Suppose a consumer had a budget of $125. The price of Good X is $5 and the price of Good Y is $7.50. Calculate value of the x-intercept of the budget line.

Answers

Answer 1

Answer:

The value of the x-intercept of the budget line is 25.

Explanation:

Based on the question, the budget line equation is as follows:

X5 + Y7.5 = 125 ......................... (1)

Where;

X = Unit of commodity X or value of the x-intercept of the budget line

Y = Unit of commodity Y or value of the y-intercept of the budget line

To calculate value of the x-intercept of the budget line, we assume that Y = 0. Substituting Y = 0 into equation (1) and solve for X, we have:

X5 + (0 * 7.5) = 125

X5 = 125

X = 125 / 5

X = 25

Therefore, the value of the x-intercept of the budget line is 25.


Related Questions

Give three examples of possible age-based conflicts in the workplace

Answers

Answer:
• Interdependence/Task-Based Conflicts
• Leadership Conflicts
• Work Style Conflicts

Hopes this helps!!

Use the following items to prepare a balance sheet and a cash flow statement. Determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows.

Answers

Answer:

The answer is:

[tex]Total \ liabilities = \$2,395\\\\Net \ worth = \$15,855 \\\\Total\ cash \ outflows = \$1,950[/tex]

Explanation:

Please find the complete question in the attached file.

[tex]\text{Total assets} = (450 + 1,890 + 7,800 + 2,350 + 1,500 + 3,400 + 860)= \$18,250 \\\\\text{Total liabilities} = (\$235 + \$2,160)= \$2,395 \\\\\text{Net worth} = (\$18,250 - \$2,395)= \$15,855 \\\\\text{Total cash inflows} = \$1,950 \\\\\text{Total cash outflows} = (650+345+230+180+110+65+80+90+70+130) = \$1,950\\\\[/tex]

____________________ is a step in the incident management process where an incident that cannot be responded to by an incident screener is put in a queue of another support staff member.

Answers

Answer:

Incident assignment

Explanation:

Incident Management can be regarded as as a process use in IT Service Management (ITSM). It is a process that helps in stabilizing organization's services performance whenever there there is a defection or abnormal activities. One of the step in incident Management is Incident assignment, whereby an incident that cannot be attended to by a staff is aligned on the queue for another staff to respond to.

It should be noted that Incident assignment is a step in the incident management process where an incident that cannot be responded to by an incident screener is put in a queue of another support staff member.

A decrease in consumer spending can be expected to shift the aggregate demand curve ________.

a. upward and cause output to rise
b. upward and cause output to decline
c. downward and cause output to rise
d. downward and cause output to decrease
e supply of the Canadian dollar in the foreign exchange market rises.

Answers

Answer:

d. downward and cause output to decrease

Explanation:

As we know that

Aggregate demand = Consumption expenditure + government expenditure + net export

Where,

Net export = Export - import

In the case when there is a reduction in the consumer spending so it would be expected that the aggregate demand curve would be shifted to the downward due to which it results in reduction in output

Therefore the option d is correct

Brent has to complete a final group project and his group members aren't
doing their share of the work. Brent generally believes in being kind to others,
but at the last group meeting, he was so frustrated that he yelled at the group
and threatened to stop working on the project. Which value system is mainly
in question here?
A.ethics
B.law
C.business law
M.morality

Answers

Answer: M. Morality

Explanation:

Morality is the value system is mainly in question here. Hence, option D is correct.

What is Morality?

Moral and just standards define what constitutes unacceptable behavior in society and what constitutes right and acceptable behavior.

A civilisation uses moral standards to decide what is reasonable, right, or acceptable. The majority of nations agree that murder is evil, while some grant an exemption for murder committed when waging a war to defend the nation or when acting in self-defense.

According to Louis Pojman, morality has five objectives: "keep society from disintegrating," "lessen human suffering," "promote human flourishing," "resolve conflicts of interest in just and orderly ways," and "give praise and blame, reward the good, and punish the guilty".

Thus, option D is correct.

For more information about Morality, click here:

https://brainly.com/question/13324831

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Account got deleted! Add me!!
Which descriptions best characterize the young Dr. Jekyll? Check all that apply.


-He was rich.

-He was in excellent shape.

-He was family oriented.

-He was famous.

-He was destined for a good future.


Don't mind the question btw.


My other account got deleted, Feel free to add me!!

Answers

Answer:

The descriptions that best characterize the young Dr. Jekyll include the following:

1.  -He was famous.

2.  -He was rich.

