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lions [1.4K]
3 years ago
13

Which of the following statements is correct?

Business
1 answer:
musickatia [10]3 years ago
7 0

Answer:

Correct option is B.

A budget line shows the limits to what a consumer can buy

Explanation:

In economics, a budget line represents all the combinations of goods and services that a consumer may purchase given current prices within his or her given income. Consumer theory uses the concepts of a budget constraint and a preference map to analyse consumer choices.

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Jacob lost his wallet but did not report his credit card lost until 3 days later. When he checked his balance, he saw 5 unauthor
NemiM [27]
Jacob will be paying because he should have reported it stolen.
3 0
3 years ago
Explain how the actions listed under the expansionary policy increases the supply of money
Gekata [30.6K]

Expansionary is a macroeconomic policy that seeks to expand the money supply to encourage economic growth or combat inflation (price increases). ... One form of expansionary policy is fiscal policy, which comes in the form of tax cuts, transfer payments, ... Monetary policy: Actions of a central bank or other committees

:333333333333

4 0
3 years ago
If a game is not sold out, the marginal costs to a team accommodating one more fan is(a) Almost infinite.(b) Half the average ti
rosijanka [135]

Answer:

(c) Essentially zero.

Explanation:

The cost of accomodating one more fan in a stadium that is not at full capacity (the game is not sold out) is almost zero because the stadium has the infraestructure to accomodate hundreds or thousands of fans.

The only cost is probably cleaning after the fan in case he or she throws away something in in or around his or her seat.

4 0
3 years ago
"For the next three questions, assume there is $20 per unit tax levied on the consumers of guitars. What price will buyers pay a
zloy xaker [14]

Answer:

The consumer will pay $200 after the tax is imposed.

Explanation:

if the tax of $20 per unit is levied on the consumers of guitars, thenthe demand: P = 300 - 0.5*Q

180 + 20 = 300 - 0.5*Q

Therefore, The consumer will pay $200 after the tax is imposed.

5 0
3 years ago
Which of the following is an example of a non-profit organization?
never [62]

Answer: Salvation army

Explanation: Non profit organisations are those organisation, which perform their operation with the objective of social welfare or charity.

Salvation army is a charitable organisation having more than 1.7 million members all over the world, whom they refer to as soldiers. This organisation mainly serves to the poor and hungry.

Thus, we can conclude that the right option is D.

4 0
3 years ago
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