Answer:
<em>The net welfare loss is $250</em>
Explanation:
<em>The Quota of a country imposes the importation of goods for business men or traders. if at any selling price from the example given that, if the system reduces imports by 50 units, therefore, lets assume linear supply and demand curves as follows,</em>
<em>quota of imports of good multiply by the price been raised 5$= 250$ is the net welfare loss.</em>
Answer:
January 1
Cash 614000 Dr
Notes Payable 614000 Cr
Explanation:
The Sheffield Brick Company has borrowed from the Admire county bank which means the note payable is a liability in the books of the Sheffield Brick company. As liability is increased or recorded, it is credited. The amount of liability is $614000 on the day of the issuance of note. Thus, Sheffield will credit Note payable by $614000.
The Sheffield company has received cash by signing note. As cash is an asset and it is increasing, the Sheffield company will debit cash by 614000 against the notes payable.
The study of an agent's or individual's decisions is known as decision theory. The official decision-making process concludes with evaluation. Evaluating the consequences may assist the decision-maker in learning lessons that will help her make better decisions in the future.
- Loss aversion is the correct answer because the general notion of the "loss-aversion" theory is that if an individual is provided with two equal alternatives, one of which is presented in terms of prospective profits and the other in terms of potential losses, the former option will be chosen.
- Loss aversion is a cognitive bias or psychological phenomenon that explains why the agony of losing is twice as powerful psychologically as the pleasure of winning.
Therefore, representativeness, cognitive bias, and overconfidence are not factors relative to an arbitrary decision distortion. So, Loss aversion is the correct response to the question.
For more information regarding arbitrary baseline, refer to the link:
brainly.com/question/11224360
Range for marginal cost = $20 to $50
Since at the price of $60 total Marginal revenue on demand curve two = $20
Total Marginal revenue on demand curve on =$50
Hence $60 for the product is optimum for the range of marginal cost from $20 to $ 50.
Since the optimum level of price is where marginal cost is equal to marginal revenue.
The marginal cost of production includes all costs that vary with that level of production. For example, if a company needs to build an entirely new factory to produce more goods, the cost of building the factory is the marginal cost.
Marginal Cost = Change in Total Cost / Change in Quantity. Change in Total Cost = Total Cost of Manufacturing Including Additional Units – Total Cost of Manufacturing Regular Units. Quantity Change = Full Quantity Product with Additional Units - Full Quantity Product in Regular Units.
Learn more about Marginal Cost here: brainly.com/question/17230008
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Answer:
True.
Explanation:
Presentation can be defined as an act of talking or speaking formally to an audience in order to explain an idea, piece of work, project, and product with the aid of multimedia resources or samples.
Formatting is a feature found in a lot of word processing software applications such as Microsoft Word, Notepad, etc., which is designed to avail end users the ability to apply specific formatting options such as cut, bold, italics, underline, etc., to texts based on certain defined criteria.
Basically, it is used for highlighting, emphasize, comparing or differentiating between data (information) stored in a text document.
In this scenario, Todd wants to be sure that the message about a special speaker attending their next meeting is conveyed to the members.
Therefore, he should use a lot of unique formatting such as italics or underlining in the newsletter to be sent out, so as to get their attention.
