Answer:
a. b. When q = 2
Marginal Benefit = 20 – 4q
= 20 - 4(2)
= 20 – 8
= 12 When q = 10
Marginal benefit = 20 – 4q
= 20 – 4(10)
= 20 – 40
= -20[/tex]
c. Total Benefits are maximised when MB=0
Therefore, q=5 maximizes total benefits.
d. Total cost is given by
When q=2,
When q= 10
e.
f. Total cost is minimized at Q=0. At any other level Total cost is increasing for every value of Q.
g. Net benefits are maximized when
So, q=2.5 maximizes net benefits.
The correct answer is answer b. a credit union
Answer:
The correct answer is the option D: in a defective condition that was proximate cause of the damage.
Explanation:
In the case that the product sold by the Custom Ceramics Corporation was in a defective condition at the time of the sale and that particular circumstance was proximate cause of the damage inflected in an oven at Duramold Plastics then the liability may be imposed on the organization that sold that product in bad conditions that turned out in unpleasent events that the other company had to go through. That is why if the tiles were in a defective condition then Duramold Plastics could imposed liability to Custom Ceramics.
Answer: The correct answer is choice b.
Explanation: The of the choices are recognized as important influences in the development of the banking crisis of 2008 except that the IMF bailed out Freddie Mac and Fannie Mae. These two organizations were bailed out, but by the US Treasury and not by the IMF.
China should seek assistance from the IMF or International Monetary Fund. According to the IMF, it works to nurture global growth and economic steadiness by providing policy, information and financing the members, by working with developing states to help them reach macroeconomic stability and decrease poverty. The basis for this is that private international capital markets function poorly and many countries have inadequate access to financial markets. Such market imperfections, together with balance-of-payments financing, offer the reasoning for official financing, without which many countries could solitary correct large external payment imbalances through actions with adverse economic consequences. Also, the IMF provides alternate sources of financing.