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Sonbull [250]
3 years ago
15

Explain why individuals make choices that are directly on the budget constraint, rather than inside the budget constraint or out

side it.
Social Studies
2 answers:
mixas84 [53]3 years ago
8 0

They make choices that are directly on the budget constraint because it is an efficient point. It is the best that I can buy with my money. They don't make choices inside the budget constraint because it is not efficient since I can get a better result with my money. They don't make choices outside the budget  constraint because it is not possible since I don't have enough money to go outside my budget.

salantis [7]3 years ago
4 0

Individuals that make choices inside the budget constraint, allow them to save, but spending directly from the budget is what people do. Basically they will get the most use out of their income. If they maximize money, will maximy utility too.

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Answer:

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3 years ago
One of the biggest differences between a futures option and a futures contract is that:_______
Burka [1]

The biggest difference between options and futures exists that futures contracts need that the transaction specified by the contract must take place on the date specified. Options, on the other hand, provide the buyer of the contract the right — but not the obligation — to execute the transaction.

<h3>What is the difference between futures contract and options?</h3>

A futures contract is put into effect on the specified date. The buyer buys the underlying asset on this date. In the meantime, the buyer of an options contract is free to execute the agreement at any point before the expiration date.

You may therefore purchase the asset anytime you believe the circumstances are favorable. A futures contract gives the holder the option to purchase or sell a certain item at a predetermined price on a predetermined future date. Options allow the option to purchase or sell a certain asset at a specific price on a specific date, but not the obligation to do so.

Hence, The biggest difference between options and futures exists that futures contracts need that the transaction specified by the contract must take place on the date specified. Options, on the other hand, provide the buyer of the contract the right — but not the obligation — to execute the transaction.

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6 0
2 years ago
The major subdisciplines of forensic science what does a crime scene investigator do?
Mashutka [201]
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The correct answer to this open question is the following.

Unfortunately, you did not include further references or context to answer the question.

It is a general question, so we are going to answer it in general terms.

What I can do in fulfilling the expectations of the travelers is surpass their expectations. That is a key principle in managing operations in the hospitality industry. When traveler's expectations are surpassed it is probably that they become your frequent clients. And that is what every single hospitality company desires.

When people pay for a trip or tour, maybe a flight, they know what they are supposed to receive, according to the price they pay. But when they receive more for what they paid, that is when people love it and enjoyed it. That is surpassing expectations.

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gayaneshka [121]

Answer:

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