The combination is on the consumer's budget line. is Option B. 5A and 6B.
The budget line is a graphical delineation of all possible mixtures of the 2 commodities that can be bought with provided profits and price in order that the charge of each of these combos is equal to the financial income of the patron.
In economics, a budget line constraint represents all of the mixtures of products and services that a customer may also buy given modern-day expenses within his or her given earnings. consumer idea makes use of the principles of a budget constraint and a desire map as equipment to observe the parameters of purchaser choices.
A consumer has an income = of $16
A = $2
B = $1
The sum of the total will be less than $16
Hence. option B 5A and 6B.
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Disclaimer: your question is incomplete, please see below for the complete question.
A. 6A and 5B
B. 5A and 6B.
C. 5A and 5B
D. 4A and 6 B
Answer:
False
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared with its trading partners.
I hope my answer helps you
Something not to consider when trying to get a positive return on investment (ROI) for higher education is: c. the type of food that is offered on the meal plan.
<h3>What is rate of return?</h3>
Rate of return can be defined as a net gain (profit) or loss that is associated with an investment over a specified period of time, and it's usually expressed as a percentage of the investment's initial cost.
This ultimately implies that, the rate of return must be higher than the rate of inflation in order for any business firm or individual to earn money on their investments.
Also, a positive return on investment (ROI) entails a net gain (profit) from an investment over a specified period of time. This ultimately implies that, the type of food that is offered on the meal plan isn't something to consider when trying to get a positive return on investment (ROI) for higher education.
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Complete Question:
Which of these is not something to consider when trying to get a positive return on investment (ROI) for higher education?
a. The cost of attendance.
b. The financial aid package that is offered to you.
c. The type of food that is offered on the meal plan.
d. Your expected career income.
Dropping prices
Increased advertising
Comparing yours to competitors
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
