A client's line or constraint suggests diverse mixtures of products that may be purchased with a particular amount of income Budget Line shows all the bundles/combinations of two commodities that a consumer can buy with the given income at a given set of prices.
The definition of income is the quantity of money obtained by way of someone, group, or corporation in the course of a certain time period. An example of earnings is a $70,000 a 12 months income. For most people, profits manner their overall profits in the shape of wages and salaries, the return on their investments, pension distributions, and different receipts.
Various mixtures of profits assets may be used to derive this type. as instance, at the maximum precise degree, the profits sources are blended into five components: wages and salaries, self-employment income (farm and non-farm), government switch payments, investment earnings, and other profits.
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Answer:
The correct answer is A)
Explanation:
There is no good or service that is unlimited.
The concept of the Barter system was simply a method of exchanging value for value.
- It was phased away due to several reasons:
- It was not a good store of value as many of the goods were perishable
- it didn't make for good administration: It was too cumbersome and problematic. Imagine having to store three trailers of eggs awaiting a barter exchange
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Phil Ruffin bought treasure island
Answer:
$2,896 is needed
Explanation:
external financing needed = net income - working capital needs - capital expenditures + retained earnings
- net income = $1,560 x 1.2 = $1,872
- working capital needs = ($4,700 x 1.2) - ($860 x 1.2) = $5,640 - $1,032 = $4,608
- capital expenditures = fixed assets x 20% = $940
- retained earnings = $1,560 x 50% = $780
external financing needed = $1,872 - $4,608 - $940 + $780 = -$2,896
Answer:
Information Technology Cluster
Explanation:
The Information Technology cluster uses your love of technology to learn how to design, develop and manage different types of software and hardware programs.
The information technology cluster is composed of the following four career pathways: information support and services, interactive media, network systems, and programming and software development.
