Answer: C. The ATC curve eventually slopes upward because average variable cost eventually increases
Explanation:
The Law of Diminishing Marginal Returns causes the Average Total Cost curve to eventually slope upwards because the Average Variable Cost will increase.
Why?
At first, with production increasing, a firm will be very efficient at producing a certain good thereby driving the cost down per unit. As time goes on however, the law of Diminishing Marginal Returns comes into play as more is invested into the business. The cost per unit will therefore rise which will lead to the ATC curve going upwards.
I have included a simple graph to illustrate.
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The correct option is B. Participative leaders take steps to ensure that their employees take part in making decisions that affect the company. This type of leadership is especially effective when the employees have high degree of ability and when the decisions are personally relevant to them.
The carrying value of a bonds at the time of maturity will always equals: par value.
<h3>What is Par value?</h3>
Par value can simply be defined as the price of a bond or face value of a bond.
The carrying value of bonds at the time of maturity will always equals par value by adding or lessing the carrying amount or unamortized discount or unamortized premium.
Inconclusion the carrying value of a bonds at the time of maturity will always equals: par value.
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Answer:
The correct answer is Indirect exporting.
Explanation:
Indirect exporting is one that is carried out through third parties who act as intermediaries, and who in turn are responsible for all legal procedures in the destination country. In this, the producing company only has the obligation to put the products in the port and the buyer is in charge of the entire import, transport and distribution process within the destination country.
