A producers profits are maximized when marginal costs are equal to marginal revenue.
Answer:
Answer D
Explanation:
i got it right on my test
Answer:
Jack can sue Client A for negligence and in order to do so, his lawyer would base the claim on vicarious liability. Under vicarious liability, a tort must be committed by an employee of Client A (the employee that negligently placed the boxes in the hallway without telling Jack) and the tort must have occurred during the course of employment (Jack was cleaning Client A's hallway and the employee was working for Client A at that time).
Vicarious liability is a secondary liability because the employer did not cause the tort directly, but his/her breach of the duty of care resulted in the negligent act that injured Jack. E.g. someone working for a utilities company accidentally injures a bystander by dropping an iron tool on his feet and breaking it. The utilities company didn't directly caused the injury, but an employee did while working for them.
Jack will likely recover pecuniary damages that cover the lost wages resulting from him not being able to work and other costs related to the injury. Depending on how serious the injury was, and how painful it might be both right away and in the long run, Jack might also receive compensatory damages for the injury suffered.
The future value of the account after 35 years is $511,914. 48.
The payment Marnie is making is known as an ordinary annuity. An ordinary annuity is when a fixed payment is made at the end of a period at regular intervals for a period of time.
Future value = annual payments x annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Annuity factor = [(1.056)^35 - 1] / 0.056 = 102.382897
Future value = $5000 x 102.382897 = $511,914. 48
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The answer to this question is :decrease.
When Demand decreases, it suggests that customer now is much less inclined to purchase that certain products.
This unwillingness will began to drives the price down. During this period, Sellers will start to create greater effort to promote the remaining products so they ought to achieve the best possible price possible.
<h3>How does the equilibrium rate exchange when furnish for a accurate will increase or decreases?</h3>
An extend in supply, all other things unchanged, will purpose the equilibrium fee to fall; extent demanded will increase. A decrease in supply will purpose the equilibrium fee to rise; quantity demanded will decrease.
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