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Sara's income is $12 a week. The price of popcorn is $3 a bag, and the price of a smoothie is $3. The opportunity cost of a smoothie is

4 bags of popcorn.

1.0 bag of popcorn.

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The slope of an indifference curve shows

the change in utility from an additional unit of the good.

is the rate at which the consumer is willing to exchange one good for another, utility held constant.

the rate at which the consumer is able to substitute one good in the market.

all of the above

is equal to the price ratio at all points.

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In indifference curve analysis, the consumer's utility-maximizing point is where

the price-consumption line is tangent to the budget line.

one indifference curve is tangent to the relevant budget line.

the consumer's marginal utility curve is tangent to the relevant budget line.

the indifference curve farthest from the origin intersects with the budget line that is farthest from the origin.

each indifference curve has the same slope as the relevant budget line.

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An indifference curve plotted for two different goods on the axes

shows the combinations of the two goods that will just use up a consumer's income.

changes its slope as the relative prices of the two goods change.

shows the different combinations of two goods that the same income can purchase.

shows all combinations of the two goods that give the same level of utility.

shifts when real income changes.

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Bill consumes apples and bananas. Apples are measured on the vertical axis and bananas are measured on the horizontal axis. Bill's income doubles, the price of apples doubles, and the price of bananas triples. Bill's budget line

shifts rightward and becomes steeper.

shifts rightward and becomes flatter.

becomes steeper.

shifts rightward and the slope does not change.

remains unchanged.

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What is a distinguishing characteristic of an inferior good?

a negative income effect

a positive substitution effect

a positive income effect

a negative price effect

an upward-sloping demand curve

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Ron starts out in consumer equilibrium, consuming two goods, X and Y. The price of Y rises. Immediately after the rise in price

MU_X/P_X < MU_Y/P_Y, and then Ron decreases his consumption of Y.

MU_X/P_X > MU_Y/P_Y, and then Ron decreases his consumption of Y.

MU_X/P_X > MU_Y/P_Y, and then Ron increases his consumption of X and Y.

MU_X/P_X < MU_Y/P_Y, and then Ron increases his consumption of Y.

MU_X/P_X > MU_Y/P_Y, and then Ron increases his consumption of Y.

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Bikes and roller blades are substitutes. Marginal utility theory predicts that when the price of a bike rises, the quantity of bikes demanded

decreases and a movement occurs down along the demand curve for roller blades.

decreases and the demand curve for roller blades shifts leftward.

increases and the demand curve for roller blades shifts leftward.

increases and the demand curve for roller blades shifts rightward.

decreases and the demand curve for roller blades shifts rightward.

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The paradox of value asks why

the good die young.

the standard of living is higher in North America than in South America.

total utility is greater than marginal utility.

the price of water is low and the price of a diamond is high, but water is essential to life while diamonds are not.

bad things happen to good people.

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Остіомеатальний комплекс не включає:

гачкоподібний відросток і лунну щіль

перетинку носа

етмоїдний міхур

передній кінець середньої носової раковини

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