An increase in a consumer's income will increase the slope of the consumer's budget line.
<h3>
What is a budget line?</h3>
- The budget line sometimes referred to as the budget restriction, displays every combination of two commodities that a client is able to afford at the current market pricing and within their specific income range.
- The budget line is a graphical representation of every combination of the two commodities that may be purchased using the given income and cost, with the price of each combination being equal to the customer's monetary earnings.
- It's critical to remember that the slope of the budget line corresponds to the cost-to-volume ratio of two commodities.
- The slope of the budgetary restriction is very significant.
<h3>Increase in the slope of the budget line:</h3>
- A rise in income allows consumers to purchase more of both goods, which causes the budget line to shift outward, or to the right (slope increases).
Therefore, an increase in a consumer's income will increase the slope of the consumer's budget line.
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It decreases the need for leaders to be fully present and listen actively if they are working with another leader.
Stage of Group Transition Some people call this the "Storming" stage. Anxiety, resistance, defensiveness, control concerns, disputes among group members, issues with the leader, etc. are characteristics of this stage. It is the responsibility of leaders and followers to identify and manage tension, conflict, and resistance. Going outside of your comfort zone is what it is to take chances. Risk-taking is a human tendency ingrained in leaders and plays a significant role in their lives. Taking risks might vary depending on the leader's age, generation, and financial situation. It spreads to take risks.
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Answer:b. This is a common occurrence. The policymaker knows the best policy but chooses not to institute it for other reasons
Explanation:Policymakers are usually politicians and politicians always consider what is most favoured by the public which is likely to score them more fans and anything that is popular amongst the public they will support so that they win more voters other than that they will neglect even the best policy if it means they may lose their voters.
Answer:
B) Theory of national competitive advantage
Explanation:
The diamond theory of national competitive advantage was developed by Michael Porter. It states that a country must focus on the attributes and industries that allow it to outperform other competing countries.
In this case, Sentoria is in the middle of the Pacific Ocean, so its main industry should be related to seafood. What else could they export?
Computer Chips are very small pieces of semiconducting material that contain integrated circuits.
