Answer:
primary sector involves agricultural stuufs
hope it is helpful
The cost of advertising is part of the firm's variable cost and if advertising enables the firm to sell a greater output, its average total cost does not change.
Variable costs are dependent on the production output and sales. The variable cost of production is a constant amount per unit produced.
As the volume of production and output increases, variable costs will also increase. Alternatively, when fewer products are produced, the variable costs associated with production will consequently decrease.
Different examples of variable costs are sales commissions, cost of raw material, direct labor costs, used in production, and utility costs.
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Answer:
Option E
Explanation:
Absolute advantage means that with the same input one country is able to produce more goods and services as compared to the other.
As we can see, Germany is able to produce 40 tons of steel with the same inputs as that of South Korea.
In the same way, Germany is able to produce 10 personal computers with the same inputs as that of South Korea.
Hence, Germany has an absolute advantage in the production of both steel and PCs
Option E is correct
Answer:
$12,055.44
Explanation:
The computation of the maximum car purchase price that can afford the loan is as follows:
But before that following calculations must be done:
The Monthly interest rate is
= 9% ÷ 12
= 0.75%
The Maximum price ($) is
= $300 × PVIFA(0.75%, 48)
= $300 × 40.1848
= $12,055.44
Answer:
The correct answer is (3)
Explanation:
A Limited Liability Company, or LLC, is a kind of legitimate business structure that makes a body separate from the entrepreneur. The essential advantage in framing a LLC in your venture is that you, and any partner from your business, are protected from individual obligation. That implies if your business is sued, offended parties can just pursue your business resources and not your own ones, for example, your home.
