Answer:
D) All of the above.
Explanation:
The marginal rate of transformation is the rate at which the consumer must give up y to get an additional unit of x. it is also referred to as the the slope of the budget constraint.
It can also be expressed mathematically as: Px/Py.
The answer is (D) All of the above.
Answer:
- ,000 new apartments will make the equilibrium price = $1,500
- 10,000 new apartments will make the equilibrium price = $1,000
- 15,000 new apartments will make the equilibrium price = $500
Explanation:
<u>Rent</u> <u>Demand</u> <u>Supply</u>
2,500.00 10000 15000
2,000.00 12500 12500
1,500.00 15000 10000
1,000.00 17500 7500
500.00 20000 5000
The equilibrium quantity is 12,500 apartments with a $2,000 rent per month. If the government wants to lower the equilibrium rent price by increasing the supply of apartments, then it must build:
- 5,000 new apartments will make the equilibrium price = $1,500
- 10,000 new apartments will make the equilibrium price = $1,000
- 15,000 new apartments will make the equilibrium price = $500
Answer:
A. Market Basket Analysis.
Explanation:
Since Yolanda used market basket analysis to analyze what her customers buy together during a single store visit, she knows to place facial tissues by the cold medicine and Wonder bread by the Skippy Peanut Butter.
Market basket analysis is a modelling technique also known as frequent item-set mining or association analysis where we evaluate the purchases which routinely occur together. For example, people who buy peanut butter also purchased bread and normal butter as well. In this way, markers can plan what products should be placed on the same shelf or near to those shelves indie a store or what recommendations should be given to online buyers.
Answer: $0 billion
Explanation:
Money spent for consumption is the difference between Disposable income and Savings.
Disposable income increase:
= 1,092 - 912
= $180 billion
Savings increased by $180 billion which is equal to the change in Disposable income.
Change in consumption = Change in disposable income - change in savings
= 180 - 180
= $0 billion
Answer:
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