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VikaD [51]
3 years ago
14

Suppose a consumer had a budget of $125. The price of Good X is $5 and the price of Good Y is $7.50. Calculate value of the x-in

tercept of the budget line.
Business
1 answer:
Fynjy0 [20]3 years ago
7 0

Answer:

The value of the x-intercept of the budget line is 25.

Explanation:

Based on the question, the budget line equation is as follows:

X5 + Y7.5 = 125 ......................... (1)

Where;

X = Unit of commodity X or value of the x-intercept of the budget line

Y = Unit of commodity Y or value of the y-intercept of the budget line

To calculate value of the x-intercept of the budget line, we assume that Y = 0. Substituting Y = 0 into equation (1) and solve for X, we have:

X5 + (0 * 7.5) = 125

X5 = 125

X = 125 / 5

X = 25

Therefore, the value of the x-intercept of the budget line is 25.

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The book gives a clear knowledge of marketing at both the strategic and conceptual level as well as the ____.
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Answer:

The book gives a clear knowledge of marketing at both the strategic and conceptual level as well as the ____.

tactical, hands-on level

Explanation:

At the highest level of marketing management is the strategic level, which is more conceptual.  Down the scale is the tactical marketing plan, which specifies the marketing tools and techniques which a company will use to meet its marketing goals.   At this level, the tactical tools in use include advertising, sales promotions, and other activities that directly implement the strategic marketing plan.  The tactical level reduces the business strategic goals to marketing objectives.

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2 years ago
What is the main problem that sellers suffering from marketing myopia​ face?
Tanya [424]
The answer is "<span>They focus more on products than the​ customer's underlying need.".
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2 years ago
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High Country Apparel signed a $75,000, two-year, interest-bearing, 5% note on October 1, 20XX. The maturity value of the note is
Ket [755]

Based on the information given the maturity value of the note is: $82,500.

Using this formula

Maturity value of note=Principal amount+(Principal amount× Number of year× Interest rate)

Where:

Principal amount=$75,000

Number of year=2 year

Interest rate=5% or 0.05

Let plug in the formula

Maturity value of note=$75,000+($75,000×2 year×0.05)

Maturity value of note=$75,000+$7,500

Maturity value of note=$82,500

Inconclusion  the maturity value of the note is: $82,500.

Learn more about maturity value of note here:brainly.com/question/24374294

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Masteriza [31]

Option 4 , All the above

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After a listing has expired, the original listing broker may be paid a commission under the terms of the holdover clause in the original contract if :

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The broker who listed the property will receive a commission, regardless of who sells the property. The vendor lists another agent after the listing expires, and the buyer's agent submits an offer to the property.

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3 years ago
RJR Nabisco (a U.S. company) allows a company in Singapore to use its brand name and recipes to produce and sell one of its prod
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RJR Nabisco allows a company in Singapore to use its brand name and recipes to produce and sell one of its products - Planters Nuts. This type of international arrangement is called licensing.

<h3>What is licensing?</h3>

Generally, licensing is simply defined as granting someone formal authorization to do, have, or sell something: In many nations, licensing is used to determine who should sell what.

In conclusion, a license shows the authenticity of a producer.

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