1. Strictly diminishing marginal pain from losses implies what about the slope of the value function in the domains of losses? a. Concavity. b. Linearity. c. Convexity. d. None of the above.
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- Could someone explain why the curve l drawing like that? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.⦁ A. Define Contribution Margin and what is it contributing to? Be brief and to the point. B. How is contribution Margin used in computing the break-even point? Provide an example.a. How impact substitute’s assumption is applicable in Law of variable proportion? b. How the different types of return are determined in Law of variable Proportion c. Why the law of variable proportion is called Law of diminishing returns?
- tab aps ck Codes of honor, conduct and ethics have their origins in O a) Religion b) Ancient precepts of normative behavior O c) Professions O d) All of the above Q A N 72 W 1 S X #3 E + D 4 C R % 45 T V G B H U Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Decide the best choice. a. The inndividual waiting times experienced by customers in a busy breakfast cafe would be an example of a deterministic process because several customers are waiting to be seated. b. Informmation Systems and Informmation Technology are identical and synonyms that mean the exact same thing. c. In 2019, both manuffacturing and service sectors employed roughly the same percentage of the labor force in USA. d. Today, services constitute a large percentage (e.g., more than 60%) of the U.S. economy. e. Both choices ‘a’ and ‘b’ are correct.When a firm ignores the opportunity costof capital when making investment orshutdown decisions, this is a case ofa. fixed-cost fallacy.b. sunk-cost fallacy.c. hidden-cost fallacy.d. none of the above.
- Previous Click here to go to a particular month, the total budget of a family was $3000. Out of this 600 were allocated for outings. What percent of the total budget was llocated for outings? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Q)Distinguish between explicit and implicit costs, giving examples of each. (a) What are the explicit and implicit costs, say for example for joining university study? (b) Why does the economist classify normal profits as a cost? (c) Are economic profits a cost of production?a) what is larger in this diagram, π or T? explain b) list two reasons for the shift in budget contraint Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- Explain the relationship between AC , AVC and the AFC theoritically. ( I don't need diagram )a. What is optimization? How does it blow up the myth about profit being a result of a mere increasedecrease interplay between cost and revenue? b. How much should a firm sell of a particular product in order to maximize profit? What factor does it have to consider in arriving at this decision? c. “More Sales, More Profits”. Do you agree? Explain your answerN4 Despite a higher price for widgets, buyers are purchasing more units. How is this possible? Give and explain (with words + graphs) two distinct reasons.