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Naddik [55]
3 years ago
5

The slope of the _________________ is determined by the relative price of the two goods, which is calculated by taking the price

of one good and dividing it by the price of the other good.A) personal preferenceB) utility levelC) budget constraintD) opportunity set
Business
1 answer:
sleet_krkn [62]3 years ago
8 0

Answer:

C) budget constraint

Explanation:

The budget constraint is a graph of all the combinations of goods and services a consumer can purchase given prices and income of the consumer.

The absolute slope of the budget constraint is the relative price of the two goods represented on the graph.

I hope my answer helps you

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The government of Ugania had been extending huge amounts of loans to the business enterprises in the country. However, the borro
coldgirl [10]

Answer:

b) economic

Explanation:

Economic risk can be described as the probability that investment in the home country will be affected by changes in exchange rates, a political instability, a change in government regulation or policy, or any other macroeconomic conditions especially in a foreign country.

Despite that the government of Ugania has been trying to stimulate its economy extending huge amounts of loans to the business enterprises in the country, the failure to generate the profits necessary to repay their debts by borrowers likely due to be that the business enterprises in Ugania are most likely to facing economic risk.

7 0
4 years ago
Jack, Jamie, Ronnie, and Stephan own the only computer software manufacturing companies in the country. When Jack increases the
Likurg_2 [28]

Answer: Perfect Competition

Explanation:

This is a situation prevailing in a market in which buyers and sellers are so numerous and well informed that all elements of monopoly are absent.

6 0
4 years ago
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Renee paid $4,000 in mortgage interest on a $110,000 mortgage that was taken out when she bought her home several years ago. She
ruslelena [56]

Answer:

The amount that is deductible as interest expense for Renee in 2021 is:

= $4,000.

Explanation:

a) Data:

Home mortgage - $110,000

Interest on home mortgage = $4,000

Home equity loan for a cruise around the world = $130,000

Interest on the home equity loan = $8,000

Deductible interest expense for Renee in 2021 is $4,000

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4 0
3 years ago
You plan to construct a restaurant on a 20,000 square foot lot
labwork [276]

Answer:

8,000 square foot

Explanation:

Total space available 20,000 square foot.

60 percent  to be used. space left?

If 60% is will be used, only 40% will be availble for construction.

40% of 20,000= 40/100x 20,000

                          =0.4 x 20,000

                          =8,000 square foot

6 0
4 years ago
What does a money market account offer that a certificate of deposit (CD)
ruslelena [56]

Answer: A. You can withdraw money at any time.

Explanation:

4 0
3 years ago
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