agency problems are most likely to be associated with corporations. A corporation, occasionally called a pot, is a legal reality that is separate from its possessors. pots can make a profit, be tested, and can be held fairly liable. pots offer the strongest protection to its possessors from particular liability, but the cost to form a pot is advanced than other structures.
There are four general types of pots in the United States a sole procurement, a Limited Liability Company( LLC), an S- pot( S- Corp), and a C- pot( C- Corp).
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what was the main reason for the establishment of chancery courts during the development of english common law?
The establishment of chancery courts was a critical step in the development of English common law, as it provided a more flexible and equitable system of justice, strengthened the power and influence of the monarchy, and contributed to the development of commercial law.
The importance of the "chancery courts" in this process cannot be overstated, as they played a pivotal role in shaping the legal landscape of England in the medieval period and beyond. Chancery courts were a key development in English common law during the medieval period. The establishment of these courts was motivated by several important factors.
One of the main reasons for the establishment of chancery courts was the need to provide a more equitable system of justice. The common law courts of the time were primarily concerned with resolving disputes through a strict application of the law, but this approach was not always effective in addressing the complex and diverse issues that arose in medieval society.
Another important factor was the increasing power and influence of the monarch in English society. The monarchy had come to wield significant power and wealth, and the chancery courts were seen as a means for the monarch to exercise this power in a way that was consistent with the principles of justice and fairness.
In addition, the chancery courts played an important role in the development of English commercial law. The growth of commerce and trade in the medieval period created a need for a more sophisticated system of law to govern business transactions, and the chancery courts were instrumental in filling this gap.
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the gasb sets accounting standards for all of the following except: multiple choice state and local governments. private not-for-profit hospitals. component units owned or controlled by governments. governmentally related not-for-profit universities.
The GASB is in charge of the establishing accounting standards for all privately held, not-for-profit institutions, including hospitals.
The Governmental Accounting Standards Board: What Is It?General Accepted Accounting Principles, or GAAP for short, are decided upon and updated by the Governmental Accounting Standards Board (GASB). The body in charge of the enforcing and revising GAAP, a collection of many accounting standards that are always evolving, is GASB.
What guidelines does GASB follow?All of the GASB guidelines are generally recognized the financial statements, or GAAPs. They are numerous, and also some of them are GASB 87 and GASB 96.
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how many sales orders (headers) used vista credit cards in october 2002--
Vista Credit Partners is the credit-investing approach of Vista that provides enterprise software, data, and technology-enabled firms with flexible, tailored debt and structured equity financing.
The private and traded credit markets are serviced by Vista Credit Partners' extensive investment capabilities. The partnership receives financing with the aid of a credit partner. While the other partner(s) locate and oversee the deals, a typical credit partner receives the loan and may offer some consulting to the firm. The profits would then be divided how they see proper. In this arrangement, both sides take part and profit. A bank that collaborates with a business to offer its clients financial products is known as a bank partner.
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president johnson thought it was possible to spend more resources in vietnam without giving up consumer goods at home. president johnson must have believed that the:
President Johnson must have believed that the: American economy was operating at a point inside its PPC
The economy of the United States is a mixed market that is highly developed. By nominal GDP, it has the largest economy in the world, and it ranks second after China in terms of purchasing power parity (PPP). As of 2022, its nominal and PPP per capita GDP ranks eighth and seventh, respectively, in the world. In nominal terms, the United States' share of the global economy in 2022 was about 24.7% and its PPP share was 15.5%. [38] [39] Particularly in computer, pharmaceutical, medical, aerospace, and military equipment, its businesses are at the forefront of technology or very close to it. The U.S. dollar is the official world reserve currency and is backed by the country's sizable economy, stable government, expansive treasury market, abundant natural resources, and highly developed financial system.To know more about President Johnson here
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Erie Insurance offers an annuity due with semiannual payments of $6000 for 25 years at 8 percent annual interest compounded semiannually. How much would you pay for it today? $128,648.82
$128,893.11
$134,048.83
$132,508.28
Annuity present value is equal to (1 + rate / 2) "Annuity" is defined as "1-(1+interest rate/2)-(2*time period)". /(rate/2)
=(1+0.08/2)*6000*[1-(1+0.08/2)^-(2*25)]
/(0.08/2)
=(1+0.04)*6000*[1-(1+0.04)^-(50)]
/0.04
=1.04*6000*[1-(1.04)^-(50)]
/0.04
=1.04*6000*[1-0.140712615]/0.04
=(1.04*6000*0.859287385)/0.04
=$134048.83 (Approx)
A property and casualty insurance provider with its headquarters in Erie, Pennsylvania, Erie Insurance provides life, business, and auto insurance through a network of independent insurance agents.
