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alexandr1967 [171]
3 years ago
10

Suppose that the prices of good A and good B were to suddenly double. If good A is plotted along the horizontal axis and good B

is plotted along the vertical axis:_______
a. the budget line will become flatter.
b. the slope of the budget line will not change.
c. the slope of the budget line will change, but in an indeterminate way.
d. the budget line will become steeper.
Business
1 answer:
Zigmanuir [339]3 years ago
7 0

Answer:

The correct answer is option b.

Explanation:

A budget line shows the maximum possible combination of two goods that a consumer can purchase by spending his/her whole income.  

The quantities of those two goods are mentioned on both the axes. If the price of both the products is doubled. The consumer will be able to afford half the quantity than what he was consuming earlier.  

This will cause the budget line to shift to the left. This new budget line will be parallel to the initial one. The slope of the budget line will remain the same.

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Sever21 [200]

Answer:

a) Process A is the bottleneck of the process

b) Hourly capacity = 60 / bottlenecktime = 60/25 = 2.4 units / hour

Explanation:

Part 1 is processed at A for 15 minutes and then at B for 10 minutes.

Thus part 1 take 15 + 10 i.e. 25 minutes two complete both processes

Part 2 is processed at C for 20 minutes.

Output from B and C i.e. part 1 and 2 respectively are fed to process D where the time taken to assemble is 15 minutes

Thus looking at the given data,

Part 1 takes longer time i.e. 25 minutes to reach process C compared to part 2 i.e. 20 minutes

So bottleneck occurs at process A and B because it takes maximum time i.e. 25 minutes

a) Process A is the bottleneck of the process

b) Hourly capacity = 60 / bottlenecktime = 60/25 = 2.4 units / hour

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Suppose Megan is considering emigrating from her home country.
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Answer:

a. emigrate

b. more

Explanation:

Immigration attractiveness is a factor that draws immigrants to a foreign country.  A country becomes more attractive when the economic prospects are brighter than at the home-country.  The degree of immigration law enforcement also helps to either attract or deter potential migrants.  In recent years, wars and misgovernment have propelled millions to move boundaries.  At the same time, countries are imposing migration restrictions by imposing and implementing strict laws.

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The ​short-run effect of consumers becoming more pessimistic will be for the
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Answer:

The correct answer is option A.

Explanation:

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This would cause a decline in consumer spending and the aggregate demand curve will move down to the left.  

An increase in consumer confidence, on the other hand, would cause consumer spending and aggregate demand to increase.

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Answer:

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It is clear that the company earlier already collected the money against it, but now as the note receivable was discounted with recourse that is it provided assurance to the financial institution, in case of any failure, thus, the company will pay back to the financial institution and that the company still have the right to receive it back from the note receivable.

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3 years ago
Choosing a computer that costs_____ instead of one that cost ____
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The correct answer is C, no doubt
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