FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

your comapny want to purchase atv's for your summer business and snowmobiles for winter business. your budgey for new vehicles this year is 280000$ atv

your comapny want to purchase atv's for your summer business and snowmobiles for winter business. your budgey for new vehicles this year is 280000$ atv cost 7000$ each and snowmobiles cost 14000$ each. draw the budget line for the purchase of new vehicles

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Economics

Economics

Authors: Campbell McConnell, Stanley Brue, Sean Flynn

21st Edition

1259723224, 9781259723223

More Books

Students also viewed these Economics questions

Question

★★★★★
The cables for the central span of a suspension bridge take the shape of a parabola. If the towers are 800 meters apart and the cables are attached to them at points 400 meters above the floor of the...

Answered: 1 week ago

Question

★★★★★
What are the available approaches that an organization can use to manage cultural differences and analyse the cultural effects on buyer behaviour?

Answered: 1 week ago

Question

★★★★★
4. Evaluate how jury composition and legal understandings of jurors might influence the verdicts they reach.

Answered: 1 week ago

Question

★★★★★
A firm is considering two alternatives: At the end of 4 years, another B may be purchased with the same cost, benefits, and so forth. If the MARR is 10%, which alternative should be selected? A...

Answered: 1 week ago

Question

★★★★★
4. Given that the assessable income for the company is GH140,000, the finance cost is GH90,000 and there is no corresponding finance gain, what is the allowable expense

Answered: 1 week ago

Question

★★★★★
What is the covariants between stock 1 and stock was returns? Expected return Probability Stock 1 Stock 2 good economy. 0.2 0.19 0.28 okay economy 0.5 0.11 0.05 bad economy 0.3 -0.06 -0.39 please...

Answered: 1 week ago

Question

★★★★★
Compare the resiliency to failure of n-cube to a fully- connected interconnection network. Plot a comparison of reliability as a function of the added number of links for the two topologies. Refer to...

Answered: 1 week ago

Question

★★★★★
Write the Kalman filter equations for an \(\operatorname{AR}(1)\) process written is state space form with \(H_{t}=1, \alpha_{t}=z_{t}\) and \(V_{t}=0, \Omega_{t}=\phi, R_{t}=\sigma_{a}^{2}\). Show...

Answered: 1 week ago

Question

★★★★★
A wire bent into a circular arc of radius \(R\) subtending an angle \(\phi\) carries a current of magnitude \(I\) (Figure 28.35). Use the Biot-Savart law to derive an expression for the magnitude of...

Answered: 1 week ago

Question

★★★★★
As of May 31, 2011, the bank statement showed an ending balance of \(\$ 17,250\). The unadjusted Cash account balance was \(\$ 16,450\). The following information is available: 1. Deposit in transit,...

Answered: 1 week ago

Question

★★★★★
Consider an economy that is populated by many identical riskneutral banks so that we can pick up an arbitrary representative bank and investigate its behavior. The bank makes loans at time 0, and the...

Answered: 1 week ago

Question

★★★★★
Austin sues ITC Classmate for his injuries. He claims past and future lost wages, medical expenses, and emotional pain and suffering. ITC Classmate and Austin agree to settle Austin's claims prior to...

Answered: 1 week ago

Question

★★★★★
1. Discuss the following statements: a) Predetermined is not the same thing as predictable. b) When we are aware of the consequences of our behaviour, we can change our behaviour. c) What we know is...

Answered: 1 week ago

Question

★★★★★
2. In this chapter, the reader should reflect on the following concepts:

Answered: 1 week ago

Question

★★★★★
1. To provide an understanding that a person in a communication situation conveys three things at the same time: their position, basic interests and values.

Answered: 1 week ago

Previous Question Next Question