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TEA [102]
2 years ago
13

Under which ownership type is an owner (or owners) not liable for the company’s lawsuits?

Business
1 answer:
Ede4ka [16]2 years ago
4 0

Answer:

And i was like that lol and u got it and i don't

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A business person would most likely use seed capital to start a new business or use it to contribute financially to the business. 
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3 years ago
A profit-maximizing firm operates in purely competitive product and resource markets, with the following resource and production
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Answer:

b) 5

Explanation:

W TP MP MRP

1 100  

2 190 90 900

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5 400 60 600

6 450 50 500

7 490 40 400

8 520 30 300

the marginal product of n labor = (total product of n labor - the total product of p labor)/(n-p)............(n>p)

Marginal revenue product = marginal product*price

the firm employ input up to marginal revenue product equal to the wage

MRP = wage or closest lower wage

where W = 5

the firm will higher 5 workers.

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3 years ago
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3 years ago
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love history [14]

Answer:

c. feels the marginal benefit of an extra hour of studying exceeds the marginal cost of not playing basketball.

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Opportunity cost is the forgone alternative when we choose to do something.

In this instance Russell chose to study and the opportunity cost was to enjoy playing a basketball game.

For him to choose to study it means he saw the benefit of reading to be greater than the marginal cost of playing basketball. So he chose the most beneficial activity for him.

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