Answer:
a. every point along the contract curve appears on the utility possibilities frontier showing the levels of utility for consumers
Explanation:
the contract curve is the set of tangency points between the indifference curves of the two consumers. It is termed the contract curve since the outcome of negotiation about trade between two consumers should result in an agreement that has an outcome on the contract curve.
If Martin had 24 5 pounds of grapes left. The expression that shows the pounds of grapes martin has if he doubles his current amount is: (2) (2) (2) (four-fifths).
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Double amount of grapes</h3>
Given: Current amount of grapes=2 4/5=14/5
Double amount of grapes=2×14/5=28/5
Hence:
2(2)+(2) 4/5
=4+8/5
=28/5
The expression is: (2) (2) (2) (four-fifths) or 2(2)+(2) 4/5.
Therefore If Martin had 24 5 pounds of grapes left. The expression that shows the pounds of grapes martin has if he doubles his current amount is: (2) (2) (2) (four-fifths).
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Among the given life insurances Term life insurance does not have a savings feature.
A type of life insurance known as "term life insurance" offers protection for a predetermined number of months or years, or "a term." In the tragic event that the insured passes away during the policy term, this sort of life insurance offers a financial benefit to the nominee.
Anyone who has dependents on their income ought to purchase a term insurance policy. Included in this are married couples, parents, business owners and independent contractors, SIP investors, young professionals with dependent parents, and in some cases, retirees, acquire a cash value as there is no investment component in the policy
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Answer: Commodity investment option
Explanation: Commodity investing gives the investor a wide variety of options to invest. Commodity investing may include investing in raw materials or consumer products, but generally this term is used for investing in precious metals like gold and silver.
Investing in these units is risky but not as investing in share market. Thus, it will be the best option for William as this market has a very good upside potential and possess less risk than the securities market.
