Answer:
B) Your income will decrease, while your expenses will increase
Explanation:
You should start retirement planning early, because as you grow up you may become less skilled or not be able to perform heavy work. As you get older expenses will increase for various reasons, inflation, which will make goods more expensive, forcing you to spend more and also medical bills, treatments, therapies, check-ups or preventive studies, can make you spend more in an older age.
The main difference between total utility and marginal utility is that total utility refers to the total amount of satisfaction the consumer receives from a good. Marginal utility is the added satisfaction they receive from consuming an idiot unit of the same good.
We all buy something and hope to feel satisfied from purchasing that good, that is essentially what total and marginal utility are measuring. This allows economists and businesses to track how satisfied consumers are from consumption of a product.
Answer:
The correct answer is D. beach towel production is both allocatively and productively efficient.
Explanation:
Productive efficiency (also known as technical efficiency) occurs when the economy is using all its resources efficiently, producing maximum production with minimum resources. The concept is illustrated in the Production Opportunities Frontier (FPP) in which all points of the curve are the points of maximum productive efficiency (that is, no more products can be achieved from the present resources).
Answer:
B) performing stage of group development.
Explanation:
The stages in group development are
- forming.
- storming.
- norming.
- performing.
- adjourning.
In the forming stage, the project team members get to know each other and lay the basis for project and team ground rules.
In the storming stage, features the start of conflict as team members begin to resist authority and demonstrate hidden agenda.
In the norming stage, members agree on operating procedures and seek to work together.
In the the performing stage, finally committing to the project development process. Group members work to accomplish the project and display a level of competence.
In the adjourning stage, once their work is done, group is disband.
The answer is a.True
The cost of the fixed asset is already excluded from the net income. In this case, the rate of return can be computed by the total net income divided by the cost of the fixed asset. So that would be $200,000/$400,000. The rate of return would be 50%
