Answer: The marginal benefit curve is downward.
The marginal cost curve is upward
Explanation:
Unlike the marginal cost curve, whose slope is often upwards, the marginal profit curve is generally known by its downward slope.
The optimum allocation of resources to a given product will take place when these curves are used. MB = MC always.
Answer:
20 ounces of 12% solution and 4 ounces of 6% solution.
Explanation:
Let x be the quantity ( in ounces ) of 12% solution that is mixed with y quantity ( in ounces ) of 6% solution to obtain 24 ounces of 11% solution,
∵ Quantity of resultant solution = 24 ounces
⇒ x + y = 24
⇒ x = 24 - y ------(1)
Also, 12% of x + 6% of y = 11% of 24
0.12x + 0.06y = 0.11 × 24
12x + 6y = 264
From equation (1),
12(24-y) + 6y = 264
288 - 12y + 6y = 264
288 - 6y = 264
-6y = 264 - 288
-6y = -24
⇒ y = 4
Again from equation (1),
x = 24 - 4 = 20
Hence, 20 ounces of 12% solution and 4 ounces of 6% solution should mix to get this solution.
If his employer is a state or local government. In this circumstance,
Bernie can case an action in contrast to his employer under the Fourth
Amendment if his employer is a state or local government. Normally, employment
actions by private employers do not activate legal protections because the
Constitution is intended to control government extremes. The term used is State
action, which comprises arrangements by both state and federal governments. If
no State action is involved, no constitutional protections are activated.
Answer:
required return on the company's stock = 11%
Value of each share =$88.51
Explanation:
The constant growth model states that 
. If ke is made subject of formular, 
.
This implies that ke= dividend yield plus growth rate = 6%+5%=11%. Therefore the required return on the company's stock = 11%
Values of each share = 
.
where 
and P3= 
Value of each share = 
= 88.51
