e)average fixed cost must be constant
<span>The marginal product of the previous coach would have been negative because the removal of the last coach improved the performance of the runners which had decreased owing to negative marginal product of the coach.</span>
Answer:
a surplus of middle seats and the equilibrium quantity of aisle seats.
Explanation:
Aisle seats are already preferred by people. So, increasing rate of middle seats will make people more attracted towards aisle seats. So, a surplus of middle seats and the equilibrium quantity of aisle seats.
Answer:
A. This is a bilateral, valid, executory contract
Explanation:
As in the given scenario, the offer and acceptance is made between the Mary and Hal which reflect the valid contract as in this both parties have expresses to enter into a contract
Plus, it is a bilateral contract in which both parties agree to do his/ her positions.
And, it is also an executory contract in which the contract is completed at some future i.e in this case the contract is completed when delivery and payment are made.
Answer:
The answer is $400,000
Explanation:
Quantity theory of money states that the quantity of money is directly proportional total spending in an economy.
Change in quantity of money = new deposits (which can also be new security) ÷ reserve requirements
The new security is $20,000
reserve requirements is 5 percent
Change in quantity of money is:
$20,000 / 0.05
=$400,000