Answer:
True
Explanation:
An auction is a call for offer, basically a person with highest offer value gets the object under auction, only when the hammer is passed. Generally there is a least price set with which the auction begins.
This in the given instance the sale can be withdrawn anytime before there is a proper acceptance from the seller or the fall of hammer, as these two are preconditions for the sale under auction.
After this the seller cannot withdraw and needs to sale the object.
Thus, the statement is true.
An acceptable investment is at minimum that <span>a. is exactly equal to its net present value. However, any investor would not want to see this as he expects his investment would soar higher than the npv and gain through the years. Nonetheless, instead of losing, the minimum requirement is still equal to npv.</span>
B. Cotton.
Dotted Swiss, dimity, and duck are listed in the COTTON fabric categories.
Dotted Swiss is a sheer cotton fabric that is embellished with small dots. It is also called Swiss Dot because of their fabric design.
Dimity is a sheer cotton fabric with woven stripes or checks.
As a consumer consumes more of a good or service, the additional satisfaction of consuming the additional units goes down. This is called the law of diminishing marginal utility.
<h3>What is utility?</h3>
It should be noted that utility simply means the satisfaction that's derived from using a good or service.
In this case, as a consumer consumes more of a good or service, the additional satisfaction of consuming the additional units goes down. This is called the law of diminishing marginal utility.
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Ending capital for the month = The month's beginning capital + Additional capital inflow for the month - additional capital outflow for the month
For example: if had $500 at the beginning of a month, you got a dividend of $100 during the month and also spend $50 on entertainment during the month, the ending capital would be 500 + 100 -50 = $550