Based on total revenue for the 2020 fiscal year, Erie Insurance Group is ranked 347th on the 2021 Fortune 500 list of the largest American corporations.
With over 6 million active policies and operations in 12 states and the District of Columbia, including Illinois, Indiana, Kentucky, Maryland, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wisconsin, ERIE is rated A+ (Superior) by A.M. Best. Additionally, it is the owner of the naming rights to the Pennsylvanian city of Erie's Erie Insurance Arena.
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when real gdp is greater than potential gdp, there is ________ which leads the inflation rate to ________.
When real GDP is greater than potential GDP, there is an inflationary gap which leads the inflation rate to rise.
Gross domestic product (GDP) is a monetary measure of the market value of all final goods and services produced and sold (rather than resold) by countries during a certain time period. Because of its ambiguity and subjectivity, this measure is regularly revised before it is considered a reliable indicator.
GDP (nominal) per capita, on the other hand, does not account for differences in the cost of living and inflation rates across countries; thus, comparing living standards among nations using GDP per capita at purchasing power parity (PPP) may be more useful, whereas nominal GDP is more useful when comparing national economies on the international market. Each industry's or sector's contribution to overall GDP may also be split out.
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a three-year bond with $1,000 face-value and 10% coupon rate is sold for $1,000 today. if one year later the market interest rate increases to 15%, then this bond will have a market price of next year. a. $956.52 b. $1092.97 c. $918.71 d. $1047.62
If one year later the market interest rate increases to 15%, then this bond will have a market price of $1092.97 of next year.
The term" request interest rate" refers to the effective interest rate on a fixed- rate profit obligation that the state has issued to fund a loan made under this section, or, if the department of administration determines that there has been a significant change in interest rates since the fixed- rate profit obligation was issued, the effective interest rate that the department of administration has determined.
Bonds are fixed- income securities that reflect loans from investors to borrowers( generally commercial or governmental). A bond can be compared to an agreement outlining the terms of the loan and the associated payments between the lender and borrower. Companies, cosmopolises, countries, and autonomous governments use bonds to finance operations and enterprise. Bondholders are the issuer's debtors or creditors.
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Which of the following accurately describes a value proposition?a) A value proposition defines a company's core competency.b) A value proposition is a promise you make to customers about how your firm will meet their needs.c) A value proposition derives from a deep understanding of customer needs as well as the firm's capabilities.d) All of the abovee) B & C only
The correct response is b) A value proposition is a promise you make to customers about how your firm will meet their needs.
A company that offers professional services is called a firm. A corporation, limited liability company (LLC), or partnership may be used for this. 20 Dec 2022 A corporation, partnership, limited liability company, or sole proprietorship are examples of firms. The expression is slightly more usually associated with a partnership. A firm is an organization that sells products and services to make a profit, usually professional services. A corporation, on the other hand, is a business that engages in any revenue-generating activity involving the sale of products and services, which covers all commercial trades and structures. A company, or "firm," is a corporate entity that aims to turn a profit through the selling of products and services. Firm is the same thing as business or company.
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3. imagine you are an operational manager at a company, and you have been asked to select employees for a virtual problem-solving team. what types of employees would you include and wh/
Affordable expertise (especially in HR, finance, and marketing), flexible assistance, and access to a wide range of services are all advantages. The disadvantages of virtual teams might include communication problems.
The isolation that remote employees frequently experience can have a negative impact on team cohesiveness. Lower team cohesion and a lack of chemistry between team members may result from infrequent face-to-face interactions. For instance, miscommunication and time zone differences can become serious problems given the lack of in-person interaction (and the greater familiarity that can come more easily with that) and the challenges that asynchronous collaboration can present. Spontaneous, informal communication—chatting over coffee or in a hallway—has shown to reduce conflict. .
