Answer:
answer is normal
Explanation:
please mark me as brainlier
Answer:
see below
Explanation:
The law of diminishing marginal returns indicates that in every production process, adding one more input while holding the others constant will result in the overall decrease in output.
According to this law, adding one more production unit diminishes the marginal returns, and the average production cost increases. Marginal returns refer to the benefits associated with the production of an extra unit.
The gain derived from the use of more input while keeping all other factor constant decreases as production increases. For example, employing more workers while all other variables remain constant will result in reduced labor productivity.
Answer: Information Support and Services, and Programming and Software Development
Answer:
1. c) b>d
d) c>g
2. No dominant strategy equilibrium is also a Nash equilibrium.
Explanation:
Payoff matrix are used in business as it represent the possible outcomes of the decisions made. In the given scenario player 1 and player 2 have different outcomes based on the game matrix. The player 1 will get best possible payoff when he falls in Top Left matrix. This is dominant strategy which must be Nash equilibrium.
Answer:
a.
Date Account Title Debit Credit
Dec. 31, 2017 Insurance expense $2,600
Prepaid insurance $2,600
b.
Date Account Title Debit Credit
Dec. 31, 2017 Supplies Expense $9,700
Supplies $9,700
<u>Working</u>
Supplies = Beginning balance + Purchases - Closing balance
= 7,800 + 3,400 - 1,500
= $9,700
