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 desire for a product class rather than for a specific brand is called __________ demand.
sveta [45]
The desire for a produsct class rather than for a specifik brand is called selective demand
8 0
2 years ago
Instead of treating mobile commerce and traditional retailing as separate retail channels, the National Retail Federation recomm
Hitman42 [59]

Answer:

Omni-channel

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question the integrated strategy being described within the question is called Omni-channel retailing. This is a strategy that emphasizes simultaneous communication between different communication channels and their supporting resources in order to provide a better user experience.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
Cartels are difficult to maintain because a. ​the monopoly output is very difficult to determine. b. ​the number of firms is alw
Ostrovityanka [42]

Answer:

The correct answer is option d.

Explanation:

Cartels are generally formed in oligopoly markets. In such markets there are few firms which are interdependent. So, they form cartels to enjoy monopoly power.

Though cartels are generally short lived and difficult to maintain. The reason behind this is that each firm has the incentive to deviate and produce more than their quota in order to capture more market share.

So, option d is the correct answer here.

6 0
3 years ago
__________ unemployment refers to persons who purposefully quit their jobs and have not yet found a new job.
Westkost [7]
It would be frictional unemployment
6 0
3 years ago
An investor has $50,000 in cash to put a $5,000 down payment on 10 different homes valued at $50,000 each and will finance the r
scZoUnD [109]

Answer:

d. leverage

Explanation:

Leverage -

It is a type of investment strategy , where the borrowed money is used .

It is the method by which the firm or an organisation is expanded by using the borrowed money as the capital and funding , is referred to as leverage  .

Hence , from the given scenario of the question,

The person uses borrowed money to increase the potential return of an investment .

Hence , from the question,

The correct term is leverage .

3 0
3 years ago
Other questions:
  • when your combining like terms and there is only a negative outside of the parethisis what do you do??
    8·2 answers
  • I tend to be skeptical in dealing with others at work
    9·1 answer
  • The "death benefit" associated with a variable annuity contract means that if the contract holder dies:__________.
    8·1 answer
  • For each of the following​ accounts, identify whether that item is an​ asset, liability, or equity account. Account Classificati
    15·1 answer
  • On June 1 st a hotelâ s balance sheet shows assets of $6,400,000 and ownersâ equity of $2,000,000 what is the amount of the hote
    7·1 answer
  • Which economic player did John Maynard Keynes feel was capable of restarting the economy during the Great Depression
    13·1 answer
  • Assume a single taxpayer is taxed at 10% on the first $9,275 of taxable income, 15% on the next $28,375 of income, and at 25% fo
    15·1 answer
  • On July 1, 1992, York Co. purchased as a held-to-maturity investment $1,000,000 of Park, Inc.'s 8% bonds for $946,000, including
    7·1 answer
  • Sally has a pizza restaurant and sells 30 pizzas for $5 each. Jim has a pizza restaurant around the corner from Sally, and he se
    6·1 answer
  • Investing in stocks and bonds is risky because it is possible to lose all or part of your principal.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!