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3 years ago

9

If the slope of the budget line changes, there MUST have been a change in the consumer's preferences. an increase in the consume

r's income. a change in the price of at least one good. a change in the price of both goods. None of these

1 answer:

nikdorinn [45]3 years ago

3 0

Answer:

you change in the price of at least one good

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Bob owns a trout farm with monopoly power in north carolina. bob's optimal output occurs where marginal revenue ________. becaus

VladimirAG [237]

<span>The right answer is C. marginal revenue equals marginal cost; is upward-sloping. Marginal revenue is the amount that revenue increases if someone sells one more unit of their product. When there's competition, every unit has the same price, but when there's a monopoly, you have to make cheaper every other unit to sell one more</span>

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3 years ago

org303 According to the textbook, the most important reason for organizations to rely on research is that it ultimately

Leviafan [203]

Answer:

Explanation:

The most important reason for organizations to rely on research is that it ultimately provides the organization with insight on how a specific decision will perform in the target market and what effects it will have on the company. This is because research provides valuable information such as a target population's interests, hobbies, spending behaviors, needs, likes/dislikes, etc. All of which are factors that help determine if that population will buy a certain product and increase the organizations revenue.

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3 years ago

Martha B's has total assets of $1,810. These assets are expected to increase in value to either $1,900 or $2,400 by next year. T

Blababa [14]

Answer:

$7.24

Explanation:

PV at the risk free rate = $1,900 / (1 + 0.055)

PV at the risk free rate = $1,900 / 1.055

PV at the risk free rate = $1,800.95

Number of options needed = (2,400 - 1,900) / (400 - 0)

Number of options needed = 500 / 400

Number of options needed = 1.25

Total assets = (No of options needed*Value of equity) + Present value at the risk free rate. Let Value of equity be C0

$1,810 = (1.25*C0) + $1,800.95

$1,810 - $1,800.95 = 1.25*C0

C0 = $9.05 / 1.25

C0 = $7.24

So, the Value of equity in this firm is $7.24.

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3 years ago

How do you nut? and have sex

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2 years ago

How do natural resources and geography relate to economic growth for a country?

Archy [21]

Answer:

Limited natural resources such as infertile land and lack of coastal access can limit economic growth for a country.

Explanation:

Natural resources are a source of wealth for the country. Mineral such oil and precious stones have made nations wealthy.

Land is a factor of production. Lack of fertile lands will make a nation dependent on imports for its food security. Access to coastal areas facilitates cheaper and fast international trade. Landlocked countries use harbor of other nations for global business. Goods and services from landlocked counties may be more expensive as a result of high transport costs.

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3 years ago

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