Answer:
1 unit of X must be sacrifised to gain a unit of Y, with satisfying Budget Constraint .
Explanation:
Budget Line shows the product combinations that a consumer can buy with given prices & money income (spending all) . Equation : P1X1 + P2X2 = M
Price ratio slope of the budget line i.e = P1/P2 : shows the amount of a good needed to be sacrifised to gain a unit of the other good , given prices & income.
So, Price Ratio : PX / PY = 2 / 2 = 1 in this case; implies 1 unit of Good X is needed to be sacrifised to gain a unit of good Y with given prices & income.
A law that makes illegal an act that was legal when committed, hope this helps.
Answer:
Yeah it's good in some ways coz it helps in life time but sometimes it's useless coz even if you finish your college sonetimes it's hard to find a job
We see that for every 8 sandwiches that the customer needs, he will pay for 5. Lets see how many groups of 8 sandwiches the order of 675 sandwiches contains. If we do Euclidean Division we see that there are 84 groups of 8 and that three sandwiches are the remainder. 675/8=84.375; Hence we have 84 groups and 0.375*8=3 sandwiches that remain. Thus, the customer would play for 84*5= 420 sandwiches if he had ordered 84 groups of 8 (namely 672 sandwiches). Since he needs another 3 sandwiches and there is no promotional offer for those, he will have to pay in total for 423 sandwiches. It is important to not divide the total number by 8 and then multiply it by 5; the customer gets the free sandwiches only if he completes an offer of 5 sandwiches, thus we have to group the sandwiches in octads and deal with the remainder separately.
Answer:
$2,000
Explanation:
Given:
Weekly payroll = $5,000
Number of working days for which wages are paid from Monday to Friday = 5
Wages paid per day = 
or
Wages paid per day = 
or
Wages paid per day = $1,000
Thus,
from Monday to Tuesday total wages paid
= Wages per day × Number of days
= $1,000 × 2
= $2,000
Hence, the amount of Wages Expense that should be recorded on that date is $2,000
