Answer: option(a) is correct.
Explanation:
Diminishing marginal returns also known as diminishing returns. It states that the additional input or factor of production that is used for the production of certain products and services, results in smaller increase in output. The output increases but at an decreasing rate. This is due to the efficiency or productivity of the additional factor of production. This will results in higher marginal cost because of the lower productivity from the additional input. So, marginal cost must be increasing.
Answer:
17.71%
Explanation:
For this problem, we will be making use of the Capital Asset Pricing Model (CAPM) equation, as seen below:
ERi = Rf + β(ERm - Rf)
- ERi = expected return of investment
- Rf = risk free investment = 5.75%
- β = beta of the investment = 1.45
- (ERm - Rf) = market risk premium = 14% - 5.75% = 8.25%
ERi = 5.75% + (1.45 x 8.25%) = 5.75% + 11.96% = 17.71%
Answer:
He has a teenage daughter that was pregnant or with a little child.
Explanation:
The Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) vouchers are vouchers provided by the federal government to states to ensure that low income pregnant teenager or women, infants and children have access to supplemental food, healthcare, etc. This is in a bid to ensure that every pregnant woman, their children or infants are well taken care of and have access to better health system among other things.
These vouchers cater for over millions of people through their over 40,000 merchants all over the world.
Cheers.