Answer:
diminishing marginal rates of substitution.
Explanation:
Based on the information provided within the question it can be said that the principle that captures this is known as diminishing marginal rates of substitution. Like mentioned in the question this refers to the fact that a consumer chooses to replace a product instead of actually buying more. This decreases as you move down the indifference curve as shown below.
Answer:
b. = 31,740,000
Explanation:
69,000,000 - 46% = 37260000
69,000,000 - 37260000 = 31,740,000
Answer:
Explanation:
The journal entry is shown below:
Building A/c Dr $312,276
Land A/c Dr $276,924
To Cash A/c $61,900
To Notes payable A/c $527,300
(Being the purchase of building and land for cash and note payable is recorded)
The computation of the notes payable is shown below:
= Total purchase value - cash paid
= $589,200 - $61,900
= $527,300
Answer:
The correct answer is letter "B": cost-benefit assessment.
Explanation:
Cost-benefit assessment implies analyzing what the costs and benefits of engaging in business are. The approach aims to minimize losses and maximize benefits. It does not necessarily imply there are not going to be losses during the business cycle but could reduce them as much as possible.
Hi!
The answer to your question should be B. Pays the difference of the current value to the amount you owe.
