Hey there!
A debit card is a card with a specific amount of money on it to be used, but still comes with the convenience of a credit card, just doesn't allow you to use money that's not on there.
Hope this helps!
Answer:
C) downward sloping and straight.
Explanation:
The indifference curve is the curve at which the combination of two goods is shown so that the consumer gets equal satisfaction which makes the consumer different.
The perfect substitutes are those goods which are used in place of another. Like the milk, the producer is different but their objective is the same
In the case of the perfect substitutes, the indifference curve is a straight and downward sloping due to the constant marginal rate of substitution of two goods.
Your friend is in the category of people considered to have HIGH INCOME.
Friend's salary is more than $1 million and he lives off a credit card. He has high income but net worth can't be determined.
To address a vague, complex problem, a data analyst breaks it down into smaller steps.
They use a process to help them recognize the current problem or situation, organize available information, reveal gaps and opportunities, and identify options.
The above scenario describes structured thinking.
<h3>
What are the elements of structured thinking?</h3>
Structured thinking involves identifying current problems or situations, organizing available information, identifying gaps and opportunities, and identifying opportunities.
<h3>How can structured thinking tools help us? </h3>
Structured thinking is the process of framing unstructured problems. The framework not only helps analysts understand the problem at a macro level, but also helps identify areas that require deeper understanding.
Learn more about structured thinking:
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The inventory level will be used by an inventory
manager to regulate the optimal time for manufacturing, if they are handling
a manufacturer's warehouse, or to demand more if the product is being stored as
stock at a store.
To solve this:
Get first the Current Assets this solved by multiplying the
current liabilities to the current ratio.
CA = $500 (1.5) = $750
Then get the inventory level by multiplying the current
asset to the product of the current liabilities and quick ratio.
Inventory level = $750 (500 x 1.1) = $412,500