Answer:
b. who supplies the smallest quantity of the good among all sellers, and the marginal buyer is the buyer who demands the smallest quantity of the good among all buyers
Explanation:
- Marginal sellers and buyers are one who sells at a price that is lower than the other and barley sells in the market. Thus he sells his goods at the economic costs and does not earn a surplus.
- Thus he has to maintain a margin within the market he can also leave the market if the prices tend to be lower.
Answer:
The correct answer is letter "D": Limited liability company.
Explanation:
Limited Liability Companies or LLCs are entities where the owners are not personally liable for the debt of the company. Owners are taxed on the company's profits when they receive them only and they are not subject to file an individual tax return for it.
In case the company decides to become public, several standards must be met according to the <em>Securities and Exchange Commission</em> (SEC) for the firm to issue shares of stock or another type of investment vehicle.
Answer: A. maximizes the profits from money management.
Explanation:
The optimal average level of money is indeed the amount that maximises profit from money management.
Money management is essentially taking charge of your money and ensuring that you manage it in such a way as to limit unnecessary expenses whilst growing money through measures such as budgeting, investing and expenses tracking.
With Mr Peabody's income and other financial constraints, the optimal average level of money will be the most he can maximise from managing his money.
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