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Evgen [1.6K]
3 years ago
11

An increase in​ income, holding prices​ constant, can be represented as A. a change in the slope of the budget line. B. a parall

el outward shift in the budget line. C. an outward shift in the budget line with its slope becoming flatter. D. a parallel inward shift in the budget line.
Business
1 answer:
Lisa [10]3 years ago
5 0

Answer:

Option (B) is correct.

Explanation:

If there is an increase in the income of the consumer then as a result there is a parallel shift in the budget line. This increase in income will increase the real purchasing power of the consumers and hence, this would increase the quantity of two goods consumed in an equal proportion.

Other factors remains the same, an increase in the income level of the consumer will increase the consumption of both the goods because the prices of both the goods are constant.

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Which method is the most efficient method to use to solve x^2+6x-7=0?
sweet-ann [11.9K]
(x+7)(x-1) = 0 ^x^2 + 6x - 7 = 0x               7x              -1
Its really easy if you think it this way.

7 0
3 years ago
Read 2 more answers
A medical group practice is considering offering a new service with risk that is greater than the current risk of the business.
zlopas [31]
Stick to the regular risk and not the new one
4 0
3 years ago
Appalachian Airlines began operating in 2010. The company lost money the first year but has been profitable ever since. The comp
Aleksandr [31]

Answer:

$800,000

Explanation:

The computation of the taxes paid by the company in 2013 is shown below:

Year    Taxable Income         Carry forward amount        Year-end amount

2010    -$4,000,000                                                            $0

2011      $1,000,000               - $4,000,000                        $3,000,000

2012     $2,000,000              -$3,000,000                         $1,000,000

2013     $3,000,000              -$1,000,000                          $2,000,000

Now the tax paid is

= $2,000,000 × 40%

= $800,000

4 0
3 years ago
____ is a planning process falling under the Project Integration Management knowledge area. Schedule development Develop project
lianna [129]

Answer:

Develop project management plan

Explanation:

Project integration management is the coordination of all aspects of a project. It involves coordination of the following: tasks, stakeholders, resources, along with any issues arising from parties in the project, evaluating resources, and making choices between different lines of action.

So developing a project management plan is a process that fall under integration management as defined.

3 0
3 years ago
Read 2 more answers
Suppose Aiyanna's Pizzeria currently faces a linear demand curve and is charging a very high price per pizza and doing very litt
DedPeter [7]

Answer:

<em>Options Include:</em>

A. demand will become more price elastic.

B. price elasticity of demand will not change as price is lowered.

<em>C. demand will become less price elastic.  is Correct</em>

D. the elasticity of supply will increase.

Explanation:

<em>Typically as a broadly accurate guide, the product is called elastic if the quantity of a good demanded or purchased increases more than the change in price. </em>

(Price increases by + 5%, but demand decreases by -10%). When the shift in the purchased quantity is the same as the price change (say, 10 per cent/10 per cent= 1), the product is said to have price elasticity unit (or unitary).

Eventually, when the purchased quantity changes less than the price (say,-5 per cent demanded for a price change of+ 10 per cent), then the product is called inelastic.

7 0
3 years ago
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