Business, 21.07.2020 01:01, lobatospitones
John Q. Public spends all of his income on gas and burgers. Draw his budget constraint for these products when the following are true:
A. Graph A: his income is $80, the cost of a CD is $2 and a cost of a burger is $2.
B. Graph B: his income is $120, the cost of a CD is $2 and the cost of a burger is S2.
C. Graph C: his income is $80, the cost of a CD is $5 and the cost of a burger is $2.
D. Add an indifference curve into graph A. How many CDs and burgers will he buy to be at equilibrium?
E. Add an indifference curve into graph B. How many CDs and burgers will he buy to be at equilibrium?
F. Add an indifference curve into graph C. How many CDs and burgers will he buy to be at equilibrium?
G. Does the equilibrium level of CDs and burgers change due to the changes in income and costs?
Answers: 2
Business, 22.06.2019 00:40, mmsomefood85
Gdonald was unhappy that his company did not provide good transport facilities. he found it very strenuous to drive to work on his own, and this eventually led to job dissatisfaction. hence, he recommended ways to solve this problem. according to the evln model, this information suggests that donald's main reaction to job dissatisfaction was:
Answers: 3
Business, 22.06.2019 13:20, sailesd57
Last year, johnson mills had annual revenue of $37,800, cost of goods sold of $23,200, and administrative expenses of $6,300. the firm paid $700 in dividends and had a tax rate of 35 percent. the firm added $2,810 to retained earnings. the firm had no long-term debt. what was the depreciation expense?
Answers: 2
Business, 22.06.2019 17:40, bsheepicornozj0gc
Within the relevant range, if there is a change in the level of the cost driver, then a. total fixed costs will remain the same and total variable costs will change b. total fixed costs will change and total variable costs will remain the same c. total fixed costs and total variable costs will change d. total fixed costs and total variable costs will remain the same
Answers: 3
John Q. Public spends all of his income on gas and burgers. Draw his budget constraint for these pro...
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