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.
<u>Answer:</u> Option C
<u>Explanation:</u>
The customers are categorized based on their time of adoption to a new product. Innovators are the first people to try the product they are few in the market. Early adopters based on the opinion of the people move to new products in the market. Early majority is a large group of people who move on with new products seeing that is the latest product and that the product which they use may become obsolete.
Laggards are the last group of people who adopt to new products. Laggards are traditional people who would like to go by old ways. Fred is a laggard who has low income and does not wished to switch to new digital technology.
Answer:
$267
Explanation:
Calculation for the amount of accrued interest on December 31, 2015
Accrued interest=20,000 x 8% x 60 days/360 days
Accrued interest= $267
Note that November 1, 2015 to December 31, 2015 will gives us 60 days while 360 days represent the number of days in a year
Therefore the amount of accrued interest on December 31, 2015 will be $267
Answer:
(b) Contractionary fiscal policy.
Explanation:
Correct word for the given statement is contractionary fiscal policy.
Contractionary fiscal policy is a type of monetary approach that includes expanding charges, diminishing government uses or both so as to battle inflationary weights.
Because of an expansion in charges, family units have less transfer salary to spend. Lower transfer pay diminishes utilization.
Answer:
The firm's cost of common stock is 13%
Explanation:
Use the following CAPM formula to calculate the cost of common stock
Cost of common stock = Risk free rate + beta x ( Market return - Risk free rate )
Where
Risk free rate = 5.5%
Market return = 11.50%
Beta = 1.25
Placing values in the formula
Cost of common stock = 5.5% + 1.25 x ( 11.50% - 5.5% )
Cost of common stock = 13%
