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
pantera1 [17]
3 years ago
12

Suppose a consumer only purchases food and clothing, and food is plotted along the horizontal axis of the consumer's indifferenc

e map. If the price of clothing increases and the price of food and income do not change, then the budget line changes by rotating: Group of answer choices clockwise about the fixed horizontal axis intercept. clockwise about the fixed vertical axis intercept. counter-clockwise about the fixed vertical axis intercept. counter-clockwise about the fixed horizontal axis intercept. none of these options is correct.
Business
1 answer:
gogolik [260]3 years ago
8 0

Answer:

counter-clockwise about the fixed horizontal axis intercept.

Explanation:

An indifference curve is a graph that shows the two combinations of goods for which an individual is indifferent in its consumption.

Points on an indifference curve represents various combination of goods to which an individual is indifferent to

higher indifference curve represents higher level of utility

An indifference map is a graph of various indifference curves

On the indifference map, indifference curves that are higher would be more preferred to those that are lower

You might be interested in
In a certain economy, jam and bread are produced, and the economy currently operates on its production possibilities frontier. W
valkas [14]

Answer:

C. The economy experiences economic growth.

Explanation:

When the economy is already working on the production possibility frontier the economic agents are already employed and working on full optimization.

In case of economic growth the production possibility frontier shifts upward and results in producing more jam and bread.

5 0
3 years ago
Return on assets is computed as net income divided by total assets. true false question. true false
zvonat [6]

The statement, return on assets is computed as net income divided by total assets, is true.

Return on assets (ROA) is a profitability ratio, which measures that how efficiently a company uses the assets it owns to generate profits. If a company wants increase the return on assets then the company tries to increase the profit margin.

So the return on asset of a company is computed by dividing the net income earned by the company by average total assets employed by the company. Thus, it measures how much percentage of profit the company is generating in respect to its assets.

Hence, the higher the percentage of return on assets, the better it is.

To learn more about return on assets here:

brainly.com/question/14969411

#SPJ4

5 0
2 years ago
When silicon chips are fabricated, defects in materials (e.g., silicon) and manufacturing errors can result in defective circuit
lakkis [162]
<span>"Stuck-at-0 fault" is a term used to describe what fault simulators use as a fault model to simulate a manufacturing defect. When "stuck-at-fault-0" occurs, one of the wires is broken, and will always register at logical 0</span>
6 0
3 years ago
Classify each of the following based on the macroeconomic definitions of saving and investment:1. Saving Investment Kyoko borrow
r-ruslan [8.4K]

Answer

The classification is shown below:

Explanation:

The saving refers to the amount i.e above its consumption expenditure let us take an example if an individual salary is $100,000 and its expenditure assumes $50,000 then it saves $50,000 so the $50,000 is the savings.  While the investment is the amount that is spent to buy some assets in terms of building, machinery, home, etc.

So the classification is presented below:

a. Kyoko borrows money to build a new lab for her engineering firm.  = Investment

b. Rina purchases stock in Nano Speck, a biotech firm.  = saving

c. Musashi takes out a mortgage for a new home in Detroit. = investment

d.Jacques purchases a corporate bond issued by a car company. = saving

6 0
3 years ago
Indicate the section operating activities,investing activities,financing activities,or none in which each of the following would
Pavlova-9 [17]

Answer and Explanation:

The indication of the following transactions for the cash flow statement is given below:

a. Operating activities

b. Operating activities

c. Financing activities

d. Financing activities

e. None

f. Financing activities

g. Investing activities

h. Investing activities

i. Operating activities

j. OPerating activities

3 0
3 years ago
Other questions:
  • Is this a progressive, regressive, or proportional tax system? regressive proportional progressive Suppose the government of Lil
    13·2 answers
  • The promotional budget will clarify how much can be spent on advertising and personal selling.
    15·2 answers
  • Karla Tanner opens a Web consulting business called Linkworks and completes the following transactions in its first month of ope
    14·1 answer
  • True or False
    13·1 answer
  • Your boss listens to employees personal problems and tries to create a positive work environment by being agreeable, eager to he
    13·1 answer
  • For each of the following transactions for New Idea Corporation, give the accounting equation effects of the adjustments require
    5·1 answer
  • When workers join unions and elect representatives to negotiate with their employers, this is referred to as
    11·1 answer
  • Concord Inc. took a physical inventory at the end of the year and determined that $783000 of goods were on hand. In addition, Co
    9·1 answer
  • Goods or services from the U.S. can be
    14·1 answer
  • At a university faculty meeting, a proposal was made to increase the housing benefits for new faculty to keep pace with the high
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!