Answer:
A. total revenue
Explanation:
To calculate profit, producers actually subract their total cost of production from the "Total Revenue" generated.
Mathematically,
Profit = Total Revenue - Total Cost Of Production.
It can also be calculated by subtracting cost price from selling price.
<span>The Marginal Rate of Substitution refers to the rate the consumer is willing to trade for another good to maintain the level of satisfaction. It is described by ratio of prices. Maximum satisfaction is achieved when trade offs between two goods are equal. </span>
Answer:
a. gross rent multiplier
Explanation:
According to my research on real estate value estimators, I can say that based on the information provided within the question the term being described is called the Gross rent multiplier. This is defined as the number of years the property would take to pay for itself in gross received rent. This can only provide a really rough estimate because many things need to be taken into account such as the fact that not every month will have tenants paying rent and also the fact that some of the money will go to repairs.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
Rational choice theory provided a framework that we can follow to make our decisions.
Explanation:
According to relational choice theories, there are several steps that most people take before they decided to pursue a certain decision.
- First, they will collect information.
This include developing awareness of resources that they have and finding out several options that they can pursue based on the resources
- Second, they will look at their personal interest.
In this steps, they will carefully analyze each options and try to find out which of them serve their interest the most
- Third, they take the actions.
After making a conclusion, they will take the action along with the risk that associated with the options.
