Answer:
The correct answer is option
Explanation:
A firm operating in a perfectly competitive market is producing 800 units. The marginal cost is $3.50. The minimum average variable cost is $3. The market price is $4.
The firm will be able to maximize its profit at the point where the price of the product is equal to marginal cost and is able to cover the average variable cost of the product.
This firm should thus increase its production to more than 800 units till the marginal cost is equal to the price which is $4.
The risks of foreign outsourcing is that they could stop trading with you.
Answer:
C) $10,000
Explanation:
The last interest payment was made on November 1, so by December 31, two months worth of interest is considered receivable.
Interest receivable = principal x interest rate x time periods = $500,000 x 12% x (2/12) = $10,000
By December 31, no principal payments had been done yet.
Solution :
Initial amount is : $1091 .
Rate, r = 0.12 .
Let, amount will be $1728 in t years.
So,
Hence, this is the required solution.
