subject
Business, 30.07.2019 01:20 HeyItsCookie9605

Since 1979, low-income recipients have been given food stamps without charge. however, before 1979, people bought food stamps at a subsidized rate. for example, to get $1 worth of food stamps, a household paid about 20cents (the exact amount varied by household characteristics and other factors). what is the budget constraint facing an individual if that individual may buy up to $100 per month in food stamps at 20cents per each $1 coupon? compare this constraint to the original budget constraint with no assistance and the budget constraint if the individual receives $100 of food stamps for free. assume the individual has income of $120 per month.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 17:00
Aaron corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 102 units in beginning inventory 0 units produced 4,900 units sold 4,260 units in ending inventory 640 variable costs per unit: direct materials $ 20 direct labor $ 41 variable manufacturing overhead $ 5 variable selling and administrative expense $ 4 fixed costs: fixed manufacturing overhead $ 64,200 fixed selling and administrative expense $ 2,900 the total contribution margin for the month under variable costing is:
Answers: 2
question
Business, 22.06.2019 19:30
Which of the following occupations relate to a skill category of words and literacy
Answers: 1
question
Business, 22.06.2019 23:40
Robert is a district manager who oversees several store managers in a national chain of restaurants. robert reports directly to the vice president of stores and marketing, a member of top management. robert is a middle manager.t/f
Answers: 2
question
Business, 23.06.2019 06:00
If a society decides to produce consumer goods from its available resources, it is answering the economic question
Answers: 1
You know the right answer?
Since 1979, low-income recipients have been given food stamps without charge. however, before 1979,...
Questions
Questions on the website: 13722359