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a project has an initial cash outlay of $1000 (in other words, a cash flow of -$1000). it has these operating cash flows: $800 in year 1, $400 in year 2, $200 in year 3. what is the payback period? a project has an initial cash outlay of $1000 (in other words, a cash flow of -$1000). it has these operating cash flows: $800 in year 1, $400 in year 2, $200 in year 3. what is the payback period? 2.5 1.6 1.5 longer than 3 years
The payback period for the project with an initial cash outlay of $1000 and cash flows of $800 in year 1, $400 in year 2, and $200 in year 3 is 1.5 years.
This is calculated by dividing the initial outlay by the annual cash flows: 1000/(800+400+200) = 1.5.
The payback period is a measure of how quickly a project can recoup its initial investment. It can be used to compare the relative merits of different projects, allowing decision-makers to choose the project that will provide the highest return in the shortest amount of time. In addition to the payback period, other measures such as net present value (NPV) and internal rate of return (IRR) can be used to evaluate and compare different projects.
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A life insurance policy which ensures that the premium will be paid if the insured becomes disabled has what kind of rider attached to it?
A life insurance policy which ensures that the premium will be paid if the insured becomes disabled has "Waiver of premium" kind of rider attached to it.
The insurance policy is the policy as a contract in between the insurer and the person who is policy holder, that determines the claims in which the insurer is legally to require the pay.
The Waiver of premium in which the rider is added a life insurance policy. In this premium, the policy holder is not paying the premiums of they are disabled or the individual or policy holder is unable to work.
The three types of insurance which are very important, is property insurance, liability insurance, and life insurance.
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from your personal experience, select one quality that you have acquired. describe how you acquired it and why this quality is important to you
From my personal experience, I have acquired the quality of resilience.
I have developed this quality through the many hardships and struggles I have faced throughout my life.
Resilience has enabled me to persevere when faced with difficult situations and has helped me to stay determined and focused on achieving my goals. It has given me the strength and courage to deal with difficult times and to keep striving even when the odds are against me.
This quality has also helped me to become more disciplined and to push myself to put in the extra effort needed to reach my goals. It has kept me motivated and determined even when I have faced failure, and it has taught me to never give up even when things may seem hopeless.
I believe that resilience is an important quality because it gives us the strength and courage to face whatever life throws at us, and it gives us the ability to keep pushing forward even when faced with adversity. It gives us the opportunity to grow and learn from our failures and to continue striving for success.
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troy and bono discuss a dispute between their boss and the union. what does troy want? what;s at risk here?
Bono, Troy's best buddy, and Troy are at odds in this situation. Troy and Bono met while Troy was incarcerated and during Troy's time playing baseball there.
What desires Troy has? What is the issue here?
Troy wants the union to modify the job description so that anyone is permitted to operate a truck. Garbage truck driving is Troy's dream job. He requests that the union alter the feature set so that everyone can succeed. Bono is Troy's best friend and sidekick. It has been this way ever since they first met as young prisoners. These two buddies hang together every Friday night while working together to collect trash. Troy faced many difficult things in his life like racism as an athlete, prison for stealing in his youth and some financial problems in his old life.
Troy demands that his loved ones lead practical, responsible lives while free from romance, and rebels against his employers' racist practices by protesting the restriction of black workers as elevators rather than garbage truck drivers.
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how do costs compare between fuyao producing ag in china and shipping to det
It's difficult to compare the costs between Fuyao producing AG in China and shipping to Detroit without knowing specific details such as the volume of goods being shipped, the mode of transportation, and the current exchange rate.
However, in general, production costs in China are often lower than in other countries, but shipping and import duties can add significantly to the overall cost. The total cost will depend on many factors and can vary greatly, so it's important to consider all relevant costs and factors when making a comparison.
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d) what type of tests would you conduct that would allow you to compare each treatment group to the other (2 at a time) without inflating the type i error (α)?
Analysis of variance is one of the most widely used statistical methods in medical research.
The need for ANOVA arises from the alpha-level inflation error, which increases the probability of Type 1 error and is caused by multiple comparisons. These are unacceptable errors. An ANOVA controls for these errors so that the Type I error stays within 5%, and you can be more confident that any statistically significant results you find aren't just running too many tests. See our guide on hypothesis testing for more information on type I errors. An ANOVA controls for these errors so that the type I error remains within 5% and you can be more confident that any statistically significant results it finds are not true. just run a lot of tests. See our guide on hypothesis testing for more information on type I errors. The significance level is the probability of rejecting the null hypothesis when it is true. For example, a significance level of 0.05 indicates a 5% risk of concluding that a difference exists when there is no actual difference.
