Which of the following statements is NOT correct? The long-run total cost curve is the lower envelope of all the short-run total ost curves. O The marginal cost curve intersects average variable cost (AVC) and average total cost (ATC) at the minimum of ATC and AVC. The long-run average total cost curve must be the lower envelope of all of the firm's short-run average total cost curves. O In the short run where capital is fixed, to minimize the cost, the necessary condition is the technical rate of substitution equals to input price ratio.

How would present a loss and or an expense or damage claim?

Ethics Many salespeople, especially those that sell financial products such as life insurance or annuities, earn their salary or a portion of their salary based on the product(s} they convince you to purchase. In addition, buyers are often uneducated about how the sellers make their money and about the product(s) themselves. What are the ethical obligations the seller has toward the buyer? Should the salesperson disclose how he or she earns his or her money? Is ii ethical for a salesperson to try to sell the buyer a product that provides a higher commi.ssion for the salesperson? What responsibility does the buyer have in such situations?

Individual factor and situational factor for samsung sustainability

At a price of $14, country 1 will     (a) offer for export 9 units of this product.     (b) seek to import 9 units of this product.     (c) choose not to trade.     (d) increase supply.     (e) offer for export 18 units of this product

breakeven point explained

Maria takes out a 30-year mortgage at 5.5% to buy a house that costs $280,000. She must have a down payment of 3% of the purchase price.

Ans for part D

True/False Personal income include personal taxes

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