1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
shtirl [24]
3 years ago
7

If the quantity of good A (Q A) is plotted along the horizontal axis, the quantity of good B (Q B) is plotted along the vertical

axis, the price of good A is P A, the price of good B is P B and the consumer's income is I, then the slope of the consumer's budget constraint is ________.
Business
1 answer:
kozerog [31]3 years ago
3 0

Answer:

The slope of the consumer's budget constraint is -PA/PB.

Explanation:

The quantity of good A (Q A) is plotted along the horizontal axis, the quantity of good B (Q B) is plotted along the vertical axis.

The price of good A is PA, the price of good B is PB and the consumer's income is I.

The budget line represents the maximum possible bundles of two goods that a consumer can afford by spending his total income. The slope of the budget line will be the ratio of the prices of two goods. It represents the quantity of a good that the consumer needs to sacrifice to increase the consumption of the other good.

So the slope of the budget constraint will be -PA/PB.

You might be interested in
Weighted Average Method, Unit Cost, Valuing Inventories Applegate Enterprises produces premier raspberry jam. Output is measured
iris [78.8K]

Answer:

1. 780,000 pints

2. $1

3. $780,000

Explanation:

1. The computation of the equivalent units of production is shown below:

= Units completed and transferred out + completed units in ending inventory  × completion percentage

= 700,000 pints + 200,000 pints × 40%

= 780,000 pints

2. The computation of the unit cost for January month is shown below:

= (Beginning Work in process + Costs added during January) ÷  equivalent units

= ($156,000 + $624,000) ÷ (780,000 pints)

= $1

3. The computation of the assigned units is shown below:

= Units completed and transferred out × unit cost + completed units in ending inventory  × completion percentage × unit cost

= 700,000 pints  × $1 + 200,000 pints × 40% ×$1

= $780,000

3 0
3 years ago
15 points and brainliest!!! Please help... Suzanne is an archaeologist working on the uncovered site of an old
KATRIN_1 [288]

Answer:

A Master's Degree In Anthropology

5 0
2 years ago
What can I do to block out screaming/ fighting parents?
Triss [41]

Answer:

Tell them to shut up and let you do your work

Explanation:

5 0
3 years ago
Read 2 more answers
Hayduke Corporation reported the following results from the sale of 5,000 units in May: sales $300,000, variable costs $180,000,
bazaltina [42]

Answer:

4,444.44 units

Explanation:

For the computation of Number of units to be sold to earn target profit first we need to follow some steps which are shown below:-

Selling price per unit = Sales ÷ Number of units sold

= $300,000 ÷ 5,000

= $60

Variable cost per unit = Total variable cost ÷ Number of units sold

= $180,000 ÷ 5,000

= $36

Increase in selling price = $60 × 5%

= $3

New selling price per unit = $60 + $3

= $63

New contribution margin per unit = New selling price per unit - Variable cost per unit

= $63 - $36

= $27

Number of units to be sold to earn target profit = (Fixed cost + Target profit) ÷ Contribution margin per unit

= ($90,000 + $30,000) ÷ $27

= $120,000 ÷ $27

= 4,444.44 units

7 0
3 years ago
Which of the following assists companies in raising capital, advise firms on major transactions such as mergers or financial res
o-na [289]

Answer:

Investment banks.

Explanation:

Investment banking is the financial service described in the paragraph, could be a company or a division of it, dedicate it to give advisory about financial transactions, raising capital, even-though restructuring and mergers activities.

6 0
3 years ago
Other questions:
  • Which of the following is an example of a conflict of interest? A. A manufacturing company hires many employees. B. A worker has
    11·2 answers
  • Brand awareness facilitates decision-making and is especially important for which type of consumer goods?
    7·1 answer
  • Which of the following is not a common term for a mortgage loan? A. 30 years B. 20 years C. 15 years D. 10 years
    6·1 answer
  • Larsen Corporation reported $200,000 in revenues in its 2021 financial statements, of which $66,000 will not be included in the
    15·1 answer
  • Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% return fro
    11·1 answer
  • Steve's stock portfolio makes a five percent gain and he sells a portion of his holdings. Under which heading on the chart would
    8·1 answer
  • A cash equivalent is:____.
    6·1 answer
  • The inventory costing method that reports the earliest costs in ending inventory is:_______
    10·1 answer
  • After the stomach food passes through
    14·1 answer
  • 20 points easy …………………….
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!