1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
katovenus [111]
3 years ago
15

Suppose Alphonso’s town raised the price of bus tickets to $1 per trip (while the price of burgers stayed at $2 and his budget r

emained $10 per week.) Draw Alphonso’s new budget constraint. What happens to the opportunity cost of bus tickets?

Business
1 answer:
solong [7]3 years ago
4 0

Answer:

(attached graph)

The increase in the ticket price makes the budget line slope to decrease. There will be less ticket available for Alphonso.

The increase in the bus tickets makes the opportunity cost of the hamburger to decrease as now, consuming an hamburger will make Alphonso renounce to a lesser amount of bus tickets. As the the opportunity cost is the goods or services we don't consume in favor for those we do.

Explanation:

You might be interested in
The u.s. economy constantly cycles through periods of expansion and contraction based on financial, political, and geopolitical
astraxan [27]
Does it it give you answer choices ?
6 0
3 years ago
the difference between the actual quanity and the standard quanity, multiplied by the standard price is the
dalvyx [7]

Answer: Direct materials quantity variance.

Explanation:

Direct Material quantity variance is the difference between the actual quantity of materials used in production and the standard quantity that was supposed to be used, multiplied by the standard price of the material.

It is a method that checks the company's efficiency is being able to use raw materials to produce goods. If the Actual quantity needed is greater than the Standard quantity, this will be considered an Unfavorable Variance and mean that the company was not efficient in using the materials.

Causes of this can be low quality of materials and inadequate employee training.

6 0
3 years ago
Problem 15-10 The term structure for zero-coupon bonds is currently: Maturity (Years) YTM (%) 1 4.1 % 2 5.1 3 6.1 Next year at t
lutik1710 [3]

Answer:

Explanation:

a.) What do you expect the rate of return to be over the coming year on a 3-year zero-coupon bond? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Expect the rate of return to be over the coming year on a 3-year zero-coupon bond = 6.1%

b) Under the expectations theory, what yields to maturity does the market expect to observe on 1- and 2-year zeros at the end of the year?(Round your answers to 2 decimal places. Omit the "%" sign in your response

Yields to maturity does the market expect to observe on 1-year at the end of the year = (1+5.1%)^2/(1+4.1%) - 1  = 6.11%

Yields to maturity does the market expect to observe on 1-year at the end of the year = 6.11%

Yields to maturity does the market expect to observe on 2-year at the end of the year = ((1+6.1%)^3/(1+4.1%))^(1/2) - 1

= 7.11%

Yields to maturity does the market expect to observe on 2-year at the end of the year = 7.11%

2b) Is the market's expectation of the return on the 3-year bond greater or less than yours?

Greater

3 0
3 years ago
When Jane wanted to buy jewelry for her wedding, she decided to purchase it from a store that her mother patronized. She didn't
Serga [27]

Hey! How are you? My name is Maria, 19 years old. Yesterday broke up with a guy, looking for casual sex.

Write me here and I will give you my phone number - *pofsex.com*

My nickname - Lovely

8 0
3 years ago
When a company attempts to appeal to the same target market across countries, for example, by using the same images and copy on
maksim [4K]

Answer:

Country culture

Explanation:

In international marketing and advertising, most of the big companies which have their branches all over the world and sell their products across the continents uses country culture to target the same market across the countries.

For example, BMW tried to bridged the cultural gap by advertising which appeals to same target market across the countries, but the only thing which changes is its language.

5 0
3 years ago
Other questions:
  • A construction company provides hard hats to employees working at a construction site. This measure taken by the company for its
    9·2 answers
  • The goals scored per game by a soccer team represent the first quartile for all teams in a league. what can you conclude about t
    15·1 answer
  • What is consumer credit?
    8·1 answer
  • Which of the following statements about health insurance is false
    11·1 answer
  • our broker mailed you your yearminusend statement. You have​ $25,000 invested in​ Amazon, $18,000 tied up in​ Boeing, $36,000 in
    13·2 answers
  • 1. Lily operates a gift shop and has a lot of inventory to manage. She counts inventory once every 4 weeks. Preparing and placin
    15·2 answers
  • The point that each glass of lemonade consumed on a hot day brings lower and lower levels of satisfaction is known as the princi
    14·1 answer
  • In considering the market for yen and dollars, when the dollar depreciates:_________
    13·1 answer
  • What are the marketing objectives when a product is at the introduction stage?
    11·2 answers
  • The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: Cash balance
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!