow the Chinese competitors to steal their business model.

Suppose the consumer's income increases while the prices of the goods remain constant. Then the

A) budget constraint shifts outward parallel to the original budget constraint. B) indifference curves become flatter. C) budget constraint shifts inward parallel to the original budget constraint. D) indifference curves shift outward away from the origin.