Answer:
c. $550,000
Explanation:
The total cost of opening the new branch and remaining open for one year will be inclusive of the fixed cost which is the cost of opening the new branch and the cost of providing services in a year. This is a variable expense as the total cost depends on the number of customers served during the year.
Hence the total cost of opening the new branch and remaining open for one year will be
= $500,000 + $50 * 1,000
= $550,000
Answer:
b. is still 1,000 pounds.
Explanation:
profit-maximising level of output is found where marginal cost = marginal revenue
if fixed cost increases, the marginal cost still remains unchanged. so, the profit-maximizing level of output remains unchanged
A stepping stone towards a future education is when the student graduates from high school and got his or her diploma. This is the turning point where he or she will start on choosing the path of their careers and start on this careers in the betterment of the country and future education that they will learn as they step high.
Answer:
The answer is c:
Enforceable via employee agent
Explanation:
The definition of agency law deals with agent-principal relationships; that is a relationship where one party has the legal authority to act in place of another. Relationships that are commonly associated with agency law include employer-employee, administrator-decedent or executor, and guardian-ward.
Agreements that result in the formation of agency-type relationships can be implied or express, and both the principal and the agent can be an entity (such as partnership or corporation) or individual.
Here in the given situation, since, Elaine is an employee of the business and knowledgeable enough to deal with the contract filing, it is implied that she is acting as an employee agent, that she can help the customer in filing the contract.
Answer:
money demand; leftward
Explanation:
Money demand depends upon the interest rate as well as the price level.
When the money market is been drawn with a value of the money on the , the quantity of money demanded is increased and the price level also increases. Also the curve slopes downward. But it decreases the the money supply as well as the price level.
When the money demand shifts towards left or when the money supply shifts rightwards, the price level increases.