Answer:
profit maximizing output is 4; $28
Explanation:
Noel’s firm charges the market price for window washing jobs = $30/job
Marginal cost for the 5th unit of output:
= Total cost from 5th unit - Total cost from 4th unit
= $129 - $92
= $37
At 5th level of output, the marginal cost is greater than the market price for window washing jobs.
Therefore, the profit maximizing output is 4.
Profit = (market price × output) - Total cost
= ($30 × 4) - 92
= $120 - $92
= $28
They are protected by the used of a firewall.
Answer:
e. instantly redeemable coupon
Explanation:
Instantly redeemable coupon -
It is the type of coupon , which is provided along with the goods or services , the person opt for , is referred to as instantly redeemable coupon.
This coupon , can be applied easily at the time of purchase and hence can avail the given discount.
These coupons are given , in order to attract more customers and increase the production.
Answer:
C. moral hazard.
Explanation:
Moral hazard -
It is the condition , where the person take more risk , as he or she is aware that someone else need to bear the risk , is known as moral hazard .
In this case , one of the party can change the damage of other after any type of monetary transaction has occurred .
Hence , from the question ,
The statement given in the question , is about Moral hazard .
