Option D, These countries experience diminishing returns to physical capital per worker with technology and human capital per worker being fixed
Explanation:
The curve which represents the relationship between physical capital per employee and production per employee illustrates the value of human capital per employee and technologies.
Both Albernia and Brittania have decreasing returns on physical capital as the same incremental rises in physical capital per employee in both countries — continuous job retention in human capital and technology — will lead in smaller and less actual GDP changes per employee.
So, Both human capital per worker and technology are held fixed. Yes, there are diminishing returns.
Answer:
.C. your competitors will steal it
Explanation:
People with new and creative ideas have the problem of their idea being stolen by their competitors once it gets to the market.
Entrepreneurs find it surprising to learn that stealing someone else's business idea is often legal. Unless the idea is being protected by a trademark, patent or copyright, other businesses might take the idea and run with it. However, in many instances, some exceptions to the rule, the extent and obviousness of the theft can affect whether or not it is legal
Answer:
The correct answer is: inputs such as wages and salaries to its employees, whereas implicit costs are non-expenditure costs that occur through the use of self owned resources such as foregone income.
Explanation:
The implicit costs.
Also known as opportunity costs have to do with alternative earning options, or money that we no longer receive when performing certain commercial actions.
A company incurs implicit costs when it waives an alternative action but does not make a payment. Implicit costs of a company are:
- The use of the company's own capital (money or assets).
- The use of money, assets and financial resources of the owner.
Explicit costs. They are what we usually see and are easy to identify. Even if they can present some complication for their determination, it is possible to identify them thanks to the business operation itself.
Explicit costs are paid with money. In a food company the costs recorded by the company accountant are the explicit costs, for which the company disburses cash, such as wages and salaries, truck maintenance, tolls, service payments, and so on.
Answer:
dialectic approach
Explanation:
Dialectic approach -
According to this method , the two or more people with different views about a common topic are debated , is referred to as dialectic approach.
It is a form of debate , where any emotional appeal is not used .
It is also known as minor logic.
Hence, from the given scenario of the question,
The correct term is dialectic approach .
Answer:
C. Except it isn't Orin that will avoid the taxes, but his heirs.
Explanation:
