Answer:
Explanation:
Select the correct answer from the drop-down menu.
Which type of college credit program does the statement describe?
In a(n) _____________
program, a student must pass an exam at the end of course with a 3 out of 5 in order to get college credit. Some colleges require even higher scores or they will not accept the credit.
<h2>Hey there! </h2>
<h2>I guess the correct option is:</h2>
<h3>"for profit" </h3>
<h2>Explanation:</h2>
<h3>As it is already said that Tamalika usually expects for an enough profit for the next year. So, I guess the correct answer will be "for profit" </h3>
<h2>Hope it help you </h2>
Answer:
Option (a) is correct.
Explanation:
U(x1, x2) = x1x2
Income = 100 dollars
Therefore,
Alex budget constraint is $100.
(a) (12.5, 12.5)
Cost of this bundle = 12.5 × $4 + 12.5 × $4
= $50 + $50
= $100
(b) (25, 12.5)
Cost of this bundle = 15 × $4 + 10 × $5 + 12.5 × $4
= $60 + $50 + $50
= $160
This bundle is not possible because of budget constraint.
(c) (12.5, 25)
Cost of this bundle = 12.5 × $4 + 25 × $4
= $50 + $100
= $150
This bundle is not possible because of budget constraint.
(d) (15, 10)
Cost of this bundle = 15 × $4 + 10 × $4
= $60 + $40
= $100
Hence, it is possible to buy bundle (a) and (d).
Utility function for (a) and (d) bundle:
(a) (12.5, 12.5)
Utility = 12.5 × 12.5
= 156.25
(d) (15, 10)
Utility = 15 × 10
= 150
Therefore,
Alex will choose bundle (a) (12.5, 12.5) because this will give maximum utility.
Answer:
The answer is C. international trade
Explanation:
International trade is the exchange of goods and services between countries.