The answer is marginal costs in both places are the same. This
is because the farmers in both places are profit-maximizers, the value in each flat
is equal to MC or Marginal Cost and subsequently the market of corn is competitive,
the price of corn in both places is the same. Also, marginal costs are higher
in East Icicle than in Corncrib can also be a possible answer. For any given outflow
per acre Corncrib’s corn yield are far better than in East Icicle, at any level
of output, the marginal cost per acre in East Icicle must be higher in
Corncrib, which suggests that in equilibrium the output level of corn in East
Icicle is less than the output level of corn in Corncrib.
Answer: A. A travel agent's main income is from commissions.
Explanation:
Travel agents assist people in planning a trip. They offer advice on companies that can be traveled with such as airlines and luxury buses as well as where travelers can lodge and go on sight-seeing. They are helpful because they can help tailor a trip according to a person's budget.
These agents usually have arrangements with these companies and locations mentioned above such that when the traveler pays those companies, the travel agent gets some commission from that. This represents their main source of income.
I would live my life in the past because I would already know what would be happening in my life. I would be able to change the future for the better. If I were to live 1 year in the future the world can be completely different, and I wouldn't have a clue on how it changed.
Answer:
Corporate espionage.
Explanation:
Corporate espionage is the act of utilizing espionage techniques for business or financial purposes. We normally consider "espionage" regarding spies taking a shot at benefit of one government attempting to get data about another.
Answer:
The value of a share of JRN after the announcement is closest to $2
Explanation:
24= 3 /(r-0.55)
r= 0,675
- now when Dividend is changed
Price = 1.1/(0,675 -0.1) = $ 1,91, approximately $2