I am not sure what your other choices are, but this choice is not correct.
Economies of scale deal with marginal costs and NOT total costs. You would always expect TOTAL costs to go up when you produce more of an item, even when you have economies of scale. Economies of scale says that costs go up LESS with each new unit up until a certain point
D) real GDP will remain the same and price level will increase
Parking illegally on college grounds is an offense so there fore parking tickets should be maintained
Answer:
The answer is true
<u>Explanation:</u> novation is the process in which an old contract is substituted by a new contract through an agreement .All rights and duties under old contract are being terminated.
if parties write a novation, it will effectively nullifies the former contract.In novation one of the initial parties is replaced by new party.
Novations are most frequently used in corporate takeovers and sales of businesses.
A novation is same as an assignment where one party transfers interest in property or a business to third party as opposed to transferring the entire entity.
So is novation is written between the parties .They need not to discharge the old contract by expression.It will be automatically discharged if it's terms are inconsistent with new contract.
Answer:
6300
Explanation:
Net income is the amount of income remaining after payments have been made. So sum up all receipt and subtract all payments to get net income
