There is a limit on how many colleges you can apply to.
<span>Rent is a fixed cost. Regardless of if you produce any clothing, you are still using that building to make the clothes. Even if you aren't making any clothes, but you are still occupying the building, you will have to pay the rent. The rent is based on the building, not the clothes.</span>
Answer:
This is an example of how an apprenticeship can benefit both the business owner and the apprentice.
Explanation:
Apprenticeship is the system or process of hiring someone to train him/her to learn the trade. This method is used in companies and other jobs to train new generations about the trade and also pass on the job.
David may have had the bicycle shop for three decades but now that he desired more free time, he had to pass on the work to someone who can take care of the shop in his place. The apprenticeship of Josie enabled him to have the desired free time while his shop still runs. This is an example of how apprenticeship is beneficial for both parties.
Answer:
<u>$35</u>
<u>Explanation</u>:
Note the formula:
Total revenue (TR)= Price (P) x Q and Marginal revenue (MR) = Change in TR / Change in Q
<u>Total Revenue for 2 units of output sold</u>
= 2 x $50 = $100
<u>Total Revenue for 3 units of output sold</u>
= 3 x $45 = $135
<u>The Marginal Revenue=</u>
Change in TR (135-100) / Change in quantity (3-2)
= $35/1
= <u>$35</u>
Therefore, the Marginal Revenue If the firm sells 3 units of output, will be $35.
Having too little money and credit often means the level of money someone is borrowing is high. So they have little money and are paying finance charges. Second it becomes harder to take advantage of oppurtunities, so changing the situation is a challenge.
