Answer:
b. The slope of the budget constraint is the same for each woman.
Explanation:
Budget Line is the combination of two goods that a consumer can buy, given prices & money income (all spent).
Equation : p1x1 + p2x2 = m ;
where p1 & p2 are price of good 1 & 2 , x1 & x2 are quantities of good 1 & good 2 , m = money income
- Abby's Budget Line : 5I + 8N = 80
- Bobbi's Budget Line : 5I + 8N = 60
- Deborah's Budget Line : 5I + 8N = 40 [ I = Icecream, N = Novel ]
Slope of Budget Line represents change (sacrifise) of a good needed to get change (gain) of other good, given same prices & income.
Slope = ΔY/ΔX = Px / Py
Since prices are same for each woman, price ratios & hence the slope of budget line will also be same for all of them.
Answer:
We always go to the store to buy food.
Explanation:
Yet somehow come out with a hole new wardrobe, new furniture, and a pet snake. This is because of the store's market. They make prices look phenomenal even if they really aren't great. They make the items look like things that you absolutely cannot live with out. Making you basically buy the whole store!
Hope this helped <3! Brainliest? :)
Answer:
Gain reported in 2019 is $200,000
Explanation:
The amount gained on Diamond's shares in 2017= (60-50)* 10,000= $100,000
Amount gained on Diamond's shares in 2018= (65-60)* 10,000= $50,000
Amount gained in 2019= (70-65)* 10,000= $50,000
So total gain reported in 2019= 100,000+ 50,000+ 50,000= $200,000
Every human has a desire for better standards of living. For this, they need to change with their desires and wants for the better in terms of food, clothing, and living
A. True. i believe the answer is A
