subject
Business, 27.03.2020 18:07 hermesrobles

Suppose that the price of good x is cut in half, and income doubles, while the price of good y remains constant. If the budget line is drawn with x on the horizontal axis and y on the vertical axis, then the new budget line becomes:
A. Flatter
B. Steeper
C. Shift inward (and remains parallel to the initial budget line).
D. Remain the same

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 18:40
Reactive power generation has the following capital structure. its corporate tax rate is 40%. security market value required rate of return debt $ 30 million 4 % preferred stock 30 million 6 common stock 40 million 10 what is its wacc? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)
Answers: 2
question
Business, 22.06.2019 11:10
Sam and diane are completing their federal income taxes for the year and have identified the amounts listed here. how much can they rightfully deduct? • agi: $80,000 • medical and dental expenses: $9,000 • state income taxes: $3,500 • mortgage interest: $9,500 • charitable contributions: $1,000.
Answers: 1
question
Business, 22.06.2019 13:00
Dakota products has a production budget as follows: may, 16,000 units; june, 19,000 units; and july, 24,000 units. each unit requires 3 pounds of raw material and 2 direct labor hours. dakota desires to keep an inventory of 10% of the next month’s requirements on hand. on may, 1 there were 4,800 pounds of raw material in inventory. direct labor hours required in may would be:
Answers: 1
question
Business, 22.06.2019 19:00
15. chef a insists that roux is the traditional thickener for bisque. chef b insists that it's rice. which chef is correct? a. neither chef is correct. b. both chefs are correct. c. chef b is correct. d. chef a is correct.
Answers: 1
You know the right answer?
Suppose that the price of good x is cut in half, and income doubles, while the price of good y remai...
Questions
question
Chemistry, 24.02.2021 20:30
question
Physics, 24.02.2021 20:30
question
World Languages, 24.02.2021 20:30
question
Geography, 24.02.2021 20:30
Questions on the website: 13722362