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3 years ago

Alex and Becky Fogarty live in Swarthmore, PA. Becky's father, Clancy, lives in Sweden.

Business

1 answer:

RUDIKE [14]3 years ago

4 0

Answer:

1. Becky gets a new video camera made in the United States - consumption (C)

This purchase is included in consumption because Becky, who lives in PA, bought a domestically produced product.

2. The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore - government purchases (G)

Government purchases is also known as government spending, and state investment in a highway is a form of government spending.

3. Alex buys a sweater made in Guatemala - imports (M)

Alex is an American who lives in PA, and bought a good made in Guatemala, a foreign country. Thus, his purchase is an import.

4. Becky's father in Sweden orders a bottle of Vermont maple syrup from the producer's website - exports (X)

The father lives in Sweden, and has purchased a good made in America. The good is an export.

5. Alex's employer upgrades all of its computer systems using U.S.-made parts - investment (I)

The employer has made a private investment with the hope of obtaining more economic profit in the future. This is an investment.

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The flow of information and ideas from one person to another involving a sender method of transmitting the idea or content and r

Deffense [45]

Answer:

Communication

Explanation:

Communication is the exchange and flow of information and ideas from one person to another; it involves a sender transmitting an idea, information, or feeling to a receiver

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2 years ago

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

sleet_krkn [62]

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

8 0

3 years ago

A bank advertises a 3/1 ARM at 4.65% with a 3/9 cap. . . What is the maximum interest rate that can be charged during the fifth

IRINA_888 [86]

"a 3/1 ARM" means starting at a fixed interest rate for the first 3 years and the interest rate will adjust every year after the first three years up to the part where it mentions a "3/9 cap". This on the other hand tells us that the increase will be 3% each time there is an interest rate increase and the max increase is 9%. Hence the answer is 9%

8 0

2 years ago

Wood County Hospital consumes 1,000 boxes of bandages per week. The price of bandages is $35 per box, and the hospital operates

jarptica [38.1K]

Answer:

= $367.34

Explanation:

Economic order quantity (EOQ) is the order quantity that minimizes the balance of holding cost and ordering cost. At the EOQ, the holding costs are equal to the ordering costs.

EOQ = (2× Co× D)/Ch

Total relevant cost of inventory = ordering cost + Holding cost

Step 1

Total cost of inventory under EOQ

EOQ for Wood County

EOQ = 2√(2× 15 × 1000× 52)/(15%× 35)

= 545.10 units

ordering cost =( (1000× 52)/ 545.10 ) × 15 = 1,430.90

Holding cost = ( 545.10/ 2) × 15% × 35 =1,430.90

Total cost =1430.90 + 1430.90= $2,861.81

Step 2

Total cost of inventory using order size of 900 boxes

ordering cost =( (1000× 52)/900 ) × 15 = 866.66

Holding cost = (900/ 2) × 15% × 35 = 2,362.5

Total cost = 866.66 + 2,362.5 = $3,229.16

Step 3

Calculate in savings in total costs

Savings = Difference in total inventory cost of EOQ order size and 900 boxes order size :

=$3,229.16-$2,861.81

= $367.34

Savings = $367.34

3 0

2 years ago

Suppose that video game discs are a normal good. If the incomeof video game players increase, you predict that in the market for

arlik [135]

Answer:

Option (D) is correct.

Explanation:

It was given that video game is a normal good. We know that there is a positive relationship between the demand for a normal good and income of the consumer, hence, if there is an increase in the income level of the consumer then as a result the demand for a normal good increases which shifts the demand curve for normal good rightwards.

Therefore, this will lead to increase both equilibrium price and equilibrium quantity in the market for video games.

5 0

2 years ago