Under the Buy One,get One Free Regime,the

question 59

Multiple Choice

Under the buy one,get one free regime,the:

• A) budget line rotates counterclockwise.
• B) price is reduced by 50 percent.
• C) budget set expands.
• D) indifference curve is changed.

---

Definitions:

Accounts Payable

A liability account tracking amounts owed by a company to suppliers or creditors for goods and services received.

Time Extension

The act of prolonging a period or deadline, allowing more time for completion of a task or obligation.

Notes Receivable

Written promises for amounts to be received by a company, usually including interest, classified as an asset on the balance sheet.

Accounts Receivable

Amounts owed to a company by customers for goods or services delivered or used but not yet paid for.