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Natali [406]
1 year ago
9

Uncertainty refers to situation when there is more than one possible outcome to decision and where the probability of each speci

fic outcome is not known what is the reason behind of this ?
Business
1 answer:
SVETLANKA909090 [29]1 year ago
7 0

A risk is behind the uncertainty that means situation when there is more than one possible outcome to decision and where the probability of each specific outcome is not know.

<h3>What is a risk?</h3>

This refers to the chance either high or low that any hazard will actually cause somebody harm.

For instance, the act of working alone away from your office can be a hazard and the risk of personal danger may be high.

It is true that uncertainty that means situation when there is more than one possible outcome to decision and where the probability of each specific outcome is not know, but a risk is behind tne situation.

Read more about risk

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How do fixed costs per unit​ behave?
ipn [44]
83974875687168756574150674564736%
7 0
3 years ago
In the field of economics, the additional cost associated with one more unit of something is called a(n)?
antoniya [11.8K]

In the field of economics, the additional cost associated with one more unit of something is called a(n) marginal cost.

This is further explained below.

<h3>What is marginal cost.?</h3>

Generally, The change in the overall cost that occurs as a result of an increase in the amount produced is referred to as the marginal cost.

This is also referred to as the cost of producing an extra quantity.

In conclusion, In the study of economics, the term "marginal cost" refers to the extra expense incurred by producing one more unit of a certain product or service.

Read more about marginal cost.

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3 0
1 year ago
Frank purchased land containing oil reserves for $425,000. He has calculated his cost depletion for the year to be $20 per barre
leva [86]

Answer:

1 of 3.  $52,000

2 of 3. $68,000

3 of 3 Percentage depletion

Explanation:

The percentage depletion rate = 15% of gross income and limited to 65% of the net income

The gross income = $600,000

The operating expense = $520,000

The net income = $600,000 - $520,000 = $80,000

Therefore at 15% gross income, we have;

Percentage depletion rate = $600,000 × 0.15 = $90,000

65% of the net income gives;

$80,000 × 0.65 = $52,000

1 of 3. Therefore since 15% of the gross income ($90,000) > 65% of the net income($52,000), we have

The percentage depletion rate = $52,000

2 of 3. Therefore, he can deduct $120,000 - $52,000  = $68,000

3 of 3 He should therefore use the percentage depletion method to maximize his deductions

We therefore have;

Assuming this is domestic production, the amount of percentage depletion expense is _$52,000_. If he uses this method he can deduct _$68,000_ for tax purposes. He should use the _percentage depletion_ method to maximize his deductions.

6 0
2 years ago
After researching many different shoes, Chris narrows down his choice to these two. Which shoes are the best deal?
Ad libitum [116K]
The answer is b hope this helps!
5 0
3 years ago
In the demolition of an old building, a 1,300 kg wrecking ball hits the building at 1.07 m/s2.
Reptile [31]

Answer:

f=ma

f?

m=1300kg

a=1.07m\s squared

f=1300kg x 1.07=1391N

Explanation:

please mark me brainliest!!

7 0
2 years ago
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