Answer:
at low levels of output, AFC will be high, while at high levels of output, MC will be high as the result of diminishing returns.
Explanation:
In Economics, the law of diminishing marginal utility states that as the unit of a good or service consumed by an individual increases, the additional satisfaction he or she derives from consuming additional units would start decreasing or diminishing as the units of good or service consumed increases.
The short-run average total cost (ATC) curve of a firm will tend to be U-shaped because at low levels of output, average fixed cost (AFC) will be high, while at high levels of output, marginal cost (MC) will be high as the result of diminishing returns.
This ultimately implies that, the average fixed cost (AFC) will be high at small (low-level) output rates while marginal cost (MC) will be high at large (high-level) output rates due to diminishing marginal returns.
As a result of the law of diminishing marginal returns, a business firm would experience some rising per unit costs in the short-run.
In conclusion, an increase in the level of output for a business firm will eventually lead to an increase in average total cost (ATC) and marginal cost (MC) due to the law of diminishing marginal returns.
Answer:
Explanation:
Expected annual growth rate in dividends 7%
Dividend growth Model= Pv=Do(1+g)/Ke-g
present value = 1(1+7%) / 12%-7%
present value =1.07
/5%
present value =21.4
Expected annual growth rate in dividends 2%
Dividend growth Model= Pv=Do(1+g)/Ke-g
present value = 1(1+2%) / 12%-2%
present value =1.02
/10%
present value =20.4
Expected annual growth rate in dividends -1%
Dividend growth Model= Pv=Do(1+g)/Ke-g
present value = 1(1+(-1)%) / 12%-2%
present value =0.99/10%
present value =7.69
Answer: The correct answer is Worker’s Compensation.
Explanation: Worker’s Compensation is a type of insurance that employers are required by law to carry for its employees. This insurance covers the employees for work related injuries or illness. The insurance will pay the employees for lost wages, and in some cases, pain and suffering or loss of future earnings.
Answer:
C) Positive
Explanation:
Although in the question it is stated that Chris, who is a salesman, manages the buyer resistance while presenting the solutions, the Chris also thinks that buyer resistance is a positive event
Thus, in the provided scenario, option c is right, as it does not satisfy all other options available
So the right option is c.postive
Answer:
Starting at equilibrium point D, if the cost of inputs rises, the short-run equilibrium will move to the point B, and thus real output will Decrease and the price level will Increase.
Explanation:
This means it will go down but the price is gunna increase.
-<em>Hope This Helps!</em>
<em>-Justin:)</em>
