Business: Suppose that a there are two goods, x and y. the price of good x is $10 and the price of good y is $4. the seller of good x offers a deal where if a consumer buys 1 unit of good x they pay full price, but the second unit of good x is only $8. calculate the slope of the budget constraint between 1 unit of good x and 2 units of good x. (remember to include a negative sign. round to the nearest two decimal places if necessary.)

Suppose that a there are two goods, x and y. the

khaz1430

08.01.2022

The slope of the budget constraint is -2.

Explanation:

There are two goods, X and Y.

The price of Good X is $10 and the price of Good Y is $4.

The price of the second unit of good X is $8.

The slope of the budget line is equal to the ratio of the price of two goods.

Hence, the slope of the budget line

= $\frac{-Px}{Py}$

= $\frac{-8}{4}$

= -2

The slope of the budget constraint is -2.

0,0(0 оценок)

skrillex88

30.05.2023

Repetitive DNA segments: transposable elements.

I hope it helps.

0,0(0 оценок)