3.  -He was in excellent shape.

Explanation:

He was an eccentric Dr who was researching on the possibility of discovering a drug that will help mankind. During his research, he noticed that, when ever he take a particular drug, it alters his personality and body which would bring out the darkest thoughts in him.

The more he took the drug, the more him slips into darkness and destruction which always makes him sober after transforming back to his normal personality.

Answer:

1, 2, 5

Explanation:

He was rich.

He was in excellent shape.

He was destined for a good future

Arabian Beauty Cosmetics borrowed BD 152.300 from the National Bank of Bahrain (NBB) for three years. If the quoted rate (APR) is 11.75%, and the compounding is daily, what is the Effective Annual Rate?​

Answers

Answer: 12.47%

Explanation:

First convert the APR to the relevant periodic rate.

The compounding is done daily so the periodic rate is:

= 11.75%/365

Effective Annual rate is calculated by the formula:

= ( 1 + periodic rate)  ^ compounding period per year - 1

= ( 1 + 11.75%/365)³⁶⁵ - 1

= 12.47%

In one ancient civilization, hunters shared fresh meat with other individuals in a group without an explicit timeframe or agreement about who would do what in return. However, the favor would surely be returned by those in the tribe who could cook, take care of children, and provide
shelter. What type of economy does this MOST closely describe?
A. Socialist economy
B. gift economy
С. market economy
D. planned economy

Answers

Answer:

B. Gift economy

Explanation:

Correct Answer: gift economy

Suppose Americans working in the textile industry decide to boycott goods made in the European Union. Explain how this boycott will affect each of the following: The supply of dollars The international value of the dollar

Answers

Answer: See explanation

Explanation:

The supply of dollars: The boycott by the Americans would result in the reduction in the supply of dollars on the international market. This is due to the fact that there will be less dollar going to the European Union.

The international value of the dollar: There'll be a depreciation in the value of the dollar. A reduction in demand would lead to decline in it's value.

. Distinguish between the short run and the long run as they relate to macroeconomics. Why is the distinction important

Answers

Answer:

1. In the short run, wages and other prices are stagnant making the economy to run below or above the normal level. In the long run, wages and prices are fully flexible, and this allows the economy to run at its natural level.

2. This distinction is important because it helps us to see how difficult it could be to sustain the real gross domestic product and employment rates thus making the economy to run at a normal level or achieve its full potentials.  

Explanation:

Stickiness or stagnancy of wages can be seen in the fact that it is most time difficult to fluctuate or change the wages of workers overtime. The prices of most goods are also sticky when they remain unchanged over a given period of time. These conditions exist in the short run, and make the economy to run above or below its full potentials. The real GDP and unemployment levels are negatively affected.

In the long run, flexibility of wages and prices are achieved and this makes the economy to run at its full potentials. The real GDP as well as the employment rate are at their optimum level then.

This is economics question

Answers

Answer:

I think "A & B are correct."

Explanation:

Risk*

Does the Statute of Frauds, a legal principle from the 1600s, still make sense in today's commercial world

Answers

Answer:

Yes.  The Statute of Frauds still makes sense in today's commercial world.

Explanation:

The statute of frauds as a legal concept requires that certain contracts must be put in writing, especially contracts involving the sale of land, goods worth more than $500, and contracts lasting more than one year.  The statute acts as a defense to a breach of contract claim. In most states, a statute of frauds does not make a contract void but makes certain contracts voidable. This means that the contract remains valid and enforceable until one of the parties chooses to void the contract.

What can accurately predict whether you will be a successful entrepreneur?

Answers

Answer:

your attitude

Explanation:

The United States is an example of a __________ economy?
a)traditional
b)command
c)market
d)private

Answers

Answer:

C. Market

Explanation:

I majored in Health

What is a political argument for regional economic integration? Multiple Choice It reduces the potential for violent conflict. It creates opportunities for entrepreneurism. It tends to increase national sovereignty. It stimulates economic growth. It increases trade diversion.

Answers

Answer:

The political argument for regional economic integration is that:

It reduces the potential for violent conflict.

