Rationing is is the act of Limiting the amount of certain goods that civilians can buy. Rationing became common during the Second World War. Ration stamps were often used. These were redeemable stamps or coupons, and every family was issued a set number of each kind of stamp based on the size of the family, ages of children and income.
Answer:D.$14,100 gain
Explanation:
The par value of a bond is $100 when it's issued below the price it's issued at a discount which is a loss to the firm and when it's issued above the par value, it's issued at a premium which is a gain.
The issue of $705,000 means 7050 numbers were issued and retiring it $102 means at a premium of $2 per bond and a total of N14,100 gain.
Answer:
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Answer:
B) average total cost must be rising
Explanation:
Marginal cost is the rate at which total variable cost increases when one more unit is produces.
So when marginal cost is larger than average cost, it means that total average costs must be increasing.
For example, we have the following production costs:
- total costs = $100
- units produced = 20 units
- total average costs = $5 per unit
If the marginal cost of producing 1 more unit is $6, then the total costs will be $106 and the total average cost will be $5.05 per unit (= $106 / 21 units).
There must be a<u> cordial relationship</u> and trust between two manufacturers in a business ecosystem working towards developing a new product for consumers.
<h3>What is a Business Ecosystem?</h3>
A business ecosystem is a deliberate commercial arrangement involving two or more organizations to develop and share a common value for consumers.
Every business ecosystem contains participants, and at least one of them serves as the controller. There must be a<u> cordial relationship</u> and trust between two manufacturers in a business ecosystem working towards developing a new product for consumers.
The primary advantage of adopting business ecosystems is to be better positioned, promote innovation, and maximize capital efficiency in order to produce customer value.
Learn more about Business Ecosystem here:
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