Every point on budget line graph represents each number of possible unit that can be purchased with a given income.
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What is a budget line graph?</h3>
Budget line graph shows series of combinations of two products that can be consumed by an individual at a given price and income.
- Budget line is said to be a constraint line graph because an individual cannot go beyond the limits of consumption.
- Each unit of goods is indicated on the graph using with a dot and only the combination of the two goods that falls within budget can be purchased.
Therefore, every point on budget line graph represents each number of possible unit that can be purchased with a given income.
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Answer:
Explanation:
The cost equation is shown below:
Y = Constant + Volume × Independent variable
where,
Y = operating costs
And, The other items values would remain the same
Now put these values to the above formula
So, the value would equal to
= $170 + 2,300 units × $260
= $170 + $598,000
= $598,170
Hence, the cost equation is displayed above and the operating costs are $598,170
Answer:
budget enough money for attractive pay levels.
Explanation:
Answer:
5.55%
Explanation:
risk premium = market rate of return - risk free rate
8.35 - 2.8 = 5.55
Answer:
Investment D would have the lowest present value
Explanation:
A is smaller compared to E, This is because the money comes in later
The same argument holds for B and C, that is, B is lower compared to C because the money comes in later too.
A is also lower than B, this is because of the annuity to be received later is larger.
D is just one payment, which means D is the right answer compared to A
This means investment D would have the lowest present value compared to all other investment choices.