Explanation:

Regional economic integration is a well-known tool for reducing violent conflict between nations within a geographic region.  Other benefits include the creation of economic opportunities for entrepreneurs with expanded markets.  It thereby stimulates economic growth within the region.  It does not increase national sovereignty but increases trade diversion from productive exporters to less capable nations.

each unit requires 1.8 yd of fabric to be produced. at the end of each quarter, 20% of the next quarter's production needs for material should be at hand. budgeted purchases of material for the second quarter would be g

Answers

Answer:

1.8 yards

Explanation:

Production requirement  1.8 yards

Ending inventory = 20% of 1.8 yards= 20/100 * 1.8= 0.36 yards

Materials Required= 1.8-0.36= 1.44 yards

If the material on hand is 0.36 yards i.e 20 % of the production requirement.Budgeted purchases for the second quarter would 1.8 yards  because when 0.36 yards is available as the ending inventory. But materials on hand  must have a balance of 0.36 yards for the next quarter so it would not effect the purchases.

To maintain the balance of materials on hand the amount of purchases made is 1.8 yards as 0.36 yards will be kept for the third quarter and 0.36 is already present for the second quarter

1.44 yards for production + 0.36 yards for the ending inventory= 1.8 yards

When the Sales Tax feature is enabled in QuickBooks Online, where must you record sales tax payments?

Answers

Answer:

Sales Tax Center

Explanation:

          QuickBooks Online is an online service for accounting software package that is developed as well as marketed by Intuit. Its products are mainly small or medium sized business and other accounting applications and cloud based version which accept management and payment of bills, business payments, payroll functions, etc.

         In QuickBooks, we use the Pay sales tax window to create the sales tax payments. Intuit offers a new and advance version of sales tax feature in QuickBooks Online. We must record the sales tax payments in the sales tax center when the sales tax feature is enable in QuickBooks Online.

25 POINTS AND BRAINLIEST!! PLS HELP

What items should be included in signatures on business e-mail?


threads

e-mail address

name and title

company name

inspirational messages

phone and fax numbers

mailing address

Answers

Hey there!

The following should be the answers:

e-mail address

name and title

company name

phone and fax numbers

mailing address

Hope it helps and have an amazing day!!!

Answer:

yeah they right on OW

Explanation:

Farah and David decide to form a sports memorabilia retail partnership. They have known each other since business graduate school and have always worked well together on various projects. The business is doing well but cash flow is very tight. Farah takes several calls from vendors asking for payment. He believed David had been paying the bills. When he asks about this, David admits to embezzling from the partnership. What liability does Farah face as a result of the theft

Answers

Answer:

Farah faces a general partnership as a result of theft

Explanation:

General Partnership is simply a free association of two or more persons to carry on business for profit gains.

Partnership agreement is simply an agreement by two or more persons to do business together as a partnership in an oral or written form.

Based on the provided information, Farah faces a general partnership as a result of theft.

According to the question, we were to discuss about Farah and David who decide to form a sports memorabilia retail partnership and the liability that Farah faced.

As a result of this, we can see that she faced general partnership as a result of theft, general Partnership which is a free association of two or more party to share gain from a business,

Therefore, since David admits to embezzling from the partnership then it is a theft from partnership.

Learn more about General Partnership at:

https://brainly.com/question/894283

How companies can link their compensation and evaluations to organizational objectives?

Answers

Answer:

For a company’s compensation strategy to be effective, it must be linked to the overall business strategy. Because compensation accounts for 30-60% of business costs, it is essential for organizations to identify the drivers behind pay. For this reason, the foundational step of creating any solid compensation strategy is linking it to the business strategy.

Explanation:

In the nation of Foxystan, a $500 decrease in consumer spending typically causes GDP to fall by $5000. The spending multiplier in Foxystan is equal to:

Answers

Answer:

Foxystan

The spending multiplier in Foxystan is equal to:

10 times.

Explanation:

a) Data and Calculations:

Decrease in consumer spending = $500

Decrease in GDP = $5,000

Spending multiplier in Foxystan is equal $5,000 : $500 = 10 times

The spending multiplier describes the ratio of change in consumer spending relative to the change in the GDP.  In Foxystan, the ratio of the change is 10 times.  This means that while consumer spending decreased by $500, it caused a 10 times decrease in the GDP.

if the united states imposes an import quota on imported soybeans, how much will the united states produce domestically

Answers

Answer:

If the United States imposes an import quota, domestic production will rise, from what was produced at the world price (because the world price is the price the equilibrium price in the absence of tariffs), to the level of production determined by the domestic price.

Explanation:

This increase in production will only benefit domestic producers though, because they will now sell a higher quantity at a higher price, raising their incomes substantially.

Consumers, however, will be worse off, because before the tariff, they could buy the same amount of soybeans at the lower world price, but with the tariff, they are obliged to purchase the soybeans at the higher domestic price, lowering their available income for other goods and services.

How would you address mental challenges and age-related issues with exercising?

