<span>The economic concept that best explains this situation is the law of diminishing returns. The law of diminishing returns explains that as an increased input is put onto an object with all other factors held constant, the output of that product will continually decrease as more and more of that input is added.</span>
Answer:
Net Income is $65,000.
Explanation:
According to given data
Revenue = $120,000
Expenses = $55,000
Net Income = Revenue - Expesnes
Net Income = $120,000 - $55,000
Net Income = $65,000
Net Income is $65,000.
As net income is calculated using Revnue and Expenses, In the presence of this data we will not consider thae value from the balance sheet.
Answer:
True
Explanation:) hope this helps
Supply and demand affect career wages. A job that is in demand is a job with a good outlook. Everyone should try to be an NFL quarterback because they earn so much money.
Answer: Avoid combining alcohol and driving
Explanation: Because of the side effects of alcohol, it would be dangerous to use machinery. There is not necessarily more freedom and independence. You should never drink and drive and you will only feel more anxiety in traffic.
Hope this helps! :)
Mungo purchases disability income insurance. the benefit is a payment of $2000 per month during qualifying periods of disability the disability insurance premium is Occupation, Benefit Period or Tenure, Health, Elimination Period or the Waiting Period, Policy Provisions if any.
A length of incapacity is a non-stop time frame throughout which a man or woman is below a disability as defined by segment 21 of the Social security Act. there may be no restriction on what number of hours you could work on SSI, alternatively, a restriction on how a lot you can make in a month.
A character in 2022, you need to be making less than $841 of countable earnings per month and feature much less than $2,000 in belongings to qualify. For a pair, the limit is $3,000.A closed duration of incapacity is the time period between the onset of incapacity and the date whilst a claimant is bodily able to return to work performing a significant gainful hobby. Calculating gain payment quantities. Your Weekly benefit quantity WBA relies upon for your annual income.
Learn more about The benefits here:-brainly.com/question/24679979
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