Answer:
Negative, since to purchase more of one good means giving up some of the other good.
Explanation:
A budget line illustrates the number of goods, consumers are able to buy with lower income. Thus the price of goods and customers income to be spent on goods determine the budget line.
The slope of the budget line measures the opportunity cost of consuming Commodity A forgetting Commodity B. In order to get more of Commodity A, the consumer will have reduce the consumption of Commodity B Forefeiting the opportunity to consume Commodity B is the true opportunity cost of Commodity A and this measured by the slope of the budget line.
The slope of the budget line shows the amount of a commodityB the consumer must forfeit to purchase one more unit of a commodity A and the slope is usually Negative.
Minor violations that are committed by people could just provide 10-20 days in the correction. However, heinous crimes like murder or homicide or ra pe could lead to reclusion Perpetua or lifetime imprisonment to the guilty or much worse, it could lead to the death penalty which was adopted by some states.
Answer:
QUESTION 1:
The horizontal axis measures an economy's real GDP- 3
QUESTION 2:
As price level rises, imports become relatively cheaper than domestically produced goods- 1
Explanation:
QUESTION 1
The horizontal axis of the aggregate demand and aggregate supply measures an economy's real GDP. The GDP is the sum of all the final goods and services produced in the economy while the vertical axis of an aggregate supply and aggregate demand diagram measures the price index level.
QUESTION 2
When domestic interest rate is low compared to foreign interest rates, domestic investors invest in foreign countries where return on investments is higher. Increased outflow of currency to foreign countries, causes a decrease in real exchange rate. This decrease, increases net exports. This then, increases aggregate demand. As the price level drops, interest rates fall, investment in foreign countries becomes increased, real exchange rate falls, net exports increases and the aggregate demand then increases.
Answer:
Annual depreciation 2022= $24,000
Explanation:
Giving the following information:
Purchase price= $150,000
Useful life= 5 years
Salvage value= $0
<u>First, we need to calculate the annual depreciation for 2021:</u>
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (150,000 - 0) / 5
Annual depreciation= $30,000
<u>Now, the revised depreciation:</u>
Annual depreciation= (150,000 - 30,000) / 5
Annual depreciation= $24,000
We divide by 5 years because one year has passed.
Answer:
The price earnings ratio should be considered to be most important.
The reason is that the price earnings ratio indicates how much the market is ready to pay for a stock based on its current earnings.
Explanation:
The price earnings ratio is a market prospect ratio that compares the market price per share to the earnings per share to determine the market value of a stock in relation to its earnings. The P/E ratio is calculated using the following formula:
P/E ratio = Market price per share / Earnings per share
The price earnings ratio should be considered to be most important because it indicates how much the market is ready to pay for a stock based on its current earnings. It is frequently used by investors to estimate a stock's fair market value by forecasting future earnings per share. The rationale for this is that companies with larger future earnings are more likely to pay bigger dividends or have stock that appreciates in value.
The price to earnings ratio is also known as a price multiple or earnings multiple for this reason. This is because the ratio is used by investors to determine the value of a share based on its earnings multiple. In other words, how much they are willing to pay as a multiple of their incomes.
