Note that 14% is the same as 0.14
14% = 14/100 = 0.14
Multiply 0.14 with 2200
2200 x 0.14 = 308
Anita's monthly bill from groceries is $308
hope this helps
Increases outputs by smaller and smaller amounts.
Diminishing returns means that at a certain point with all other factors equal, increasing the inputs will yield more and more decreased outputs.
Answer:
The answer is option C, i.e. It is a function showing the highest output that a firm can produce for every specified combination of inputs and is the same as production function.
Explanation:
Production technology and production function can be stated as being the same as the ultimate goals in both cases are the same. Both of the above terms aim at gaining more output in an efficient way after the utilization of the same or minimum amount of inputs used to produce that particular output. Both of them aim at efficiency and productivity.
The amount of premium payments and when they are due.
In any contract, consideration refers to the <u>exchange of things of value</u> between the parties. For insurance contracts, the exchange is money for insurance coverage.
Competition is an example of an American value in which her children is trying to achieve. Jody's way of preparing for the school's spelling bee by using several hours a day in which Jody encourages in a sense of competition. Competition arises when competitiveness is being encourages of which Jody is doing to her daughter, in which it is classified to be an American value.<span />