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REY [17]
2 years ago
10

What is the answer Why is the slope of an indifference curve bowed inward to the origin?

Business
1 answer:
natali 33 [55]2 years ago
3 0

Answer:

Indifference curves have a roughly similar shape in two ways:

Explanation:

1) they are downward sloping from left to right; 2) they are convex with respect to the origin. The downward slope of the indifference curve means that Lilly must trade off less of one good to get more of the other, while holding utility constant.

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Which of the following statement is not true about derivative contracts?
8090 [49]

Answer:

a. A long position is a bet that the number is going to fall while a short position is a bet that the number will rise in the future.

Explanation:

The derivative contract is a contract in which the contract is to be done between two or more parties regarding the value i.e. depend upon the financial asset i.e. underlying. It involves the bonds, commodities, etc

So according to the given options, the option a is correct as long position is a bet in which the number is to be decline while on the other hand in the short position the number would increase

4 0
3 years ago
Name the different levels of courts and describe their powers?
harkovskaia [24]

A trial court hears witnesses testify and examines other information presented to prove the alleged facts and render a legal decision. An appellate court is concerned with the application of law in the decision of a lower court and may affirm, reverse, amend, or remand the decision of a lower court.

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3 years ago
The Trektronics store begins each week with 360 phasers in stock. This stock is depleted each week and reordered. The carrying c
kifflom [539]

Answer:

$5,580 and $3,588

Explanation:

The computation is shown below:

Total Carrying costs is

= Average inventory × the carrying cost per phaser

= (360 phasers ÷ 2) × 31

= $5,580

And,

The Restocking cost is

= Number of orders × the fixed order cost

= 52 × 69

= $3,588

The 52 is the total weeks in a year

We simply applied the above formula

4 0
3 years ago
EZBiz, the brainchild of three college friends, is a startup venture that plans to produce and market sports gear. The venture i
Elden [556K]

Answer:

B) The public is wary of sharing confidential information after a recent spate of credit card scandals.

Explanation:

There are several advantages of click-only companies, especially that they are able to offer lower prices since they don't need to support the costs of brick-and-mortar stores.

But the whole idea of selling through the internet is based on the customers' trust on new technologies and they specially dislike when the new technologies fail, e.g. when a hacker discloses the accounts and passwords of millions of users.

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3 years ago
Which of the following is not the process of financial management? A Evaluating financial status B Setting goals C Record monthl
Phantasy [73]

Answer:

C) Record monthly expenses

Explanation:

4 0
3 years ago
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