Calculating average cost of steak initially when only 5000 pounds was produced
Average cost= 50000/5000
AC= 10$
Now when 1 pound is added only 9$ is added in total cost so marginal cost
MC= 9$
From above calculations we can see that AC>MC
so we can say that the average cost of production is greater than marginal cost so it will be beneficial to produce more
Answer: Internet survey
Explanation:
Internet survey is known to be type of survey which is conducted over the internet in order to get information from a large number of target respondents. Data is gotten from the respondents by inviting them over the internet in order to fill the questionnaire. It is also known as online survey. Thus, it is widely used by researchers because it requires little cost, saves time and is very fast unlike other surveys.
Answer:
Reimbursement.
Explanation:
When an agent incurs expenses while acting in the interest of principal them the principal is obligated to reimburse the agent the funds spent.
In this scenario Jody is an agent for Insta Cross Country Trucking Inc. In the course of Jody's performance for the firm, Jody pays Heck for certain vehicle maintenance and repair services. Jody has the right to request for refund based on principal's duty of reimbursement.
The action taken must be verified to be in the interest of the principal if not she will not be entitled to reimbursement.
Answer:
B. those who lose from free trade are better organized than those who gain.
Explanation:
There is a bias in the political process against free trade because <u>those who lose from free trade are better organized than those who gain</u>.
Free trades are the business agreement between two or more countries to import or exports among these countries does not have tax duties to follow, which boast their relationship and economy of countries as people can get quality goods at very low cost from other nation, however, many domestic organized sectors the affected by the free trade as they lose customer and revenue. Therefore, free trade has a negative effect on the local producer, which causes bias in the political process against free trade.
Hey there,
Answer:
A corporation obtains cash immediately from the investment firm.
Hope this helps :D
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