SAT

SAT, 31.10.2019 23:31, percent74

One function of money is to allow comparisons between goods. for example, it would be difficult to compare "apples to oranges" if we could not say that apples cost $1.59 per pound, while oranges cost $0.99 per pound.

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Business, 28.06.2019 04:10, Bucky3518

According to the substitution effect, an increase in the price of oranges will: a. leave consumers with less money to spend on all goods. b. cause consumers to spend more on oranges because a higher price signals that oranges are better than apples. c. cause consumers to consume fewer apples because more money is spent on oranges. d. cause consumers to replace some oranges with other fruit that is now relatively cheaper than oranges.

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Business, 27.09.2019 02:30, montgomerykarloxc24x

Most of the time it is quite difficult to separate the three functions of money. money performs its three functions at all times, but sometimes we can stress one in particular. for each of the following situations, identify which function of money is emphasized.(a) brooke accepts money in exchange for performing her daily tasks at her office, since she knows she can use that money to buy goods and services.in this case, money is being used as a ) tim wants to calculate the relative value of oranges and apples, and therefore checks the price per pound of each of these goods quoted in currency units.in this case, money is being used as a ) maria is currently pregnant. she expects her expenditures to increase in the future and decides to increase the balance in her savings account.in this case, money is being used as a

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Business, 09.10.2019 05:20, school4life110

"because apples and oranges are substitutes, an increase in the price of or¬anges will cause the demand for apples to increase. this initial shift in demand for apples results in a higher price for apples; this higher price will cause the demand curve for apples to shift to the right." which of the follow¬ing correctly comments on this statement? a. the statement is false because a change in the price of apples would not change the demand for apples.b. the statement is false because one cannot assume that apples and oranges are substitutes for all consumers.c. the statement will be true, if consumer tastes for apples and oranges do not change.d. the statement is false because oranges are inferior goods; apples are normal goods.

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Mathematics, 15.11.2019 05:31, amxndaboogie

Guided practice este is making fruit baskets for a local hospital. the directions say to use 5 apples for every 6 oranges. celeste is filling her baskets with 2 apples for every 3 oranges. (explore activity a. complete the tables to find equivalent ratios. circle two columns, one in each table, in which the number of oranges is the same. 6 apples 5 10 15 20 apples 2 41165 oranges 6 12 1921 oranges 3 b. compare the ratios. is celeste using the correct ratio of apples to oranges? explain. is wrong i's 574 naha ucad 4 hananas and 5 oranges in her fruit salad daniel used

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