A person who is the exclusive owner of a business, entitled to keep all profits after tax has been paid but liable for all losses ; a sole trader.
Answer: Option A
Explanation: In simple words, real GDP refers to the macroeconomic measures under which the Economist adjust the GDP for the price change over time.
Under such a GDP, the economist tries to find out the volume of output increase rather than the value of the output increase by adjusting the produced commodities for the inflation.
Hence the correct option is A.
Answer:
$10,000
Explanation:
Data provided in the question:
Dividend per share = $0.90
Number of shares = 40,000
Number of years for which dividend is not paid = 4 years
Dividend paid this year = $170,000
Now,
Dividend still in arrears
= ( Number of years × Shares × Dividend per share ) - Dividend paid this year
= [ ( 4 + 1 ) × 40,000 × $0.9 ] - [ $170,000 ]
= $180,000 - $170,000
= $10,000
Answer:
variable costs; diminishing marginal returns
fixed costs; do not change
Explanation:
Variable costs are costs that changes with the level of output. If output increases, variable cost increases and if output falls,it falls. Examples of variable costs are wages, cost of production materials etc.
Fixed cost don't vary with production. Example rent.
They do not increase or decrease with production.
I hope my answer helps you
Answer
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