Write the equation for the budget line with bananas

Assignment Help Business Economics
Reference no: EM1348383

You only buy apples and bananas. Your budget is such that you can purchase 3 apples and 4 bananas or 9 apples and 2 bananas. Write the equation for the budget line with bananas on the y-axis. Is that equation unique?

Reference no: EM1348383

Questions Cloud

Find the break-even point in units : You are employed as a financial analyst for a single-product manufacturing company. Your supervisor has made the following cost structure data available to you, all of which pertains to an output level of 1,700,000 units.
Employee training for stress reduction : A visualization of how Martha Stewart coped with the stress and an explanation of how the indictment must've caused stress for the MSO employees.
Cash conversion cycle : A firm currently has a 36 day cash cycle. Assume that the firm changes its operations such that it decreases its receivables period by 4 days, increases its inventory period by 1 day and decreases its payable period by 2 days.
Sequence of events necessary to establish communication : Multiple KDC Domains to chain of three KDC. In other words, suppose that Alice wants to talk to Boris through a chain of 3 KDCs. Provide sequence of events necessary to establish communication.
Write the equation for the budget line with bananas : You only buy apples and bananas. Your budget is such that you can purchase 3 apples and 4 bananas or 9 apples and 2 bananas. Write the equation for the budget line with bananas on the y-axis. Is that equation unique.
Drugs for treating psychotic symptom : Discuss the issue of patient compliance with antipsychotic drug regimens. Describe the problems caused by noncompliance and how this situation has been addressed in treatment settings.
Company residual income : Midlands Design Ltd. of Manchester, England, is a company specializing in providing design services to residential developers. Compute the company's residual income for the year.
Set the retail price for appliances : Please help me to answer the following questions, why would Whirlpool allow its dealers to set the retail price for its appliances?
Determine the current in the loop : find out the current in the loop.Determine the rate at which thermal energy is produced.

Reviews

Write a Review

Business Economics Questions & Answers

  Estimate the optimal selling cost

Express the retailer's monthly profit from the sale of the cameras as a function of the selling cost. Estimate the optimal selling cost.

  Largest distillers of premium scotch liquor

Based on some economists' definition of the relevant market, the two firms proposing to merge enjoyed a combined market share of about two-thirds, while another firm essentially controlled the remaining share of the market.

  Advantageous for all countries to utilize

Is it advantageous for all countries to utilize cheaper labor or does importing your goods.

  Fruit-picking can be done by children or adults

Assume to fruit-picking can be done by children or adults, but to adults are twice as efficient as children

  Results in the social optimum

What is the social optimum? What specific tax per unit of output of gunk results in the social optimum.

  Find the profit-maximizing choice

Find the profit-maximizing choice of q for this miniature farm; also compute profits that will be earned at this choice of q.

  Firms product provides the greatest value-created.

Elucidate which firm's product provides the greatest value-created.

  Crowding out effect

The United States is experiencing a recession and Congress decides to adopt an expansionary fiscal policy to stimulate the economy.

  Economy experienced inflation or deflation

Has the U.S. economy experienced inflation or deflation during recent recessions.

  Increase or decrease in the money supply

Increase or decrease in the money supply increase the price level to the tolerable range

  Guidelines of the federal reserve

The two smallest banks have proposed merging. Under the standard merger guidelines of the Federal Reserve and the Justice Department.

  Decide whether the demand for paint is elastic

Decide whether the Demand for paint is elastic, unitary elastic or inelastic. Elucidate your reasoning also interpret your results.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd