The maximum amount of good y that can be bought if x and y are the only two goods that are available for purchase is 20.
<h3>What is a budget set?</h3>
This is the amount of the combinations of two goods that a consumer is able to buy at the given market price with his income.
We have the equation
P1X + P2Y = 400
<u>Definition of terms</u>
P1 = price of first good = $10
p2 = price of second good = $20
x = units = 0
Put the values in the equation above
$10*0 + $20*y = 400
20y = 400
y = 20
We conclude that the amount of good y that can be bought is 20.
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Answer:
D) $14,000
Explanation:
Description Estimated life Cost Amortization per year
Sales office 10 years $47,000 $4,700
Warehouse 25 years $75,000 $7,500
Parking lot 15 years $18,000 $1,800
total $14,000
Even though the useful life or the warehouse and parking lot is longer than 10 years, since the lease contract is only for 10 years, then it must be depreciated in 10 years.
Answer:
None of the multiple choices is correct. The correct answer should be: "Business profit will increase by $12,000 per year"
Explanation:
$12,000 per year is the rental rate.
If his Uncle Fred gives him the building, George will not pay the rental fee. Thus, the business profit will increase by $12,000 per year.
If we consider about the economic profit or implicit cost, it will not change.
Answer:
All of the above except: Don't tell people your dog's name
Explanation:
Hope this helps!
Answer: The Statement A. is FALSE.
Explanation: The National Response Framework explains how, at all levels, the nation effectively manages the all-hazards response, is the FALSE statement.
The United States National Response Framework is essential to the National National Security Strategy, it helps to give all domestic response partners a response to disasters and emergencies.