Answer:
Q is 98
Explanation:
Marginal (average) cost (including opportunity cost) = $8 + $2 = $10
Profit is maximized when MR = MC = 10.
P = 402 - 2Q
Total revenue (TR) = P x Q = 402Q - 2Q^2
MR = dTR/dQ = 402 - 4Q
Equating with MC,
402 - 4Q = 10
4Q = 392
Q = 98
Answer:
$207,700
Explanation:
Blake's basis in his home in 2017 = purchase price + legal and administrative fees = $200,000 + ($700 + $2,000) = $202,700
Since the deck that Blake added to his home is considered an improvement that is permanent and increases the home's value, it will also increase the home's basis = $202,700 + $5,000 = $207,700
The answer is "no one is completely self-sufficient".
Being self sufficient means that one is able to supply one's own or its own needs without external assistance which in an individual case is impossible, everyone needs to rely for some service or something on others, and other people rely on someone too for a specific service this is how a society works.
Answer: C. Reformation
Explanation: A non-compete agreement or clause is a legal binding entered into by two or more parties which restricts the parties from being in competition with the other usually through the sale of similar product. However, in the context above, since the non-compete clause has been breached by Jack, and the judge feels the time constraint in the clause was unreasonably long, The reformation process will be best to remediate the situation, which refers to the change or alteration of the terms of an existing document using the judicial process and requires the conformation of the parties involved.
Answer:
it is an easiest type of business to set up because it requires small capital to start but has many disadvantages such as bearing all the risks alone.etc