Answer:
Profit Maximisation
Explanation:
Profit is the difference between total revenue (receipts) from sale & total cost (expenditure) on production.
Total Revenue = Price x Quantity ; Total Cost = Average Cost x Quantity
Economists study all the producer behaviour, based on assumption that : Goal of firm is Profit Maximisation.
Maximising Profit implies maximising the difference between Total Revenue & Total Cost [ TR - TC] . This further leads to producer equilibrium rule of Marginal Revenue = Marginal Cost [MR = MC] ; i.e additional revenue per unit sold equals additional cost per unit production.
It would depend on the topic
Some options:
-Bar graph
-Line graph
-Pie chart
-Area chart
-Scatter chart
-Histogram
-Map
-Funnel chart
The legal issue that Susan's father was advising her about is: Caveat emptor.
<h3>What is Caveat emptor?</h3>
Caveat emptor is a Latin words which means let the buyer beware before buying or purchasing a property.
Hence, Susan's father advising her about Caveat emptor which is why he told her facts to obtain a thorough inspection before buying or purchasing the real estate.
Learn more about Caveat emptor here:brainly.com/question/14565508
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Answer:
11.63 million dollar
Explanation:
In 2005 the construction cost index was 1746 , in 2015 , it was 3260.
change in index in 10 years = 3260-1746 = 1514
change in 5 years ( estimated ) = 757
Estimated index in 2010 = 1746 + 757
= 2503
Estimated index in 2020 = 3260 + 757
= 4017
Value of building in 2010 = 1746 million dollar
Value of similar building - X
X / 1746 = index in 2020 (probable ) / index in 2010
X / 7.25 = 4017 / 2503
X = 11.63 million dollar
Answer:
B) making warranties easier to understand.
Explanation:
The Magnuson Moss Warranty Act of 1975 governs consumer product warranties. Manufacturers are not required to offer product warranties, but when they do, they are required to provide clear and detailed information about warranty coverage. This law applies only to products, it doesn't apply to services.