Answer:
The correct answer is option c.
Explanation:
The law of diminishing returns states that as we go on employing additional inputs the return or payoff from each unit of input will become smaller or go on declining. This means that after a certain point the total output will start increasing on a decreasing rate as we go on hiring more inputs.
In other words, the marginal product of inputs will go on declining with each additional unit of input employed. As a result after reaching a certain point, the marginal product starts to decline.
Answer:
there is not first human beings but I hope this will help you
Explanation:
The earliest members of the genus Homo are Homo habilis which evolved around 2.8 million years ago. Homo habilis has been considered the first species for which there is clear evidence of the use of stone too
Answer:
Option D amount received by sellers minus the cost to sellers.
Explanation:
The producer surplus is the difference between the amount that the seller actually received and the amount the seller wants to receive.
Producer Surplus = Amount actually received by the seller - Amount the supplier wants to receive
All the remaining options discusses buyer influence which shows that these are totally incorrect and the only option that is correct is option D.
Answer:
The effect on the sale of PV1 would be $3,000 and on PV2 it is $1,500
Explanation:
For computing the effect on the ordinary income, we have to do the following adjustment which is shown below:
PV1 = Sale price-adjusted basis
= $8,000 - $5,000
= $3,000
The $3,000 represent the short term capital gain, and it is a short term capital gain because the equipment is sold in less than 1 year
PV2 = Sale price-adjusted basis
= $16,000 - $18,000
= - $2,000
The $ -2,000 represents the long term capital loss , and it is a long term capital loss because the equipment is sold in more than 1 year
So, the effect on the sale of PV1 would be $3,000 and on PV2 it is $1,500 because the deduction is allowed to a maximum of $1,500
