In economics, the term marginal<span> is used to indicate the change in some benefit or cost. when an additional unit is produced. For instance, the </span>marginal revenue<span> is the change in. total </span>revenue<span> when an additional unit is produced.</span>
Answer:
Key Takeaways
Explanation:
Market economies utilize private ownership of the means of production and voluntary exchanges/contracts. In a command economy, governments own the factors of production such as land, capital, and resources. In reality, all economies blend aspects of the two.
Answer:
The correct answer is:
C. Partnerships is a reporting entity but not a taxable entity.
Explanation:
Individuals are reporting entities and taxable entities, so a is incorrect. A partnership is not a taxable entity, but partnerships are reporting entities. Because partnerships report their accountant numbers but don't pay direct taxes. However, the individuals in that partnership declare their income and are taxed on their individual earnings. Corporations have to report and get taxed over their income. So the correct option is C.
<span> the difference between atmosphere and biosphere</span><span> is that </span>atmosphere<span> is the gases surrounding the earth or any astronomical body while </span>biosphere<span> is the part of the earth and its atmosphere capable of supporting life. </span>
<span>I think the correct answer from the choices listed above is option A. Having to do all the work is an example of h</span>aving to do all the work is an example of an a<span>dvantage to Society of using Authority. Hope this answers the question. Have a nice day.</span>