Answers

Answer:

Explanation:

Having someone to exercise with you makes it more enjoyable. ... Make exercise a priority and set time aside during the day. ... Identify activities that they enjoy. ... Start slowly and advance the exercise program gradually. ... Set realistic expectations. ... Be supportive.

What do you have to do to learn and be a pilot

.1 learn to play radio

2. Learn to fly

3 learn to fly and land and set off


SO EASY

Answers

Answer:

All of the above (That is to regulations)

Explanation:

Although if you had to choose one it would be 3. learn to fly, land and set off.,

Create a flow chart that shows the hierarchy of the US Banking Systems.

Answers

Answer:

NOOB

Explanation:

ou've just taken on a new client, a small business owner, who was managing their books with spreadsheets. What's the recommended first step to begin working with this client in QuickBooks Online?

Answers

The options available are:

A. Ask them to sign up for QuickBooks Online on QuickBooks.com

B. To Create a QuickBooks Online for them and manually email them their Intuit ID and password

C. Add new client in QuickBooks Online Accountant

D. Add new client in QuickBooks Online

Answer:

Add new client in QuickBooks Online Accountant

Explanation:

In this situation, as the new client, the recommended first step to begin working with this client in QuickBooks Online is to add the client in QuickBooks Online Accountant.

This will assists you in getting their information and at the same time have direct access to the client's account and easily work on the client's bookkeeping.

Hence, in this case, the correct answer is "Add new client in QuickBooks Online Accountant."

Opportunity cost occurs because of a producer’s need to

limit resources.
protect resources.
allocate resources.
spend resources.
Mark this and return

Answers

Answer:

allocate resources.

Explanation:

Scarcity of resources makes producers make choices on how to use the few available resources. Like other people, producers will want to do many things but are restricted by a lack of resources. Time and money are examples of scarce resources. They have to allocate the available resources among different needs and wants.

Opportunity cost is measured by calculating the value of the next best alternative.

Answer:

C On Edge Jan 2021

Explanation:

When the purchasing company bears the liquidation expenses it will debit the expenses to:_______

a. Vendor Company’s Account
b. Bank Account
c. Goodwill Account
d. Debtors Account

Answers

Answer:

c. Goodwill Account

Explanation:

In the case when the company is in liquidation and the purchasing company paid the liquidation expense as it is beared by them so here the expenses would be debited to the goodwill account

Therefore as per the given situation, the option c is correct as the liquidation expenses should be debited to the goodwill

So the rest of the options are wrong

Decision making is often a biased and flawed process. This activity is important because a person who can identify and be aware of their biases may be able to make better decisions for themselves and may be able to diagnose flawed decisions that affect their workplace. The goal of this exercise is to test your knowledge of the nine fundamental decision-making biases given below.

a. Availability Bias
b. Representativeness Bias
c. Sunk-Cost Bias
d. Anchoring and Adjustment Bias
e. Confirmation Bias
f. Overconfidence Bias
g. Hindsight Bias
h. Framing Bias
i. Escalation of Commitment Bias

Answers

Answer:

a. Availability bias ⇒ Cori

This bias refers to the mind's tendency to evaluate a topic based on the examples that they already know of and therefore come to their mind first. Cori thought of her weather at home first and related it to Australia.

b. Representativeness Bias ⇒ Trinity

This bias is one that people make when things are related. They assume that if it is the case for an event, related events should work the same as well.

c. Sunk-cost bias ⇒ Zion

This bias refers to the making of decisions based on sunk costs. Zion's transmission is a sunk cost but he used it as a basis to fix the brakes.

d. Anchoring and Adjustment bias ⇒ Nishka

This bias occurs when we look upon new information with a biased view as Nishka did when they looked at the prices of cheaper cars.

e. Confirmation bias ⇒ Declan

Confirmation bias is when we only listen to information that supports our view much like Declan here who disregarded information that criticized his car model.

f. Overconfidence bias ⇒ Milo

This bias results from having unfounded confidence in our ability to do something much like Milo here who believed he was good enough to invest as his broker who had to go through more intensive training.

g. Hindsight bias ⇒ Sai

Believing that we always knew something was going to happen after the thing happens.

h. Framing bias ⇒ Rosa

This bias occurs when decisions are made based on one aspect due to the decision being framed from that aspect.

i. Escalation of Commitment Bias ⇒ Amara

This bias occurs when we continue to follow a decision path even though that decision has proven to provide negative consequences.

