Answer:
b)AC(q)=3/4
Explanation:
Since Marginal product of labor (MPL) =2
And Marginal product of capital (MPK) =4
The price of labor i.e w=2
And, the price of capital i.e R=3
That determines
MPL ÷ W< MPK ÷ R.
Therefore producer will only use capital and k should be Q ÷ 4 and cost will RK i.e. RQ ÷ 4 =3Q ÷4
Hence, average cost is
=TC ÷Q
=3/4.
Here, Q = quantity and TC = total cost
Answer:
$200,000
Explanation:
In the given case, The distribution which is treated as a dividend is equal to the current E&P i.e $200,000 because the distributions are paid first by current E&P and when it is consumed then the balance of accumulated E&P got reduced.
So, it also consider the current E&P as a dividend
All other information which is given is not relevant. Hence, ignored it
Answer: Determines the standard of life of a nation over the long term.
Explanation:
Economists believe that the economic growth of a country determines the standard of living of its people over the long term which is why measures such as GDP per capita exist.
They argue that if the economy is growing, more wealth will be created for citizens to access and the higher production of goods and services will give citizens more choice on what to buy to be able to improve their standard of living.
Answer:
E. They will receive several tax deductions
Explanation:
Certain "reasonable and necessary" adoption related expenses are quantifiable for tax deductions, such as:
- Court costs
- Attorney's fees
- Traveling expenses related to the adoption
- Certain other costs directly related to the adoption process
