Answer:
A. cannot form a hook because it then would be upward sloping.
Explanation:
As in the case when the indifference curve slopes upward so the consumer would be indifferent that lies between the two bundles that generate more of the consumption goods
Now in case when the curve is hook sloping upward so the preference of the consumer could violate the assumption i.e. the more it is , the better it is
Therefore the option A is correct
Answer:
In the short run, these workers are <u>VARIABLE</u> inputs, and the ovens are <u>FIXED</u> inputs.
NUMBER OF OUTPUT (PIZZAS) MARGINAL PRODUCT
<u>WORKERS </u> <u> </u> <u>OF LABOR (PIZZAS)</u>
0 0 -
1 100 100
2 180 80
3 240 60
4 280 40
5 300 20
Marginal product of labor is how much does total output change if one additional unit of labor is employed. The formula used to calculate it = total output with n+1 workers minus total output with n workers.
Answer and Explanation:
The Journal entry is shown below:-
Depletion expense - Coal Deposit Dr, $280,000
(($900,000 - $100,000) ÷ 200,000) × 70,000
To Accumulated depletion -Coal Deposit $280,000
(Being depletion expense for the current year is recorded)
For recording the depletion expense for the current year we simply debited the Depletion expense - coal deposit as it increased the expenses and we credited the accumulated depletion -coal deposit as it reduced the value of the assets
Whilst the cash supply increases from MS1 to MS2, the equilibrium interest rate: D) decreases from i1 to i2, decreasing funding spending from I2 to I1.
Equilibrium interest rate. The point at which the amount of cash demanded equals the amount of cash furnished determines the equilibrium interest charge within the economy. overall call for money. inside the classical concept, the equilibrium price of interest is the one that equals the delivery of loanable funds to the call for loanable funds.
If the Fed increases the cash supply, the delivery curve shifts to the proper, and the equilibrium hobby charge falls. Likewise, if the Fed decreases the cash supply, the delivery curve shifts to the left, and the equilibrium interest rate will upward push.
If hobby fees are better than the equilibrium in which delivery equals demand, there may be excess supply inside the market. With excessive hobby rates, numerous people are advocated to store rather than to spend, inflicting the quantity of loanable price range furnished to be larger.
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Answer: April 15, 2022
Explanation:
The limit on issuing cash refunds is three years which means that Jose would have to file the amended return within three years if he hopes to obtain a refund on the taxes he paid in 2018.
The deadline to file returns for 2018 is April 15, 2019 so if the deadline is 3 years from then, the latest date would be:
= 2019 + 3
= 2022
= April 15, 2022
<em>Options presented might be for variant of question. </em>
