Answer:
D. implies that, for most people, the marginal benefit of reading a second newspaper is less than the marginal cost
Explanation:
When marginal cost is greater than marginal benefit ,There's inefficiency. It is better for the consumer to stop consumption at this point.
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Answer:
Nixon = (155,000/331,000)*15,500 = 7,258.31
Cleveland = (105,000/331,000)*15,500 = 4,916.92
Pierce = (71,000/331,000)*15,500 = 3,324.72
TOTAL DISTRIBUTION: 15,500.00
Explanation:
A cash liquidation distribution or liquidating dividend is a distribution of cash or other assets to shareholders when a business is liquidated. This distribution represents the amount of capital returned to the investor or business owner when a corporation is partially or fully liquidated. This dividend is paid out after all creditor and lender obligations have been settled, so the dividend payout should be one of the last actions taken before the business is closed.
The dividends are returned to investors per the capital structure of the business, not per profits and losses participation.
<em>catalyst is not a reactant it just speeds up the chemical reaction but does not convert into the end product.</em>
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Answer:
d) <u>Express warranty</u>
Explanation:
Express warranty refers to the sort of warranty wherein the seller explicitly or clearly guarantees for the quality, reliability and durability of his product.
The seller in such cases expressly claims that if products do not meet the standards or quality as claimed by him, such products would be either repaired free of cost or replaced by another similar functional product.
For instance, in case of many watches, an express warranty written statement is accompanied and stamped by the dealer. In case the watches do not meet the mentioned claims, they are either repaired free of cost or replaced.