All categories

4 years ago

What is a budget constraint and what is the formula

1 answer:

3 0

<span>Represents all the combinations of goods and services that a consumer may purchase given current prices within his or her given income.

the formula is y=Pb B + Pw W
</span>
Hope that helped!

You might be interested in

Review the blog: Cell-Phones Only---Whom Should Polls Call and answer the following questions: How might an organization like Pe

denis23 [38]

Answer:

Pew Research can get an accurate estimate by calling both cell phones and landlines. This is to also include some sample of the population that can be reached only through landlines.

Explanation:

When surveying a population for a particular factor or trait, a sample that is representative of the true population must be used. If Pew Research wants to get a correct estimate of the number of households using only cell phones, they need to also recognize the sample of the population that use landlines.

A small percentage of households still use landlines and these should be accounted for in any research or survey. Therefore, landlines should be used to reach households that use only landlines.

6 0

3 years ago

National Geographic Magazine brought a bit of nature to New York as part of a week-long event promoting the magazine's cover sto

stiks02 [169]

Answer:

public relations

Explanation:

Promotional mix is the combination of various promotional methods by a business to meet its set goals.

It is made up of the following elements: advertising, sales promotion, public relations, personal selling, and direct marketing.

In the given scenario an invitation to news media to attend an interactive photography exhibit, which celebrated international and national parks is an attempt to improve the public relations of the event.

The news media is expected to publicise the event thereby meeting the Magazine's public relations need.

5 0

3 years ago

What can a pure market economy also be called

bonufazy [111]

A pure market economy is also called capitalism. or pure capitalism.

4 0

4 years ago

A major difference between ifrs and gaap relates to the revaluation surplus account. retained earnings account. share premium ac

AleksAgata [21]

A major difference between IFRS and GAAP relates to the A Revaluation Surplus Account.

A revaluation reserve is an equity account that stores changes in the value of fixed assets. If the revalued assets are subsequently disposed of by the company, the remaining revaluation reserve is credited to the company's retained earnings account.

This reserve is only used when the organization prepares its financial statements in accordance with International Financial Reporting Standards. No revaluation reserve is allowed for companies using generally accepted accounting principles.

A revaluation reserve is an equity account that stores changes in the value of fixed assets. If the revalued assets are subsequently disposed of by the company, the remaining revaluation reserve is credited to the company's retained earnings account.

Learn more about Revaluation here: brainly.com/question/19908089

#SPJ4

3 0

2 years ago

Item 29Item 29The Creamery is analyzing a project with expected sales of 5,700 units, ±5 percent. The expected variable cost per

GREYUIT [131]

Answer:

$467,023

Explanation:

The operating cash flow is shown below:

= EBIT + Depreciation - Income tax expense

where,

EBIT = (Selling price per unit - variable cost per unit) × number of units - fixed cost

= ($339 - $168) × 5,700 units - $425,000

= $549,700

Income tax expense = (Selling price per unit - variable cost per unit) × number of units - fixed cost × tax rate

= ($339 - $168) × 5,700 units - $425,000 × 0.21

= $115,437

And, the depreciation expense would be

= Depreciation expense × tax rate

= $156,000 × 0.21

= $32,760

Now put these values to the above formula

So, the value would equal to

= $549,700 + $32,760 - $115,437

= $467,023

8 0

4 years ago