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Inessa05 [86]
3 years ago
11

For m > p2, the demand functions for goods 1 and 2 are given by the equations, x1 =m/p2 - 1 and x2 = p1/p2, where m is income

and p1 and p2 are prices. Let the horizontal axis represent the quantity of good 1. Let p1 = 1 and p2 = 2. Then for m > 2, the income offer curve is:a. a vertical line.b. a horizontal line.c. a straight line with slope 2.d. a straight line with a slope of 1/2.e. None of the above.
Business
1 answer:
dmitriy555 [2]3 years ago
8 0

Answer:

Option B is correct.

<u>A horizontal line</u>

Explanation:

Then for m > 2 , the income offer curve would be a horizontal line.

Income offer curve define as the curve which depicts the optimal choice of two goods at different levels of income at constant price. It is otherwise known as "Income Expansion Path"

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Bob got a 30 year Fully Amortizing FRM for $1,500,000 at 4%, except with non-constant payments. For the first 2 years Bob will p
ikadub [295]

Answer:

$1,593,535.83

Explanation:

Future Value of mortgage determines the future value of a mortgage after payments have been made, at a regular frequency, charged a regular rate of interest, compounded at payment dates.

DATA

PV = $1,500,000

N = 24

r = 0.04/12

PMT = $1250

FV =?

Solution

PV = (PMT/r)*[1 – 1/(1 + r)^N] + FV/(1 + r)^N

1,500,000 = (1250/(0.04/12)) * (1 – 1/(1 + 0.04/12)^24) + FV/(1 + 0.04/12)^24

1,500,000 = 28785.31353687 + 0.92323916 FV

FV = (1,500,000 - 28785.31353687)/ 0.92323916

FV = $1,593,535.83

5 0
3 years ago
Ben created a site that allows potential customers to fill in their information if they want a free consultation. What did Ben c
Sauron [17]

Answer: the correct answer is call-to-action.

Explanation:

6 0
2 years ago
What are checks?
LiRa [457]

Answer:

A cheque, or check, is a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, known as the drawer, has a transaction banking account where their money is held.

7 0
3 years ago
Productivity is difficult to measure because precise units of measure are available, quality is consistent, and exogenous variab
podryga [215]

Answer:

False

Explanation:

All of the statements being made are False. Productivity is measured by stats. For example, in any given month a certain number of products are produced by a fixed number of employees, the next month the same value is calculated and compared with the previous month. This lets you know if productivity is increasing or decreasing. The quality of anything depends on the time and effort being implemented in making something, if this changes then so does the quality. Exogenous variables are simply variables that are not affected by other variables in a given environment, this does not mean that they cannot change. Even though they are independent they can still change. For example, the weather is an exogenous variable but it can still change from Raining to Sunny.

6 0
3 years ago
When you create an appointment schedule for the doctor, based on her preferences, you should _____. A. avoid scheduling appointm
shusha [124]

When you create an appointment schedule for the doctor, based on her preferences, you should (D) all of the above.

<h3>What is an appointment?</h3>
  • A legal appointment is one in which the subject matter is of a legal character.
  • Meetings with attorneys, administrative hearings, interviews and/or interactions with police officers, and any type of appeal affecting housing, finances, or an individual's civil liberty are examples of these appointments.
<h3>Solution -</h3>

So when we create an appointment for the doctor, based on her preferences we should:
Avoid being too early or too late, we just have to be at the right time. So option (A) is correct.

We should always try to create appointments in blocks to make the appointment comfortable for both. So, option (B) is also correct.

Whenever we fix an appointment, we should always consider the travel time. So, option (C) is also correct.

Therefore, when you create an appointment schedule for the doctor, based on her preferences, you should (D) all of the above.

Know more about appointments here:

brainly.com/question/24294091

#SPJ4

6 0
1 year ago
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