Answer:
represent the quantity of each good that could be purchased if all of the budget were allocated to that good.
Explanation:
The budget line is a graph which shows the two combinations of goods a consumer can consume given price and income level
<u>Properties of the budget line </u>
- When income increases, the budget line shifts outward and shifts inward when income decreases
- the horizontal and vertical intercepts represent the quantity of each good that could be purchased if all of the budget were allocated to that good.
- the budget line is a straight line. This indicates that the marginal rate of substitution is constant
- the budget line is negatively sloped
The answer to the given question above would be option C. The reason why research <span>and development is an integral part of the designing and producing process of an aerospace product is that, the </span><span>aerospace industry is constantly pushing the limits of technology. Hope this answers your question.</span>
Answer:
The statement that “Government inputs, especially the 1825 Erie Canal and subsequent projects like the Chesapeake and Ohio Canal, created an economic advantage for the Northern states because the expense and time of moving freight dropped radically,” is True.
Explanation:
This is on the grounds that tax collection doesn't devastate the economy. Actually, they give income to the administration through which the legislature can back its improvement and government assistance ventures. In addition, burdens additionally fill in as an arrangement of salary re-conveyance for accomplishing higher fairness in an economy. What's more, in antiquated occasions refrigeration was finished utilizing ice-houses and so on.
Answer:
A. demographics
Explanation:
"Demographics" refers to the groups that people can be separated in to based on different factors such as those listed (age, income, family size, occupation, etc).
