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STatiana [176]
3 years ago
10

A schedule or curve that shows the various combinations of two products a consumer can purchase with a specific amount of money

income is:____________a) a trade offb) a budget linec) a tangent point
Business
1 answer:
RoseWind [281]3 years ago
6 0

Answer:

budget line

Explanation:

A budget line is a graphical representation that shows all the possible combination of how two products that can be consumed at different prices with a given income. The budget line is downward sloping with the gradient of the slope reflecting the two prices.

A budget line assists in understanding consumer choices and behavior. A budget line may shift due to changes in the consumer's income. It shifts to the left when income decreases and shifts to the right when income increase.

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Empowering employees can lead to so many kinds of performance gains that organizations often use their reward systems to promote
nirvana33 [79]
The answer is true because empowerment is a positive thing which leads to a positive outcome.
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Which of the following best describes the journal entry to record the withdrawal of raw materials from the storeroom for use as
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D. Debit work in process debit manufacturing overhead …..
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3 years ago
Sherry owns a car business. She just received a shipment of Volkswagen SUVs. She paid $60,000 for each vehicle and wants to make
densk [106]

The selling price of the price that is offered to the buyer of the goods. The selling price of the car should be $<u><em>75,000</em></u>.

<h3>What is the selling price?</h3>

The selling price is the ultimate value of the goods the seller is willing to offer to the buyer at the time of sale. It is determined by adding up the profit margin to the actual cost of the goods.

The computation of the selling price of the car:

Given,

  • Cost price =$60,000
  • Margin =25%

\begin{aligned}\text{Selling Price}&=\text{Cost Price}+\text{Margin}\\&=\$60,000+(\$60,000\times25\%)\\&=\$60,000+\$15,000\\&=\$75,000\end{aligned}

Therefore, if Sherry wants to make 25% on the sale of each car then the car must be sold at $75,000 each.

Learn more about selling price, here:

brainly.com/question/3798799

5 0
2 years ago
In the securitization​ process, A. security investors make loans to​ banks, who in turn make loans to households. B. banks grant
MaRussiya [10]

Answer:

Option "B" is the correct answer to the following question.

Explanation:

Under securitization, financial assets are collected through various means, the assets collected are sold as securities to investors or parties at a fixed interest rate. The process of converting loans into securities by banks is called securitization.

In the process of lending to homes, banks coverts the loans to securities and sell them to investors.

7 0
3 years ago
What should an adjustment letter focus on?a. Explaining the resolution to the problem b. Preventing a recurrence of the problem
ivanzaharov [21]

Answer:

The correct answers are letters "A", "B", and "C":  Explaining the resolution to the problem; Preventing a recurrence of the problem; Communicating compliance.

Explanation:

Adjustment letters are communications with legal nature from companies to customers who filed a claim. The main purpose of the letter is to politely <em>inform the client that the claim was received, what steps were taken to analyze the situation, what is the final resolution after the study </em>and <em>what will be done as a result</em>. The ultimate goal of the adjustment letter is to <em>keep a good relationship with the customer so they can continue doing business</em>.

8 0
4 years ago
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