Suppose a Consumer Buy Books and DVDs

question 18

Multiple Choice

Suppose a consumer buy books and DVDs.The price of a book is $10,the price of a DVD is $20 and the consumer's income is $400.If books are measured on the vertical axis and DVDs are measured on the horizontal axis,then the budget line intersects the vertical axis at:

• A) 40.
• B) 20.
• C) 10.
• D) 400.

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Definitions:

Implement

To put into action or execute a plan, decision, or tool, especially in a practical context.

Staff Planners

Individuals responsible for developing, organizing, and managing staff schedules, resources, and future personnel needs.

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A barrier or misunderstanding that occurs during the exchange of information between individuals or groups.

Resistance To Assistance

The phenomenon where individuals or groups are reluctant to accept help or support, often due to pride, mistrust, or fear of dependency.