If a Consumer's Budget Line Between Meat and Potatoes Has

question 79

Multiple Choice

If a consumer's budget line between meat and potatoes has a vertical axis intercept at 100 pounds of meat and a horizontal axis intercept at 100 pounds of potatoes

• A)demand must be inelastic
• B)the consumer's budget must equal $100
• C)both meat and potatoes must be priced at $1 per pound
• D)the price of a pound of meat must equal the price of a pound of potatoes
• E)the opportunity cost of meat in terms of potatoes cannot be determined

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Definitions:

Depressive Disorders

A group of disorders characterized by persistent feelings of sadness and hopelessness, often accompanied by a lack of interest in activities and various physical symptoms.

Epidemiologist

A scientist who studies the patterns, causes, and control of diseases in groups of people, aiming to reduce health risks and occurrences.

Psychological Disorders

Mental disorders characterized by significant disturbances in an individual's cognition, emotional regulation, or behavior.

Distribution

In statistics, the way in which values are spread out or distributed across a range.