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Dovator [93]
3 years ago
7

In moving along a given budget line:

Business
1 answer:
melomori [17]3 years ago
5 0

Answer:

The correct answer is option A.

Explanation:

A budget line shows the maximum possible bundles or combinations of two goods that can be purchased by completely exhausting the given income. All the points on the budget line show attainable and efficient bundles. The points below the budget line represent inefficient but attainable bundles. Those points that are above the line show unattainable bundles as they require higher income.  

A movement on the same budget line shows the change in the quantity of two goods. The price of the products and income of the consumer will remain the same.

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The president of a poor country has announced that he will implement the following measures that he claims are designed to incre
Studentka2010 [4]

Answer:

The correct answer is number (2): Reduce reliance on market forces because they allocate goods and services in an unfair manner.

Explanation:

Relying on market forces imply letting supply and demand freely decide the levels of quantity demanded and supplied goods and services and their corresponding prices. This scenario could lead to unfair market competition and inhuman labor standards. For that reason, government intervention is necessary to set fair rules for organizations and individuals within society.

3 0
3 years ago
Which is not a reason for allocating internal costs to cost objects? Managers should be charged for benefits received by departm
Kamila [148]

Answer:

The reason which is not used for allocating the internal costs to the cost objects is to measure the selling price of the products.

Explanation:

Internal cost is the cost on which the businesses or company bases its price on which involve costs such as energy, plant, equipments and materials.

Cost objects is the department or the product for which costs are evaluated or measured. For example, a product is the cost object for direct labor and direct materials.

And the reason which is not used for allocating the internal cost to the cost objects is the evaluation of the selling price of the product as in a market, selling prices are determined or set by the demand and the supply factor.

7 0
3 years ago
Can someone help me please !!!!!
elixir [45]

Answer:

$100 income, that added fees are only $600.

4 0
3 years ago
Read 2 more answers
You are considering purchasing a new truck that will cost you $34,000. The dealer offers you 1.9% APR within monthly compounding
dmitriy555 [2]

Answer: $31,513.65

my monthly payment (principal) would be closest to $31,514

Explanation:

Using compound interest formula below to find the principal

A = p (1 + r/n)^nt

A= amount = $34,000

r = annual nominal rate = 1.9% = 0.019

n = number of compounding ; monthly compounding means 12 interest payments in a year

P= principal

t= time in years 48months = 48/12years = 4years

34,000 = p (1 + 0.019/12)^12(4)

34,000 = p (1 + 0.00158333333)^48

34,000 = p ( 1.00158333333)^48

34,000 = 1.07889755p

Divide both sides by 1.07889755

P = $31,513.6502

≈$31,514 to nearest whole number.

5 0
3 years ago
What is the role of the government in fiscal policy
Elena L [17]

It is the sister strategy to monetary policy through which a central bank influences a nation's money supply.

5 0
4 years ago
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