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What are two strategies a Product Owner can use during Program Increment Planning to minimize dependencies?
O Move Stories on their team’s backlog to another team
O Split Stories to eliminate dependencies
O Change the definition of done
O Reprioritize Epics
O Move teams to another Agile Release Train
Two strategies a Product Owner can use during Program Increment Planning to minimize dependencies are O Split Stories to eliminate dependencies and O Reprioritize Epics .
A Product Owner can split Stories into smaller, more manageable pieces to eliminate dependencies. This can involve breaking down larger Stories into smaller, more focused Stories that can be worked on independently.
A Product Owner can also use Program Increment Planning to reprioritize Epics, which are larger groups of Stories.
By prioritizing Epics that have the fewest dependencies first, the Product Owner can ensure that teams are able to work on the most important and impactful work without being held back by dependencies.
Program Increment Planning provides a crucial opportunity for the Product Owner to minimize dependencies and promote collaboration among teams.
By using strategies such as splitting Stories and reprioritizing Epics, the Product Owner can help teams to work more efficiently and effectively, delivering high-quality software in a timely manner.
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suppose that the marginal cost average total cost curve horizontal summation of the firms in a perfectly competitive industry in the long run
The company makes no economic profits since its average total costs per unit are equal to its marginal income per unit.
Income is the cash or value that a person, company, or other legal entity receives in return for giving goods or services, using capital, or both. Their pay from a job would be an illustration of income for many people. Any money that a person or organization earns through labour, the creation of goods and services, or the investment of capital is considered income. Earned income and unearned income are the two different categories of income. Earned income is money you receive through employment or operating a business while actively working. Investment income, retirement income, and passive income are examples of unearned income. You can input pertinent financial, regional, and household data to get an idea of your ranking using the income class calculator that Pew has created.
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The marginal coot and average total cost curves in the diagram also illustrate the horizontal summation of the firms in a perfectly competitive industry in the long run.
9. Proposal Evaluation Techniques are used in which procurement process?
A. Plan Procurement Management.
B. Select Sellers
C. Conduct Procurements.
D. Evaluate Proposals
Proposal Evaluation Techniques are used in all stages of the procurement process, from Plan Procurement Management to Select Sellers, Conduct Procurements and Evaluate Proposals.
In the Plan Procurement Management stage, Proposal Evaluation Techniques are used to determine the criteria for evaluating the proposals and the weighting of each criterion. This helps to ensure that the evaluation process is fair and objective.
In the Select Sellers stage, Proposal Evaluation Techniques are used to assess the qualifications of potential sellers and select the most qualified ones. This helps to ensure that the best seller is chosen for the project.
Cost analysis involves comparing the costs of the proposals, while technical evaluation assesses the technical capabilities of the proposal. Risk assessment evaluates the potential risks associated with the proposal.
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Do you think that most managers in real life use a contingency approach to increase their leadership effectiveness? Explain.
Most real-life managers use an emergency approach to increase their leadership effectiveness. That means we are always thinking of new ways to improve our skills and strategies.
Yes, the most effective managers use the contingency approach in real life. The most effective leaders don't believe in a one-size-fits-all approach.
The manager should identify the tasks, the leadership needs of her tasks, and the people involved in meeting the leadership situation.
Management should strive to combine all these facts into the most appropriate solution for the particular situation. Contingency theory involves contingency factors in leadership performance in concrete situations. Task-oriented leadership activities help real managers.
Real managers use emergency approaches to increase leadership effectiveness. Managers should identify the tasks, the need for leadership tasks, and the people involved in fulfilling leadership situations.
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five annual deposits in the amounts of 10000, 8000, 6000,4000,2000, in that order, are made into a fund that pays interest at a rate of 8% compounded annually. determine the amount in the fund immediately after the fifthe deposit
Five annual deposits are made into a fund that pays interest at a rate of 8% compounded annually in the amounts of 10,000, 8,000, 6,000, 4,000, and 2000, respectively. After the sixth deposit, there are 26464 dollars in the fund.
After the initial investment, the fund's balance is equal to 10000 * (1 + 0.08), or 10800.
After the second deposit, the fund's balance is equal to 10800 + 8000, or 18800.
After the third deposit, there will be 18800 * (1 + 0.08) = 20464 in the fund.
After the fourth deposit, the balance is equal to 24464 (20464 + 4000).
