The true statements here are:
A. and B.
Explanation:
In a policy that is for medical or in general converge of insurance it is usual business practice to get the percentage of coverage be the total amount of a medical expense that your insurance will pay before your deductible is met.
This means that the amount that is agreeable to pay by the insurance company is paid first and then the amount you put in is used.
With 80/20 plan of insurance, your insurance is deemed to be paying 80% and you pay 20%.
This plan relies on the fact that there is usually no need for the use of that much money from the side of the firm.
If someone believe that is never ethical to eat meat, they believe that right or wrong is defined by personal belief/prejudice
They didn't use god and religion as their right and wrong guidebook, and they also don't use concrete facts as for why is it wrong for human to eat animal unless "because they also have feelings" argument
Answer:
B
Explanation:
When we talk of a decreasing cost industry, we refer to an industry in which the expansion of the industry will lead to a decrease in the unit production cost.
So with respect to the question at hand , the correct answer is that the input prices will fall as industry expands
The case of a a technological improvement is expected to drive a decrease in the input prices for production in the expanding industry
I would suggest livelihood programs that would maximize information and proper training to study on self-employment having a small income business (food, product) or service (home utility services and technical assistance) that people can do. Provided that the government would also allow people to have start-up loan for a business. Online employment can also be opened to them for freelance opportunity,
To calculate marginal cost, divide the change in production costs by the change in quantity. The purpose of analyzing marginal cost is to determine at what point an organization can achieve economies of scale to optimize production and overall operations.
<h3>What is
marginal cost?</h3>
The marginal cost in economics is the change in total cost that occurs when the quantity produced is increased, or the cost of producing additional quantity.
According to the law of declining marginal utility, as consumption increases, the marginal utility obtained from each extra unit decreases.
Marginal cost is an important concept in economic theory because a corporation seeking to maximise profits will produce until marginal cost (MC) equals marginal revenue (MR) (MR). After then, the cost of creating an additional item will outweigh the money generated.
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