Robert spends his income on lattes and all other goods. lattes cost $4 each. if his income increases from $400 to $500 and the price of lattes increases to $5, which of the following are true? assume that lattes are on the horizontal axis and all other goods are on the vertical axis.

choose one or more:
a. the budget line gets flatter.
b. robert would be able to purchase the same quantities of lattes even after the price increased.
c. robert's budget set will increase.
d. robert's budget set will shrink.

marketing strategies should be established before marketing objectives are decided. t/f

Lavage rapide is a canadian company that owns and operates a large automatic car wash facility near montreal. the following table provides data concerning the company’s costs: fixed cost per month cost per car washed cleaning supplies $ 0.70 electricity $ 1,400 $ 0.07 maintenance $ 0.15 wages and salaries $ 4,900 $ 0.30 depreciation $ 8,300 rent $ 1,900 administrative expenses $ 1,400 $ 0.03 for example, electricity costs are $1,400 per month plus $0.07 per car washed. the company expects to wash 8,000 cars in august and to collect an average of $6.50 per car washed. the actual operating results for august appear below. lavage rapide income statement for the month ended august 31 actual cars washed 8,100 revenue $ 54,100 expenses: cleaning supplies 6,100 electricity 1,930 maintenance 1,440 wages and salaries 7,660 depreciation 8,300 rent 2,100 administrative expenses 1,540 total expense 29,070 net operating income $ 25,030 required: calculate the company's revenue and spending variances for august.

Summarize the specific methods used by interest groups in order to influence governmental decisions making in all three branches of government. provide at least two examples from each branch.