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
madam [21]
3 years ago
11

Billie jean has $120 to spend and wants to buy either a new amplifier for her guitar or a new mp3 player to listen to music whil

e working out. both the amplifier and the mp3 player cost $120, so she can only buy one. this illustrates the basic concept that
Business
1 answer:
TEA [102]3 years ago
6 0
<span>This illustrates the basic concept that a trade-off is sometimes needed. People can not always get exactly want they want and when this happens they must be willing to sacrifice something to get something back in return. Billy must choose between the guitar or new mp3 player. He will gain one of them but because the trade-off, he will lose the ability to get the other item.</span>
You might be interested in
A decrease in the demand for eggs due to changes in consumer tastes, accompanied by a decrease in the supply of eggs as a result
Mariana [72]

Answer:

a decrease in the equilibrium quantity of eggs; the equilibrium price may increase or decrease

Explanation:

Here are the options

a decrease in the equilibrium quantity of eggs and no change in the equilibrium price.

a decrease in the equilibrium quantity of eggs; the equilibrium price may increase or decrease.

a decrease in the equilibrium price of eggs; the equilibrium quantity may increase or decrease.

a decrease in the equilibrium price of eggs and no change in the equilibrium quantity.

Only a change in the price of a good leads to a movement along the demand curve of that good. Also, only a change in the price of the good would lead to an increase or decrease in the quantity demanded of that good.

Other factors other than the change in the price of the good would lead to a shift of the demand curve. Some of those factors include :

1. a change in consumers' expectation

2. a change in the taste of consumers

3. a change in income

A change in price of a good leads to a movement along the supply curve and not a shift of the supply curve.

Other factors other than a change in the price of the good would lead to a shift of the supply curve. Such factors include :  

1. A change in the price of input  

2. A change in the number of suppliers  

3. Government regulations  

A decrease in the demand for eggs would lead to a leftward shift of the demand curve for eggs. Price and quantity would fall as a result.

a decrease in the supply of eggs would lead to a leftward shift of the supply curve for eggs. Price would increase and quantity would fall.

Taking these two effects together, there would be a fall in equilibrium quantity and equilibrium price can either rise or fall depending on if demand or supply has a greater effect.

7 0
3 years ago
Which of the following methods improves the transition from one sentence to the next in a formal report?
IRINA_888 [86]

Answer:

The correct answer is letter "A": Using tabulations and enumerations.

Explanation:

There are several forms to improve the writing of a formal report. Using active voice, consistent sentences, and transitions in between sentences are some examples. When it comes to transitions they are useful to keep readers' interested. Implementing <em>tabulations and enumerations</em> at the beginning of a listing helps sentences to be linked one with another and provides the idea that after reading one sentence another is coming up.

7 0
3 years ago
Which of the following considerations is not involved in developing a corporate​ strategy?
8_murik_8 [283]
Developing a staffing plan for the upcoming production period is the <span>considerations is not involved in developing a corporate​ strategy. 

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
</span>
4 0
3 years ago
Which statement is not true about the minimum wage?
notsponge [240]

Answer:C

Explanation: regardless if they are foreigners or not they are still required to get paid minimum wage.

7 0
2 years ago
Read 2 more answers
​what is the term used to describe the assumption that everyone has heterosexual attraction and will eventually form a long-term
grandymaker [24]
Being straight? I would assume?
3 0
3 years ago
Other questions:
  • Thomas Marley Fitness Gym has $ 700 comma 000 of 20​-year bonds payable outstanding. These bonds had a discount of $ 77 comma 00
    7·1 answer
  • During December, Far West Services makes a $4,200 credit sale. The state sales tax rate is 6% and the local sales tax rate is 2.
    7·1 answer
  • On June 10, Concord Corporation purchased $8,050 of merchandise on account from Sarasota Company, FOB shipping point, terms 1/10
    13·1 answer
  • If oligopolistic firms facing similar cost and demand conditions successfully collude, price and output results in this industry
    5·1 answer
  • Meat Puppets Company purchased equipment for $7,200 on December 1. It is estimated that annual depreciation on the equipment wil
    6·1 answer
  • Bonds issued by the Coleman Manufacturing Company have a par value of $1,000, which of
    12·1 answer
  • How do we find an interest rate?​
    9·1 answer
  • If the Security and Exchange Commission finds any irregularities in the dealings of a financial securities firm, it can send a c
    5·1 answer
  • DO YALL KNOW NIKKI MANJ HAD A BBY<br><br> listen to alot a choppas remix wit her in it
    9·2 answers
  • Since 2009, the Age Discrimination in Employment Act: Multiple choice question. has been broadened to include those from 15-40 r
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!