Refer to Figure 10-8. If the price of biscotti is $1.50 and the price of a cappuccino is $3.00, what is the slope of the budget constraint?
A) -(3.00 - 1.50 )/(3.00 + 1.50 ) = -1/3
B) -2
C) -1/2
D) The slope cannot be determined without the value of income.
B
Economics
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The main revenue sources for state and local governments are corporate income taxes
a. True b. False Indicate whether the statement is true or false
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The answer is: "rational ignorance." What is the question?
A) Why do special interest groups lobby politicians? B) What causes a candidate in a two-person political race to take polls? C) What explains why voters often know very little about the candidates and the issues? D) What motivates the free rider?
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