By earning higher levels of education, students learn skills and are more likely to be employed. In their jobs, they use their skills to provide goods and services to others. The economic concept which is applied in this statement is a positive externality.
<h3>What are skills? </h3>
Skills refer a set of qualities or abilities an individual carries in order to complete the task. These skills represent the expertise of any individual in terms of knowledge and talents.
When these skills are learned along with the higher level of education it creates an add-on for the career. These skills include communication skills, problem-solving skills, critical thinking, leadership qualities, and so on.
Therefore, option E positive externality is the correct option for the given statement.
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A firm that relies heavily on debt are the firm that describe a highly leverage firm. Highly leveraged firm refer to a firm that depends on borrowed capital. They have higher debt that equity. Their debt is what they considered as asset.
Answer:
$3000 to $12000
Explanation:
cost of office equipment varies in the first year of a business because it depends largely on the type of business and the scale at which the business is been run at but approximately $3000 to $12000 should be able to cover the cost of purchasing, maintain and also carrying out repairs on office equipment.
COMPLETE QUESTION:
The statements and equations below show various ways of defining average variable cost, marginal cost, and average total cost. Below, TC is used to abbreviate total cost, VC is used to abbreviate Variable cost, and Q is used to abbreviate quantity. Classify each statement or equation according to whether it describes average variable cost, marginal cost, or average (total) cost.
Average Variable Cost Marginal Cost Average (Total) Cost
The amount by which total cost increases when an additional unit is produced
Total cost divided by quantity of output
Change in the total cost divided by change in output
VC / Q
The sum of all costs that change as output changes divided by the number of units produced.
TC / Q
ΔTC/ΔQ
Answer and Explanation:
Marginal Cost is the value by which total cost increases when more units are produced.
Marginal Cost = VC / Q
Average Variable Cost is the cost per the quantity of output. It is the difference in the Total Cost per change in output.
Average Cost is the addition of all costs that change due to changes in output per the number of units produced.
TC / Q= Variable Cost
ΔTC/ΔQ= marginal cost
Answer:
For Full Information, See Below Paragraph(s)
Explanation:
<u>Security consists of measures to deter, prevent, detect, and correct security violations that involve the transmission of information. </u>
<u></u>
Security has many jobs. Those jobs are to deter, prevent, detect and correct security violations that involve the transmission of information. We see this, but what does this really mean? First off, deter means to "prevent the occurrence of." This means that security's first job is to make sure something doesn't happen. That 'something' could be a break in, stolen information, etc. To prevent also means to "make sure something doesn't happen." It also means to try to stop. Detect means to discover something or someone. Security's job is also to detect stolen information, items, and people / persons. To correct security violations that involve the transmission of information means to fix security violations and stolen information. Security needs to make sure that the "passing of information" which is what transmission means, does not happen.
- Mordancy
