Answer:
c
Explanation:
A public good is a good that is non excludable and non rivalrous.
For example, if there is a statue in a park, Everyone has assess to the statue and because one person is enjoying the view of the statue does not means another person cannot enjoy the view of the statue
Answer:
Sales = 12,50,000
Explanation:
Detailed steps are given below
One typical relationship between time and interest rate would be simple interest rate. It is the most simplest interest rate however it is not used nowadays since it does not account for all cost along the value of the money. For this relationship, interest rate is directly proportional with time.
<span>We know that Profit = Earnings - Cost</span>
Case 1: Sold as is
Profit = (300 fans* $20/fan) - (300 fans*
$55/fan)
Profit = - $10, 500 (deficit)
Case 2: Processed further then sell
Profit = (300 fans* $90/fan) – [(300 fans*
$55/fan)
+ (300 fans* $40/fan)]
Profit = - $1, 500 (deficit)
<span>Since Case 2 has lower deficit, then it is better to
process the fans further then sell to normal selling price.</span>
Answer:
C
Explanation:
Here both statements I and II represent a principal's duty to an agent who works on a commission basis.
that is The principal is required to maintain pertinent records and pay the agent according to the terms of their agreement and also he is required to reimburse the agent for all authorized expenses incurred unless the agreement calls for the agent to pay expenses out of the commission.
Hence, option C is correct