Ask Question, Ask an Expert


Ask Microeconomics Expert

Assume that rationing decreases prices, places a constraint on maximum consumption and has no time cost. Graph an ex of rationing making a consumer better off, comparing the bundle they pick with rationing to the bundle they pick without rationing.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M938525

Have any Question? 

Related Questions in Microeconomics

Assignmentplease answer all questions completely using your

Assignment Please answer all questions completely using your own words 1. Describe the essential difference between an industry analysis and a market analysis. In what section of an ad plan are they typically included? W ...

Discussion questions1 firms made a come back by trimming

Discussion Questions 1) Firms made a come back by trimming costs, reducing unused capacity and increasing profits. List at least two issues in which they focus on. 2) What are the effects of nonperforming loans on a bank ...

Digital media power point presentationdigital media has

Digital Media Power point presentation Digital media has changed the ways ideas, information, and arguments in society are communicated both locally and globally. Individuals and organizations frequently use digital medi ...

Question 1from an economic perspective returns on foreign

Question 1 From an economic perspective, returns on foreign investment are included in the overall measure of trade because financial investments: a) can also be thought of as payments made by the government. b) are a fo ...

Assignmentquestion 1 how is a project baseline used to

Assignment Question 1) How is a project baseline used to guide the execution of the project's work, to evaluate progress and performance, and to control the project? Also, as you continue to think about monitoring and co ...

Assignment--risk managementchoose one of the following

Assignment--Risk Management Choose one of the following topics and write a critical essay, with the word limit of 800±100, excluding references. Academic integrity: In order to ensure the academic integrity of your submi ...

Evaluating the effectiveness of pre-positioning policies in

Evaluating the Effectiveness of Pre-Positioning Policies in Response to Natural Disasters EXPERIMENTAL DESIGN Objectives The intent of this research is to understand the impact of implementing a local pre-positioning str ...

Prepare 100 words summary for class discussioncreative

Prepare 100 words summary for class discussion Creative Destruction by W. Michael Cox and Richard Alm Joseph Schumpeter (1883-1950) coined the seemingly paradoxical term "creative destruction," and generations of economi ...

Fight against obesityno unread repliesno

Fight against Obesity No unread replies.No replies. Directions: The impact of obesity is overwhelming and the numbers are staggering in relation to both co-morbidity and cost. Advance practice nurses are in an optimal po ...

Assignmenta positive guest experience is mainly the result

Assignment A positive guest experience is mainly the result of guests who have positive encounters and interactions with employees who provide the utmost quality service. Based on the hospitality industry you chose in As ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate