<span>One composite commodity is produced.
</span><span>Output is regarded as net output after making allowance for the depreciation of capital.
</span><span>There are constant returns to scale. In other words, the production function is homogeneous of the first degree.
</span><span>The two factors of production, labor and capital, are paid according to their marginal physical productivities.
</span>
The first rule in terms of photographic and recorded
evidence admissibility is that the photographic and recorded evidence must be
relevant in order to be admissible and for it to be counted and acceptable as
it is being done in the first place.
Answer:
True
Explanation:
Dylan's alteration of the contract terms automatically discharges (terminates) the contract, since the consideration was changed. Dylan's consideration remained the same, providing some set of weights, but Tiffany's consideration was wrongfully and illegally changed by Dylan($18,000 instead of $10,000), so the contract is terminated.
d. tyler says his profit is $34,100, and greg says he lost $6,500.
Accounting profit is simply revenues minus explicit (direct) costs whereas economic profit factors in opportunity costs and explicit costs.