After the fifth deposit, there will be 24464 + 2000 = 26464 in the fund.
As a result, there are 26464 dollars in the fund right after the fifth deposit.
Money kept in a bank account is typically referred to as a deposit. The money used as security or collateral for the delivery of goods or services can also be referred to as a deposit.
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Which of the following statements regarding the taxation of U.S. savings bonds is correct?
A. If savings bonds’ proceeds are used to pay for qualifying higher education expenses, such as college tuition and fees, the interest is only taxed by the state government and not the federal government.
B. Interest on I bonds and EE bonds is not taxed by the federal government.
C. Interest on I bonds is not taxable but interest on EE bonds is taxable.
D. Interest on I bonds and EE bonds is taxed by the federal government when the bonds are redeemed.
The correct statement is option D. Interest on I bonds and EE bonds when redeemed are taxed by the federal government .
Federal tax is levied when savings bonds are redeemed on the interest that was accrued while the bonds were purchased and held. Savings bond interest, however, is not subject to state or municipal taxes.
Saving money using Series EE bonds is a low-risk option. Until you cash them before 30 years, they accrue interest on a regular basis. We promise that EE bonds you purchase today will double in value in 20 years, even if we have to add funds at that point.
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as ceo, juan likes to meet all newly hired employees and share the story of how his grandfather started the company 60 years ago. juan uses to inspire the new employees.
Most people gain their first managerial experience at this level. Despite the wide range of titles, they always include terms like department head, group leader, office manager, foreman, and supervisor.
Both are functional manager types, but line managers are in charge of the production and marketing teams who create and advertise the product or service. Departments that assist line departments, such finance and human resources, are under the control of staff managers. First-line managerial who are skilled in communicating with people at all levels of the organisation, including team members, superiors, peers, and others, can listen, talk, and write clearly and consistently for maximum impact.
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graff, incorporated, has sales of $42,380, costs of $13,740, depreciation expense of $2,990, and interest expense of $2,180. the tax rate is 21 percent. what is the operating cash flow, or ocf?
The net operating cash flow after taxes is $17,793.3.
The operating cash flow (OCF) can be calculated by subtracting operating expenses (costs, depreciation, and interest) from operating income (sales).
OCF = Sales - (Costs + Depreciation + Interest)
OCF = $42,380 - ($13,740 + $2,990 + $2,180)
OCF = $42,380 - $19,910
OCF = $22,470
However, this calculation does not take into account the effect of taxes. To find the net operating cash flow after taxes, we need to multiply the OCF by (1 - tax rate).
Net OCF = OCF * (1 - tax rate)
Net OCF = $22,470 * (1 - 0.21)
Net OCF = $22,470 * 0.79
Net OCF = $17,793.3
Therefore, the net operating cash flow after taxes is $17,793.3. This represents the amount of cash generated by the company's operations after all operating expenses and taxes have been paid.
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What kinds of misunderstandings, if any, are likely to arise between Western-based visitors and people from the UAE during World Expo 2020?
The United Arab Emirates (UAE) consists of seven countries with different cultures. Most of the population consists of people who migrated from neighboring countries such as India and Pakistan.
These people have come with different cultures, institutions and religions, all of which have contributed to the development of her UAE. The region's diverse cultural makeup has done a lot to shape the culture of the UAE, especially Dubai, where 80% are immigrants. Another factor that has shaped UAE culture is the style of government.
The United Arab Emirates government is made up of hereditary chiefs who form the main legislative council. Western countries, on the other hand, were largely composed of indigenous peoples and believed in democratic forms of government, including elected leaders.
There should be no misunderstandings, as the fair aims to find common ground among all people, regardless of race, color or even culture. Misunderstandings can only occur if visitors arrive in bad faith, which can lead to misunderstandings and arguments during the trade fair. But if all participants attend the fair with the sole intention of building a better future, there is no misunderstanding.
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in an automobile assembly, elizabeth has specialized in performing the windshield installation and that is her only task on the assembly line. this is an example of
Elizabeth is the sole person on the assembly line who performs the windshield installation, which is her only area of expertise in a vehicle. A good illustration of division of work is this
The Division of Work by Henry Fayol: What does it mean?According to the first Henry Fayol management principle, if a person is given a specific task to do, they will grow more skilled and effective at it. In contrast, in a multitasking culture, a worker is given several tasks to complete simultaneously.
