Answer:
Market forces push toward equilibrium
The difference is the amount that is taken out of the wages for taxes,benefits and other voluntary deductions
Answer:
c. short-run average total cost is typically above long-run average total cost
Explanation:
In the case when the average of the total cost of the short run should be compared with the average of the total cost of the long run for a given output level so this means that the average of the total cost of the short run should be more than the average of the total cost of the long run
Therefore as per the given situation, the option c is considered
Example its the best in the world hope i helped
Answer:
Maximum profit = $6
Maximum loss = -$2
Explanation:
The computation of maximum profit and loss for this position is shown below:-
Maximum profit = Strike price - Purchase of stock
= $58 - $52
= $6
Maximum loss = Strike price - Purchase of stock
= $50 - $52
= - $2
Therefore for determining the maximum profit and loss for this position we simply applied the above formulas.
