Answer:
b. Diminishing marginal returns
Explanation:
According to the law of diminishing returns, as more units of a variable input is added to a fixed income of production, output might increase at a point but after some time total output would increase at a decreasing rate and marginal product would be decreasing.
Due to the fact that Jim has seen the movie once, he would not derive the same level of satisfaction from watching the movie a second time. The utility he would receive from watching the movie a second time would be less than when he watched it a first time.
Answer:
The correct answer is Administrative expenses.
Explanation:
Administrative expenses refer to the expenses assumed by the company to be able to operate normally, where production costs are not included if it is a production company. Among these expenses are wages, aid, bonuses, pensions, etc. Its payment is obligatory therefore daily work is carried out that requires the support of the personnel.
Answer:
Option b is correct
Explanation:
The requirement of this service is to be independently derived because the procedures vary according to needs of the parties involved in the agreement.
What is a 'Closely Held Corporation<span>' A </span>closely held corporation<span> is any company that has only a limited number of shareholders; its stock is publicly traded on occasion but not on a regular basis. These entities differ from privately owned firms that issue stock that is not publicly traded.
Hope this helps!
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Answer:
$25,161.15
Explanation:
The computation of the present value of the cash flows is presented below:
Years Cash flows Discount factor Present value
1 $7,500.00 0.9174311927 $6,880.73
2 $3,000.00 0.8416799933 $2,525.04
3 $9,000.00 0.7721834801 $6,949.65
4 $12,430.00 0.7084252111 $8,805.73
Present value $25,161.15
The discount factor should be computed below
= 1 ÷ (1 + rate)^years