Answer:
D: declining marginal benefit
Explanation:
Declining benefits is a concept explained in the theory of diminishing marginal returns. As per this theory, additional deployment of an input while holding the other factors constant will lead to negative returns.
The term marginal refers to one more additional input or output. Marginal returns is the additional gain resulting from the sale or production of an extra unit. A firm enjoys positive marginal returns until production gets to its capacity level. Further input after this level results in decreasing gains.
This company opts not to purchase more inputs because it has reached its optimal level. Additional inputs will lead to reduced returns and, eventually, losses.
A doctor who stays late to get her work done on time
It will take 25 months to get $500
Answer: The exchange rate pass through is 41.7 = 6.666666667%÷16%
Explanation:
Currently, from last year to the current year, there has been a 16% increase change in the exchange rate and a 6.667% change in the price. The exchange rate pass through is 41.7 = 6.666666667%÷16%
For every increase in 1% of the exchange rate, there has been a 41.7% increase in the current price of the DVD player.
