Implies that, for most people, the marginal benefit of reading a second newspaper is less than the marginal cost is the fact.
<h3>What is newspaper?</h3>
Newspaper is the paper that consist of the news in it, it publishes on the daily basis with the different news, there are different kind of news present in the paper like local news, international news, celebrities news, headline, exclusive news and others.
Thus, option C is correct.
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Answer:
Option A, “the substitution effect dominates the income effect” is correct.
Explanation:
If the real wage increases then the opportunity cost for leisure will also increase. Therefore, an increase in real wages and a rise in the opportunity cost of leisure induce labor to supply more workforce or labor force. This is known as the substitution effect. Moreover, when this substitution effect is greater than the income effect then the supply curve for labor is upward sloping.
Answer:
planning
Explanation:
it Helps to Set the Right Goals
In particular, planning helps to critically assess the goal to see if it's realistic. It facilitates decision making and allows setting a time frame by predicting when the company can achieve its goal
Answer:
$1.67 Million
Explanation:
Current asset = 15 Million
Current liabiltiy = 15 Million/3
= 5 Million
Let the inventory X can be purchased with short term debt without violation
per current ratio requirement
(15 + x)/5+x = 2.5
15 + x = 12.5 + 2.5x
2.5 = 1.5x
x = $1.67 Million
Therefore, $1.67 Million inventory can Baker purchase without violating its debt agreement if their total current assets equal $15 million
