Saves more than it spends.
Joshua is currently consuming the optimal (utility-maximizing) quantities of tuna and ham when the price of tuna suddenly decreases. He will consume a bundle of goods at a new higher indifference curve tangent to the new budget constraint.
A Goods is an object that satisfies a human need and provides benefits to consumers and others who purchase satisfactory products. A distinction is generally made between transferable goods and non-transferable services.
Goods is the tangible item sold to the customer and service is the task performed for the benefit of the recipient. Examples of products include automobiles, appliances, and clothing. Examples of services include legal advice, house cleaning, and consulting his services.
Goods are anything from goods, supplies, raw materials to finished products. Anything that is movable and sold to a specific buyer.
Learn more about goods here:brainly.com/question/24373500
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Answer:
The correct answer is letter "B": engage in risky business endeavors in order to accumulate future wealth.
Explanation:
Property rights represent the ownership individuals and organizations have on determined goods. In the case of businesses, the firm must know what assets, trademarks, and patents it has to project the profits that can be made and find out the resources that might be necessary to hit those goals. As long as the property of a company is wider, the institution could take more risk since it will have a cushion in case the venture does not provide the returns expected.
<u>Answer:</u>
<em>Break even point is calculated by dividing Fixed cost by ( Price per unit- variable cost).</em>
<u>Explanation:</u>
The <em>break even point</em> is equivalent to the all out fixed costs partitioned by the contrast between the unit cost and variable expenses. The denominator of the condition, value short factor costs, is known as the <em>commitment edge</em>.
After <em>unit variable</em> expenses are deducted from the value, anything that remains—??? the commitment edge—? is accessible to pay the <em>organization's fixed expenses.</em>