What should be the minimum amount of years you allow your retirement
investments to grow?
a. 10 years
b. 20 years
c. 30 years
d. 40 years

Answers

Answer:

a. 10 years

Explanation:

Investing for retirement is a long-term project. The earlier a person starts to invest, the better for them as they will enjoy the benefits of compounding.

Ideally, saving for retirement should start the moment one gets employed. This gives them ample time to save and accumulate money for use in retirement. There is no upper limit as to how many years one should save for retirement. However, one needs to save for at least ten years to have sufficient funds for retirement.

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Please those who know, as in the example hey guys i have this thing for choir where i have to come up with a list of songs if you all could send me ideas that would be great Which example is NOT an organism?Question 1 options:lungmoldhumanbacteriaQuestion 2 (3 points) All living things are made of ______.Question 2 options:multicellularorganismscellstissuesQuestion 3 (3 points) To function on their own, what must unicellular organisms do?Question 3 options:make tissueswork with other cellsdo all jobs for survivalperform a specialized taskQuestion 4 (3 points) Which type of organism is ale to cause an infection or contagious disease?Question 4 options:animalplantbacteriaroseQuestion 5 (3 points) A fish laying hundreds of eggs is an example of _________.Question 5 options:maintaining structureall of the answers are correctobtaining energyproducing offspringQuestion 6 (3 points) What do we call the branch of science for classification of organisms?Question 6 options:TaxonomyChemistryPhysicsBiologyQuestion 7 (3 points) What is an example of "maintaining structure"?Question 7 options:a cell dividingeating an applecatching a fishhealing a broken armQuestion 8 (3 points) All successful organisms must be able to do what three things?Question 8 options:obtain energy, produce offspring, eatobtain energy, eat, play video gamesobtain energy, produce offspring, maintain their structuremaintain their structure, eat, build a homeQuestion 9 (3 points) Which example is NOT a basic need of all organisms?Question 9 options:soilappropriate enviornmentwaterfoodQuestion 10 (3 points) What do all living things need?Question 10 options:energy, water, sunshine, and protectionwater, parents, a place to live, and airoxygen, an outer covering, parents, vitaminsfood, water, air, and a place to live Which statement best describes the election of 2008?A. Voter turnout was low because neither candidate excited the publicB. Voter turnout was low because the country was prosperous and secure.C. Voter turnout was high because Americans wanted to show approval for the governmentD. Voter turnout was high because Americans knew important decisions had to be made. WILL MARK BRAINLIEST (HOMEWORK TIMED PLEZ HELP)how did louis' XVI involvement in wars weaken france finacially? Applying Main Ideas The first Native Americans forced to move into Indian territory were the ________. a. Sauk from Illinois. b. Choctaw from Mississippi.c. Creek from Alabama. d. Chickasaw from Georgia. The length of a rectangle is 5 inches more than three times the width.The perimeter is 64 inches. Find the length and width. In Jason's baseball cardcollection 62% of his cards arefrom the National League. IfJason has 50 cards, how manyplayers are from the NationalLeague? Please help I actually need that help ASAP please ASAP ASAP why is it important to have a clean and healthful environment? need help on math plz help A real estate agent expected 18 people to show up for an open house, but 25 attended. Calculate the percent error. Show your work. find the probability that a number chosen at random from the integers between 5 and 16 inclusive is a multiple of 3 or a mutiple of 2 What is the value of X in this equation? Onii-Chan help me whit 5-8 A cookie recipe calls for 1/4 cup of brown sugar for one batch of 24 cookies. How many cups of brown sugar would be needed to bake 144 cookies?Group of answer choices2/31 1/41 1/21 2/3 56 is 0.4% of what number? PLEASE HELP IM GONNA BE ROTTEN STEW IF THIS IS NOT ANSWERED SOON!How does the description of the Easter Sunday event in "Marian Anderson Sings" differ from the description of the same event in the biography of Marion Anderson? "Marian Anderson Sings" includes dialogue while the biography only includes description. "Marian Anderson Sings" lists the songs that Marian Anderson performed, but the biography does not include this information. "Marian Anderson Sings" includes the number of attendees while the biography does not address this detail. "Marian Anderson Sings" describes Mrs. Roosevelt's major role in arranging the event, and the biography states that Mrs. Roosevelt was not very involved. If you attend a peaceful protest, you are exercising which First Amendment right?freedom of the pressfreedom of assemblyfreedom of religionfreedom of speech Two inductors are connected in series to a 120 volt, 60 Hz line. The values are .75 H and 1.47 H. The total inductive reactance is