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olga2289 [7]
2 years ago
7

a consumer has $100 to spend on two goods X and Y with prices $3 and $5 respectively. drive the equation of the budget line​

Business
1 answer:
kotegsom [21]2 years ago
5 0

Answer:

3X + 5Y = 100

Explanation:

Given that a consumer has $ 100 to spend on two goods X and Y with prices $ 3 and $ 5 respectively, the equation that represents this distribution is the following:

3X + 5Y = 100

Thus, the consumer may consume different combinations of products, as long as the sum of both amounts is $100 as a final result. For instance:

3x20 + 5X8 = 100

60 + 40 = 100

3x5 + 5x17 = 100

15 + 85 = 100

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A U.S. firm opens a factory that produces power tools in Korea.
Ymorist [56]

Answer:

c. This increases only U.S. net capital outflow.

Explanation:

The net capitaloutflow is determinated by comparing the investemnt abroad with the investment of other countries in the national economy.

investment in foreing countries - investment from foreing countries.

In this case the US firm is investing abroad, therefore inceasing the net capital outflow of the US.

The Korea net capital outflow will decrease. because it is receiving investment.

5 0
3 years ago
What factors of production will go into making the item
lukranit [14]
Production Capital, Human Capital, Resource Capital, and Intellectual Capital... 
Let me know if you need to know what those are :)
6 0
2 years ago
At NikeID, you can design your own athletic shoes by selecting the material, choosing the color and even adding other personal t
kondaur [170]

Answer: flexible manufacturing

Explanation: Flexible manufacturing is the type of manufacturing system employed at NikelD, wherein customers through customization can design their own athletic shoes. As such, there is usually equipment and computerized systems  configured to manufacture a variety of parts and handling changing levels of production. Doing this serves to improve efficiency while lowering the company's production costs significantly and is a characteristic feature of make-to-order strategies requiring a high degree of customization by customers. This system of manufacturing also creates a method of production designed to adapt to changes in the type and quantity of the product being manufactured very easily.

4 0
3 years ago
a. A challenging job at an organization that raises the bar in data security b. An entry-level position in the marketing area wi
Svetllana [295]

Answer:

d. An accounting position in which 10 years' experience and a license as a CPA will allow me to assist your company with payroll, employee benefits,

Explanation:

THE QUESTION IS THAT

Which of the following is the best career objective for a résumé?

Career objective can be regarded as a personal statement that gives definition of the specifics that one wish to attain in his/her profession.

A resume objective can be regarded as optional part that is been written in a resume which states or specify the career goals as well as outlines ones best skills. It should be noted that one of the best career objective for a résumé is An accounting position in which 10 years' experience and a license as a CPA will allow me to assist your company with payroll, employee benefits,

5 0
2 years ago
Multiple-Product Break-even, Break-Even Sales Revenue Cherry Blossom Products Inc. produces and sells yoga-training products: ho
zmey [24]

Answer:

Answer 1.

DVD Equipment Set Yoga Mat

Sale in Units 13500 4500 9000

Sale Mix 3 1 2

Sales Mix Ratio = 3:1:2

Answer 2.

Let the Break Even Sales = X Units

Therefore, Linear equation of BEP:

3/6 X (8-4) + 1/6 X (25-15) + 2/6 X (16-9) = 119520 (Fixed Costs)

X = 19920 Units

BEP of

DVD = 19,920 Units X 3/6 = 9960 Units

Equipment Set = 19,920 Units X 1/6 = 3320 Units

Yoga Mat = 19920 Units X 2/6 = 6640 Units

Answer 3.

DVD Equipment Set Yoga Mat Total

Sale in Units 13,500 4,500 9,000 27,000

SP 8 25 16

Sales in $ 108,000 112,500 144,000 364,500

Less: Variable Costs 54,000 67,500 81,000 202,500

Contribution 54,000 45,000 63,000 162,000

Contribution Margin Ratio 50.00% 40.00% 43.75% 44.44%

Contribution Margin Ratio = Contribution / Sales

Overall Break Even Sales Revenue = $119520 (Fixed Costs) / 44.44% (Contribution Margin Ratio)

Overall Break Even Sales Revenue = $268,920

Answer 4.

Margin of Safety = Sales - BES

Margin of Safety = $364,500 - 268920 = $95,580

Explanation:

4 0
3 years ago
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