Answer: marginal Product on Capital
Explanation: A. The company should reduce the amount of capital that its spends on its rentals.
B.The value of the output produced by an additional unit of labor will be less than the cost of employing the additional unit and total profits will fall.
Answer:
organic word-of-mouth
Explanation:
Organic word-of-mouth refers to the situation in which a person turns into a promoter for a product providing information about it without any influence because he/she is satisfied with the product and wants to share it with other people. According to this and considering that Beth found the right sunscreen and she decided to tell all her close friends about how good the product is, this is an example of organic word-of-mouth.
Either
C. Industry or
D. Unity
Alexander Hamilton was one of the promoters of the Constitution, He also wrote the federalist papers. Along with that, he had a strong influence on the industries in the United States. I'd choose C.
Answer:
A. average total cost is rising.
Explanation:
Whenever marginal cost is more than average cost it means it costs more to produce a unit now compared to the average cost of the previous units. Lets assume that a company produces 3 units of a good.
The first unit costs $1
The second unit costs $2
The third unit costs $3.
The average cost is (1+2+3)/3=2
Now if the marginal cost for producing a unit is more than the average cost for example if the marginal cost is 4, then this will mean that average total cost is rising. we can mathematically check this.
The first unit costs $1
The second unit costs $2
The third unit costs $3.
The fourth unit costs $4
Average cost= (1+2+3+4)/4=10/4=2.5
Here we see that the average cost increased from 2 to 2.5 because marginal cost was greater than average cost.
Answer:
The total cost of the loan with simple interest $2269.8 is less than the loan with compound interest $2299.12.
Explanation:
Simple Interest (I) = Principal (Loan)×Time×Rate ÷ 100
Loan = $1800
Time = 3 years
Rate = 8.7%
I = 1800×3×8.7/100 = $469.8
Total cost of loan with simple Interest = loan + simple interest = $1800 + $469.8 = $2269.8
Compound interest = [Loan(1+r)^n] - Loan
Loan = $1800
r is annual interest rate = 8.5% = 0.085
n is duration of the loan = 3 years
Compound interest = [1800(1+0.085)^3] - 1800 = 2299.12 - 1800 = $499.12
Loan with compound interest = 1800 + 499.12 = $2299.12