Why is there a division of labor?Division of labor combines specialization with subtask division by breaking down a complex industrial activity into a large number of smaller ones. The importance of division of labor in economics comes from the fact that it enables a given group of workers to produce a lot more output than they could if they were all working independently.
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in what respect has the government adopted a broader perspective of economic problems than did j.p. morgan?
Government intervention on behalf of struggling firms was common in the 20th century. JP Morgan held the same views regarding how to treat businesses. Both failed miserably. J.P. Morgan & Co. Incorporated serves as a holding company for organizations involved in a variety of international financial activities.
How does the government solve economic problems?In the United States, the government has two methods for influencing economic activity: monetary policy and fiscal policy. The government exercises its authority to control the amount of money in circulation and the rate of interest through monetary policy. Fiscal policy is how it exercises its ability to tax and spend.
Each government must implement policies to address the issues of unemployment, inflation, and recessions and depression. For the most of the past 20 years, unemployment and inflation in the US have both been at or below 5 percent.
Thus, Government intervention on behalf of struggling firms was common in the 20th century.
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california law requires that a licensee acting as a loan broker keep the mortgage loan disclosure statement on file for how long?
California law requires that a licensee acting as a loan broker keep the mortgage loan disclosure statement on file for 3 years.
Hence, option (c) is the correct choice.
According to California law, a licensee operating as a loan broker must maintain the mortgage loan disclosure statement on file for three years. This is done to preserve the borrower's rights and the loan conditions, and to guarantee that the broker can supply information and documents if needed in the future. Many states require that the disclosure statement be kept on file for three years, but laws and rules can change, so it is always advisable to verify with the relevant state or federal agency for the most up-to-date information.
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The missing option is:
A. 1 year
B. 2 years
C. 3 years
D. 4years
when real gdp is less than potential gdp, there is ________ which leads the unemployment rate to ________.
When real GDP is less than potential GDP, there is recessionary gap which leads the unemployment rate to rise.
When the actual GDP of an economy is lower than its potential GDP, it indicates a recessionary gap which results in an increase in the unemployment rate. The size of the recessionary gap determines the extent of the unemployment rate, with a larger gap leading to a higher rate of unemployment.
In such an environment, fiscal and monetary policies are put in place to bridge the gap and return the economy to its potential output level, thereby reducing the rate of unemployment. It is thus essential to keep a close eye on the gap between real and potential GDP in order to gauge the economic health of the nation.
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An internal control system consists of the policies and procedures managers use to do all of the following except:
Multiple Choice
a. Urge adherence to company policies.
b. Ensure reliable accounting.
c. Promote efficient operations.
d. Protect assets.
e. Determine pricing for products.
A manager's internal control system comprises of the guidelines and practices they employ, with the exception of Establish product prices.
An organization's board of directors, management, and other workers use internal control as a technique to provide reasonable assurance that the information is current, trustworthy, and correct. Of compliance with relevant rules, regulations, agreements, and laws. Internal controls can comprise the steps a business takes to guarantee that its personnel abide by all rules and regulations and do not embezzle company property. Safes, boundary limits, door locks, and surveillance tools are examples of internal controls. The following elements comprise a strong internal control system: Control environment: Management establishes a regulated atmosphere by communication, attitude, and example. Integrity, determination diligence in system design, and responsibility assignment are at the core of this.
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what is the marginal benefit of the 50th unit consumed
The borderline benefit of the 50th unit consumed is A. The 50th unit of action shouldn't be accepted. The borderline benefit is the negligible income. Profit maximization happens when the supplemental expenditure is original to a negligible advantage.
Still, it's salutary to produce, still, If minor income is more prominent than negligible expenditure at any quantum. Since then minor expenditure is$ 25 and further than the minimum advantage of$ 20 at the 50th unit of exertion.
The Borderline benefit is determined by separating the adaptation of absolute advantage got by the adaptation of the number of units consumed. The expansion regarding an existent gets from consuming another unit of a good or service.
Hence option (A) is correct.
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This question is not complete , here I am attaching the complete question:
At the 50th unit of action , the marginal benefit is equal to$20 and the marginal cost is equal to $25 . which of the following is true?
(A) The 50th unit of action should not be undertaken.
(B) The 50th unit of action minimizes the total cost.
(C) The 50th unit of action maximizes total gains(total profits)
(D) The 50th unit of action should be undertaken
