The answer to your question is B
Answer:
Constant returns to scale.
Explanation:
Returns to scale measures the rate at which output changes in relation to increased input.
In the given scenario each worker must use only one shovel to dig a trench, and shovels are useless without the workers.
So of there is increase in price and reduction in shovel output will reduce. Returns to scale is constant with input
Answer and explanation:
The law of Diminishing Marginal Utility states that the more you consume a good or use a service, the less satisfied you will be with each successive use or consumption. It is an important concept in determining consumer preferences. It assumes consumers are rational and will spend money in a way that maximizes contentment with each subsequent unit without negatively affecting their total enjoyment.
Answer:
D) $60,000
Explanation:
Loss which Karen can report on her tax return will be 50% of the loss for the year = 50% of $ 120,000 = $ 60,000
Answer:
Cost of preferred stock = 12%
correct option is A. 12 percent
Explanation:
given data
preferred stock = $125 per share
annual dividend = $15
cost of issuing and selling = $4 per share
to find out
cost of the preferred stock
solution
we know that Cost of preferred stock is express as
Cost of preferred stock = Annual dividend ÷ (Stock price-Flotation cost) ...........................1
and we know Flotation cost will be here = 
= 3.20 %
so
from equation 1 we get
Cost of preferred stock = Annual dividend ÷ (Stock price-Flotation cost)
Cost of preferred stock = $15 ÷ ($125 - 3.20 % )
Cost of preferred stock = 0.120030
Cost of preferred stock = 12%
correct option is A. 12 percent
