Answer:
A. the iso-quant line is tangent to the iso-cost line.
Explanation:
Cost minimization refers to the decrease in level of cost of production for certain specified level of production.
Iso quant line represents the labor and capital combinations keeping the total cost same. The least combination represents the tangent to isoquant, basically representing the idle choice of labor and capital.
In this manner the company chooses the idle way of cost minimization.
Answer:
GDP by expenditure method=C+I+G+X-M
=6300+2300+4521+3120-200
=$16,041 billions
GDP at MP by income method= wages+ rent+ interest+ Corporate profit+ Proprietor income+ Depreciation+ indirect business tax
=8174+365+903+1895+1343+1987+1341
=$16,008 billions
Statistical discrepancy= GDP by expenditure method - GDP by income method
=16,008-16041
=$33 billions
The highest number because in money the highest fee is the most money
The first blank is <span>Simple Interest and the last one is CashBack</span>