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valentinak56 [21]
4 years ago
12

Assume that a consumer has a given budget or income of $24 and that she can buy only two goods, apples or bananas. The price of

an apple is $3.00 and the price of a banana is $2.00. If the consumer spent all of her budget on just apples or just bananas, how many apples or bananas maximum would she be able to buy
Business
1 answer:
Sindrei [870]4 years ago
7 0

Answer:

12 bananas or 8 apples are needed to purchased

Explanation:

The computation of the number of bananas or the apples is shown below:

Since the income is $24

And, the price of an apple and the price of banana is $3 and $2 respectively

So, the number of bananas is

= $24 ÷ $2

= 12 bananas

And, the number of apples is

= $24 ÷ 3

= 8 apples

Therefore 12 bananas or 8 apples are need to purchased

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MArishka [77]

Answer:

The correct answer is letter "C": Interest rates tend rise during economic expansion and decline during recessions.

Explanation:

The expansion is the period of the economy that represents grow. Because of the prosperity atmosphere, people and businessmen request loans frequently pushing central banks and governmental entities to raise the interest rates to slow down the economy to prevent a recession. The recession itself is the period where the economy is contracted or reduced. In this case, the central banks and governmental entities decrease the interest rates to stimuli economy through loans and purchases.

6 0
3 years ago
According to growth accounting studies, investing in research and education Group of answer choices is the best way to achieve g
kobusy [5.1K]

According to growth accounting studies, investing in research and education is the best way to achieve greater technological progress.

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It corresponds to a metric to identify which are the factors that most impact economic growth, also finding the rate of technological progress of a business.

Therefore, the greater investment in research and education, the more effective growth accounting measurements will be for identifying technological progress.

Find out more about growth accounting here:

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4 0
2 years ago
____________ is the ability of a company to pay its debts as they mature. Liquidity Solvency Financial flexibility Insolvency
pshichka [43]

Answer:

Solvency

Explanation:

Solvency is defined as the ability of a company to meet it's long term financial obligations like having the ability to pay off debts as they mature. Solvency measures if a company is able to pay off it's debt in long term.

Although solvency and liquidity are similar, difference is liquidity is more concerned with paying off short term debts.

A company or firm is said to be solvent when the current assets exceeds current liabilities.

4 0
3 years ago
Read 2 more answers
Regarding to the location decision and supply chain management, a primary challenge is to address _______________ distribution.
luda_lava [24]
B. Centralized vs. decentralized
3 0
4 years ago
Josh and Pam have bought an older home that needs some repair. After budgeting a total of $1685 for home improvements, they star
Viefleur [7K]

Answer:

$210

Explanation:

Given:

Total budget = $1,685

Amount spent on small improvements = $425

The budget left after spending on small improvements

= Total budget - Amount spent on small improvements

= $1,685 - $425

= $1,260

Now,

the budget left is the maximum budget for the all 6 interior doors

Thus,

6 × max budget for single door = $1,260

or

Max budget for single door = $210

6 0
3 years ago
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