Using the following Information, what would the debt-to-Income ratlo be? Jullo makes $780 per month and owes $360 on his credit card, a $210 house payment, and a $140 car payment
O 85%
91%
88%
O 96%

88℅

Explanation:

because The payment and Car are 350 plus 10 it's 360 * 2 equals 720 and now 720 divided by 780 equals 88

the correct answer is ) possibility.

demonstrating opportunity cost is done through production possibility.

the opportunity cost can be demonstrated using the production possibility frontier or curve. this graphic shows the total number of possibilities for two products when we have the resources needed and used in an efficient manner. the main resources could be money, labor, and technology. the curve shows that the production of one good increases when the production of the othe