Answer:
A. the iso-quant line is tangent to the iso-cost line.
Explanation:
Cost minimization refers to the decrease in level of cost of production for certain specified level of production.
Iso quant line represents the labor and capital combinations keeping the total cost same. The least combination represents the tangent to isoquant, basically representing the idle choice of labor and capital.
In this manner the company chooses the idle way of cost minimization.
If sally is creative then being a poet would make the most sense
Answer: Is not taxed
Explanation: John owns 500 shares of stock in Catawba Box, Inc. He is the share holder of the company . An equity shareholder is the owner of the company. But for a big public limited company, they raise funds by going public and issuing shares to the public in small tranche. The profit earned by the company is taxable for the company while it is not taxed to the owners or the shareholders of the company as a company is a separate legal entity.
The correct answer would be B. This is because you are spending more money aka $12,000 which would result in you having less money than if you bought one for $8,000!
Answer:
Estimated average income is $5,400
Explanation:
Proposed investment = $60,000
Depreciation = Straight-line method
Useful life = 4 years
Expected total income yield = $21,600
To find average investment, we divide the income by the useful life of the investment.
Therefore, estimated average income = $21,600 ÷ 4 = $5,400
