Which is more preferred between a cash gift and an in-kind gift?
A) A cash gift.
B) An in-kind gift.
C) Both are equally preferred.
D) None of the preceding statements is correct.
Correct Answer:
Verified
Q63: If an increase in the price of
Q64: If a consumer is given a $10
Q65: Under the buy one,get one free regime,the:
A)
Q66: An in-kind gift causes the budget line
Q67: Indifference curves further from the origin imply:
A)
Q69: At the equilibrium consumption bundle,which of the
Q70: If income increases,the budget line:
A) shifts to
Q71: PXX + PYY = M is called:
A)
Q72: The budget set defines the combinations of
Q73: The slope of the budget line represents:
A)
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