Answer:
Explanation:
Let x is number of books (x ≥0)
Let y is the number of DBA (y≥0)
Given that PB = $20 and PD = $40 and consumer has $200 per month, so we can form the inequalities:
200 ≥ 20x+ 40y
So we have a system of inequalities is:
Please have a look at the attached photo, the right triangle are possible solution for the system.
Hope it will find you well
Answer:
A). Average total cost will always exceed average variable cost.
C). Average fixed cost cannot increase with output, at any level of output
Explanation:
- In the short term, a company that increases its profits will increase production if the marginal cost is less than the marginal income.
- Reduction in production if marginal cost exceeds marginal income. Continue production when the average variable cost is less than the unit.
- so correct answer is A and C
Answer:
Options A, B, C, and E.
(Please check the explanation section before you judge or pick your answer)
Explanation:
The options A, B, C, and E are the options that are considered complex if we want to Craft a strategy to compete in one or more foreign markets.
Please take note that if the question asked us to pick which of the options is NOT a inherently complex reason when crafting a strategy to compete in one or more foreign markets then we would have picked Option D.
As given in the question, that is option D which says; '' buyer tastes and preferences creates challenges in standardizing products and services." Will not be a reason for crafting a strategy to compete in one or more foreign markets is inherently complex.
Countries due to globalization tends to participate in international trades. Competition in the international trade has its advantages as well as its disadvantages or risks.
To trade in the international market, countries must have their individual strategies and Option D above is NOT a inherently complex reason when crafting a strategy to compete in one or more foreign markets
A philanthropist is a person who seeks to promote the welfare of others, especially by the generous donation of money to good causes.
Answer:
Option (C) is correct.
Explanation:
Asymmetric information is also known as information failure. When one person or party in a particular economic transaction have larger information or knowledge about the other party then there is a presence of asymmetric information problem.
It is largely present in the market for health insurance because in this type of market the buyer of the health insurance policies have better information about his health as compared to the seller of the health insurance policies. He may hide some of his health issues at the time of signing the policy, hence, there is a problem of asymmetric information arises.
