A manufacturer would need to find the production quantity where the marginal rate of return equals marginal costs (this is called the equilibrium point). This would be the point where profits are maximized.
1. The personal representative of a decedent is known as an executor.
2. In a situation where the decedent does not have a valid will, the court-appointed representative who supervises the probate process is called an <u>administrator</u>.
<h3>What is the probate process?</h3>
The probate process refers to the formalized legal process followed to recognize a will and appoint the executor or administrator (as the decedent's personal representative) to administer the estate and distribute assets to the intended beneficiaries.
The executor or administrator is responsible for supervising the probate process and settling the estate of the deceased or decedent.
Thus, whereas, the personal representative of a decedent is called an <u>executor</u> with a valid will, they are known as <u>administrators</u> when the court appoints them to the office.
Learn more about administering a will at brainly.com/question/25694947
Answer:
heheheheheheheheheheheheheheheheheheheheheheheheheheheheeheheheheheheehehehehehe.
Answer: Cost to purchase the options on the exercise date = $1000
Explanation:
Given:
Stock options awarded = 10
Right to buy shares = 10
Exercise price = $10
We'll compute the cost as follow:
Cost to purchase the options on the exercise date = Stock options awarded × Right to buy shares × Exercise price
Cost to purchase the options on the exercise date = 10×10×10
Cost to purchase the options on the exercise date = $1000
<u><em>Therefore, the correct option is (d)</em></u>
