Answer:
The ratio will fall.
Explanation:
This is a marginal utility question.
Consumers usually spent their income so as to maximize the utility driven from consumption of products.
In case of X and Y, a consumer will spend and allocate their income such that every last Dollar spent on each product yields the same utility so,
MU of X / P of X = MU of Y / P of Y
where MU = marginal utility and P = price.
So when the price of X rises, the ratio of MU/ P of X falls.
This will call for a reallocation of income to again be able to maximize the utility.
Hope that helps.
To prevent one individual from having too much control, employees can ___share_________ job responsibilities within their home department or across positions in other departments
HOPE IT HELPS YOU '_'
Answer:
Health insurance Ata yan bhie33
Answer:
d. Being able to produce a good at a lower opportunity cost
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries.
For example, country A produces 2 apples and 1 orange while country B produces 30 apples and 10 oranges.
Country A has a comparative advantage in the production of oranges because it produces at a lower opportunity cost when compared to country B.
A country has an absolute advantage in the production if it produces more quantities of the good when compared with other countries.
In the above example country B has a comparative advantage in both the production of Apples and oranges.
I hope my answer helps you
Answer:
Helen's break-even point would occur at 200 cards sold.
Explanation:
Hi, in order to find the break even point (BEP) in units, we need to use the following formula.
Everything should look like this.
So, the BEP for Helen is 200 cards sold.
Best of luck.