Answer:
It is negative because dresses are more expensive than shoes.
If government set a price ceiling of $40, there would be:
There is a surplus (or excess demand) of about 8 units.
Explanation:
The Cruise Budget Constraints are for shoes and dresses. The budget constraint is quantity of goods that a consumer can purchase at a given price. Maren's graph elaborates budget constraints for shoes and dresses. The budget constraint for Maren is negative because dresses are more expensive than shoes. Maren can buy more shoes and lesser dresses keeping in mind his budget constraints.
If the government sets a price ceiling of $40 then there will a surplus of demand of about 8 units. The graph shows that at the price of $40 the supply will be 16 units and demand will be 24 units. There will be shortage of supply or excess of demand of about 8 units.
Answer:
Aversion therapy
Explanation:
Aversion therapy is a kind of therapy used to stopped undesired behaviors. This therapy involves pairing an unwanted behavior in a repeating manner with discomfort produced by this behavior. After some repetitions, the undesired conduct will stop.
In this example, every time Leo opens his cigarette case or uses his lighter he he gets a painful electric shock. He must use his own lighter if he wants to smoke. Eventually, Leo loses his desire to smoke. We can see that <u>the undesired behavior of smoking has been paired by the discomfort created by the electric shock.</u> Therefore Leo losing his desire to smoke is thanks to aversion therapy.
I’m not too sure. That’s a good question