If a person has an investment goal of putting in $4000 in a business, then:
- He would have to make a good budget and not to engage in actions that would sabotage this goal.
<h3>What is an Investment Goal?</h3>
This refers to the plans and objectives of a person as he is making investments of his capital or any other factor of production in a given venture.
With this in mind, we can see that if a person makes an investment plan, then it is only wise and practical that his spendings and allocation of resources is consistent with this investment plan.
Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.
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Escape velocity, stillness is possible
B. Faldo a theory and a law are already both supported by evidence and are equal but they have different functions
Answer:
a(I).Q4, (ii). W3.
(b). Q4.
(c). (i) and (ii). Check Explanation
Explanation:
Note: Kindly check the attachment for the graph. The solution to the question is given below;
(a). Using the labels from the graph above, identify each of the following.
(i) The optimal quantity of labor Larry’s Lumber Mill will hire will be at a point in which marginal cost = marginal revenue which is point Q4
(ii). The wage rate Larry’s Lumber Mill will pay is at a point in which the Marginal revenue = marginal cost that is at point W3.
(b). Using the labels from the graph above, the number of workers Larry’s Lumber Mill would hire if the labor market were perfectly competitive is Q4.
(c). (i). Larry’s Lumber Mill’s demand for labor increase which will cause a shift to the right on the demand curve. This is so, because as the demand for housing increases, the demand for lumber will increase too.
(ii). The supply is lesser than the demand which will cause a shift to the left on the supply curve.