Answer:
Insurance cost
Explanation:
There are various costs that incur in projecting operating expenses. Insurance cost is usually paid at the start of the project normally in the first year. Insurance cost is not likely to incur in the second and third year if the situation of assess such as equipment remains the same. If the new equipment is purchases by the company in the second or third year only then insurance cost will incur.
Answer:
b. supply curve for diamond rings will shift right, which will create a surplus at the current price. Price will decrease, which will increase quantity demanded and decrease quantity supplied. The new market equilibrium will be at a lower price and higher quantity
Explanation:
This question isn't complete. The full question can be found here: https://www.chegg.com/homework-help/questions-and-answers/market-diamond-rings-closely-linked-market-high-quality-diamonds-large-quantity-high-quali-q34930995
High-quality diamonds are an input used in the production of diamond rings. If the supply of high quality diamonds increases, it implies that the production of diamond rings would increase. As a result of the increased production, the supply curve would shift to the right. This would lead to an excess of supply over demand known as a surplus. This would cause equilibrium price to fall and quantity to rise.
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Answer:
Producing 4 units yields the highest marginal revenue at 1500.
Explanation:
To calculate marginal revenue we look at the change in revenue figure compared to the change in units. In other words dividing the change in total revenue by the change in total output quantity.
Based on the information given these are the changes in marginal revenue per quantity.
1. 1200
2. 2200 - 1200 = 1000
3. 3400 - 2200 = 1200
4. 4900 - 3400 = 1500
5. 5500 - 4900 = 600
6. 6000 - 5500 = 500
7. 6500 - 6000 = 500
8. 6200 - 6500 = (300)
Thus based on the comparisons of the different quantities optimal marginal revenue is reached at 4 units of production. 1500 total marginal revenue
Answer:
Explanation:Three legal form of business organization
(1)sole proprietorship:-this is a one man business the PROPRIETOR. He runs the total affairs of the business
Advantages:-The owner has the final says
He enjoys all profits
Disadvantage:-the owner bears the loss alone.
His death can end the business..
(2)PARTNERSHIP:-It is a business owned by two or more people called partners..
advantages:-fund raising is easy..
They bring experience together..
Work load is shared.
Disadvantages:-profits is sheared..
Disagreement can set in and end the business
Death of some partners can end the business..
LIMITED LIABILITY COMPANY:-A limited liability company is a corporate structure whereby the owner are not personally liable for the company's debt or liabilities. Limited liability companies are hybrid entities that combines Tue characteristics of a corporation with those of a partnership or sole proprietorship..
Advantage:-transfer of ownership is easy..
Disadvantage:-exploitation of share holders..
C because I
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