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enot [183]
3 years ago
15

The budget line shows

Business
1 answer:
geniusboy [140]3 years ago
8 0

Answer:

The correct answer is option C.

Explanation:

The budget line is also known as the budget constraint. It shows all the combinations of two goods that a consumer can afford to purchase with his limited income. All the points in the budget line different combinations of goods at which the cost of purchasing those goods is equal to consumer's total money income.  

The consumer can not purchase the bundles above the budget line because their purchase cost is higher than his income. Though the consumer can purchase the bundles lying below the budget line but they represent allocative inefficiency.

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Daniel is resigning from his position as a marketing specialist and would like a permanent record of her official resignation. W
Damm [24]

Answer:

a. Letter

Explanation:

A letter is written communication from one party to another. Letters are written on a designated paper, put in an envelope and send either by post or hand-delivered.

A letter can be formal or informal. Daniel should write a formal letter to his boss informing him of his resignation. Should Daniel write a letter, It will an official document in the company. The company will be file the document appropriately and will stay intact for many years.

Daniel can also keep a copy of the letter for himself. A letter has an advantage over the other electronic options. Electronic records can be deleted permanently or get lost should the systems collapse.

4 0
3 years ago
Which of the following is NOT a typical strategy for firms to obtain benchmarking data about other companies?a. Hiring former em
Paha777 [63]

Answer:

a. Hiring former employees from other companies and assessing their knowledge.

Explanation:

"Benchmarking" is<em> a process conducted by a company when it wants to compare its performance with other competitors.</em> In order to do this, the company needs to look into <em>specific metrics</em> and<em> </em>approaches in order to analyze their company's operation and how well it does compared to others.

Hiring former employees from other companies and assessing their knowledge is not a typical/common strategy in order to obtain benchmarking data. Not many companies would like to rehire and if they ever do, it will be hard to use the benchmarking data since the former employee's company might be totally different from yours. Remember that competitive benchmarking is only done when you want to compare with your<u> competitors in the same field of business.</u>

6 0
3 years ago
In 1976, ron wayne sold his 10% ownership of which company for $800? walmart
Allisa [31]
Ron Wayne or Ronald Gerald Wayne sold 10% of his ownership of the Apple Computer (now Apple Inc.)  in 1976 for $800. He is a retired American Electronics Industry worker that have co-founded the Apple Computer together with Steve Wozniak and Steve Jobs. He was responsible for giving administrative oversight for the venture of the new company during that period. If he had kept his shares, he would have gained $75.5 billion worth of shares from the said company. 
3 0
3 years ago
Assume the following data for a country: Category Number of People, Millions Total population 500 Population under 16 years of a
Aleonysh [2.5K]

Answer:

230 people

Explanation:

a. What is the size of the labor force

The labor force is the sum of the number of employed and unemployed, unemployed meaning people who lack employment, but who want to work, and are looking for a job.

First we substract the people that is not in the labor force, and those under 16 years of age from the total population: 500 - 120 - 150 = 230.

Of this figure, 150 people are unemployed, 23 are part time workers looking for full time employment (they are employed), and the rest: are 57 employed people.

So the size of the labor force is effectively 230 people.

4 0
3 years ago
Anita Job is the new Treasury Secretary, and she is trying to interpret the inflation measures for two consecutive years. In yea
sladkih [1.3K]

Answer:

Anita uses <em>Consumer Price Index (CPI) </em>as the term to describe the change in the price level from year one to year two.

Explanation:

<em>Since Inflation is measured as the rate of change of those prices from 9% in year 1 to 5% in year 2.  The most well-known indicator of inflation is the</em> <em>Consumer Price Index (CPI), which measures the percentage change in the price of a basket of goods and services consumed by households.</em>

<em>Therefore, the Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them</em>

4 0
4 years ago
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