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
OverLord2011 [107]
3 years ago
8

The slope of the budget constraint A. measures the rate at which the consumer can trade one good for another. B. equals the rela

tive price of the two goods. C. reflects the trade-off the market is offering the consumer. D. all of the above are correct.
Business
1 answer:
8_murik_8 [283]3 years ago
4 0

Answer:

B. equals the relative price of the two goods.

Explanation:

A budget constraint refers to how much money a person or a company has to spend in any given pair of goods or services, e.g. you have $10 and you want to eat hot dogs and drink Coke.

The slope of the budget constraint refers to the relative price of the two goods or services, e.g. a hot dogs costs $2 and a Coke costs $1.50. The slope of the budget constraint = $1.50 / $2 = 0.75. The slope of a budget constraint is always equal or less than 1, that is why the smallest value is the numerator.

You might be interested in
QRC Company is trying to decide which one of two alternatives it will accept. The costs and revenues associated with each altern
Goshia [24]

Answer:

$12,500

Explanation:

Differential revenue = Alternative A revenue - Alternative B revenue

Differential revenue = $75,000 - $62,500

Differential revenue = $12,500

Thus, the differential revenue for this decision is $12,500

8 0
3 years ago
If a department that uses process costing starts the reporting period with 100,000 physical units that were 20% complete with re
Naddika [18.5K]

Answer:

The correct answer is True

Explanation:

In calculating the equivalent units with respect to labor,the physical units at the start of the period is multiplied by the percentage of completion.

In other words, the equivalent units is shown thus:

Equivalent units =100000 units*20%

Equivalent units =20000 units

This implies that labor has carried  out 20% of the work required to transform the 100000 units into finished products,since only 20% work is completed, the remaining 80% is expected in the next period.

7 0
3 years ago
Click this link to view O*NET's Work Activities section for Architects. Note that common activities are listed toward the
Oxana [17]

Answer:

communicating with persons outside of the organization

drafting, laying out, and specifying technical devices, parts, and equipment

making decisions and solving problems

thinking creatively

4 0
3 years ago
Read 2 more answers
g You currently hold an inflation-indexed bond, which pays out real coupons of 10% per year, starting one year from now. The bon
Allushta [10]

Answer:

$618 dollars

Explanation:

The beginning face value will be our starting position: $600

Then, we have a 2 percent increase over the next three years

this makes for a principal at maturity of:

600 x (1 + 2% x 3 years ) = $618

This makes each coupon return in coins to also increase over time as, they are calcualted based on the adjusted face vale. This method iguarantee the 10% return on the bond regardless of inflation during the period.

3 0
3 years ago
What time does usps stop delivering mail?
alexira [117]
Normally 5:00 pm sometimes they run late though
5 0
3 years ago
Other questions:
  • In each of the following cases, calculate the accounting break-even and the cash break-even points. Ignore any tax effects in ca
    5·1 answer
  • You have purchased 1 million shares in a restaurant chain venture. At this zero-stage investment, your company's assets are $100
    14·1 answer
  • o test the validity of your selection device for widget makers, you have given it to the present widget makers in your company a
    12·2 answers
  • A new project would require an immediate increase in raw materials in the amount of $1,000. The firm expects that accounts payab
    12·1 answer
  • All of the following are ways that governments encourage international business except?
    8·1 answer
  • Which one of the following statements is correct? A) The lessor is primarily concerned with returning the asset at the end of th
    9·1 answer
  • Assume that in the short run a firm is producing 100 units of output, has average total costs of $200, and has average variable
    7·1 answer
  • Suppose that government procurement liberalization results in the U.K. government importing automobiles from Germany, the low-co
    6·1 answer
  • Meet a market meaning?
    11·1 answer
  • If a firm accepts less than all of its prospective projects with positive NPVs when evaluated at their own risk-adjusted costs o
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!