A Technological Change That Enables a Student to Learn More

question 23

Multiple Choice

A technological change that enables a student to learn more French in the same amount of study time

• A)causes the budget line to rotate inward
• B)causes an outward,parallel shift of the budget line
• C)shifts the "demand curve" inward
• D)is equivalent to a increase in the "price" of an hour spent studying French
• E)makes the student better off

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Definitions:

Net Income

The amount of money that remains after all operating expenses, taxes, and interest have been deducted from total revenue; also referred to as net profit.

Net Cash

The amount of cash available after accounting for cash inflows and outflows over a period.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.