Answer:
c.marginal cost is below average variable cost.
Explanation:
The marginal cost is falling due to the diminishing returns to scale which causes the cost to rise, and followed by the constant returns the increasing returns to the variable factors causes the marginal cost to fall below the average variable cost.
Answer:
Hi there!!
$159,936
Explanation:
Sales proceeds $475,000
Less: book value
Cost $383,500
Accumulated depreciation <u> $(68,436) </u> <u> $315,064 </u>
Gain $159,936
Since Sylvio has maintained its investment for more than a year, the tax law allows reducing the tax on capital gain although the form of calculation of the profit is the same as for common cases.
In this case tax rate drops from 39.6% to 20%.
Answer:
appreciated; depreciated
Explanation:
The dollar appreciates when there is an increase in the value of the dollar compared to others. In 2009 $1 U.S dollar could buy $0.89 Canadian dollars. Then, in 2010 $1 U.S dollar could buy $0.96 Canadian dollars. Therefore, the U.S dollar appreciated because $1 U.S dollar can buy more Canadian dollars.
The opposite happened with the exchange rate between the U.S dollar and the euro. From 2009 to 2010 the exchange rate decreased from 83.8 to 76.9. Then the U.S dollar depreciated: $1 U.S dollar can buy less euros.
Answer:
6%
Explanation:
As per given data
Quarter Real GDP ($billions) Long-Run Trend of Real GDP ($billions)
1 4,000 4,000
2 4,160 4,120
3 4,326 4,244
4 4,413 4,371
5 4,501 4,502
6 4,591 4,637
7 4,499 4,776
8 4,409 4,919
9 4,673 5,067
10 4,954 5,219
11 5,252 5,376
12 5,376 5,537
Growth of GDP = (DGP of Current/recent period - GDP of Prior period) / DGP of Prior period
In this question prior period is quarter 10 and current /recent period is quarter 11.
So, formula will be
Growth of GDP = (DGP of quarter 11 - GDP of quarter 10) / GDP of quarter 10
As we need to calculate the real GDP growth the formula will be as follow
Growth of real GDP = (Real DGP of quarter 11 - Real GDP of quarter 10) / Real GDP of quarter 10
Growth of real GDP = ($5,252 billion - $4,954 billion) / $4,954 billion
Growth of real GDP = $298 billion / $4,954 billion
Growth of real GDP = 6.02% = 6%
Answer:
All of them
Explanation:
When making decisions, a business should evaluate:
- Legal implications of each decision
: do our decisions comply with all applicable laws and regulation?
- Public relations impact
: how will the public feel about our decision?
- Safety risks for consumers and employees: does it affect the safety and well being of our employees and customers?
- Financial implications: does our decision benefit our business?