The law of diminishing returns states that if one input in the production of a product is increased while other inputs are fixed, a point will be reached where the addition of more of the input will result in a gradually smaller increase in output. Producers usually take into consideration the law of diminishing return; the law determines the quantity of product that a producer can manufacture and supply in order to make maximum profits.
Answer:
A = 1.88
B = Elastic demand
C = Fall in turnover by $4,000
Explanation:
Elasticity demand is calculated with formula % change in demand / % change in price.
It is elastic if the result is greater than 1 , and inelastic if less than on.
The turnover dropped from $31,500 to $27, 500
Answer:
there's 29,500 left
Explanation:
71,000-46,500=34,500-5000=29,500
A tree on a property is real property while rooted in the soil. when the tree is cut down, it becomes personal property. this is an example of severance.
Severance is the act of removing something connected to land. as an example, a farm fence, which is classed as actual property, becomes personal property (rolls of wire and posts) when it is taken down (when it is severed from the land).
Some task hunters can also know a way to negotiate revenue and benefits whilst they're hired, but they may now not recognise they are able to negotiate such capabilities after they go away from an corporation. Most employers provide a severance agreement that outlines the monetary phrases on which the employee will go away the company. Negotiating a suitable agreement includes considering how to conduct yourself during discussions with the agency, the coins and blessings you need to live on, and whether or not to hire legal help.
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Answer:
using the barter system.
the barter system is a system that exchange 1 item to another.
this kind of technique is quite risky because sometimes you got either more or less valuable item.
but for me i prefer using the barter system.