We can use different parts of a landscape to represent different stages of its evolution this strategy is called trading location for <u>time</u>
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<h3>Definition of evolution</h3>
The term "evolution" is one that most of us first hear in a science class, although the idea has application in a variety of fields, including biology, technology, and behavior.
When we discuss business evolution, we're talking about adapting to market dynamics, client demand, and evolving technologies to assure relevance and advancement.
According to Paul Salnikow, who makes this argument, "We have seen the rise of shifts in business habits, with global travel, The emergence of the internet, and really global communication. People now view marketplaces on a regional or even global level rather than as a country or city, and in order to reach their markets, they relocate.
Learn more about evolution
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Answer:
Dividend paid during the year will be $55000
So option (B) will be the correct answer
Explanation:
We have given dividend declared during the year=$60000
Dividend payable at the beginning of the year=$20000
Dividend payable at the end of the year=$25000
We have to find the dividend paid during year
Dividend paid during the year=Dividend payable at the beginning of the year+ Dividend declared during the year-Dividend payable balance at the end of the year
Dividend paid during the year=$20000+$60000-$25000=$55000
So option (b) will be the correct answer
Answer:
The correct answer is the third statement which says to maximize profits, the firm should produce less than 500 units.
Explanation:
The quantity of output produced is 500 units.
The marginal cost of producing 500 units is $1.50.
The minimum average variable cost is $1.
The price of the product is $1.25.
The firm will be at equilibrium when the price is equal to marginal cost. To maximize profits firm should decrease output to the extent that marginal cost comes to $1.25. At that point, the firm will earn profits as average variable cost is lower than the price.
