Q1: How contract is discharged by subsequent impossibility? (important instructions: answer must be original in contax, should not contain plagirism, answer must be in proper detail and higlighted all important points. explanation must contain proper facts and figure and examples are mandatory)

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A: Answer -

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A: Explicit cost- Explicit business costs include all transactions relating to production factors used…

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A: Savings is the amount that can be kept aside for future use. This can even arise from the reduction…

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A: Total cost is the sum of fixed cost and variable cost.Fixed cost is the cost that doesn't changes…

Q: The graph to the right depicts the per unit cost curves and demand curve facing a shirt manufacturer…

A: A demand curve is a graphical depiction of the relationship between the price of a good or service…

Q: Price ($) E P3 P₂ 11 11 Π n+ MC of ATC MR3 AVC MR₂ -MR₁ Quantity Question 4: Identify the profit or…

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A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

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A: False.Ownership of the surface of land can be separated from ownership of its subsurface in a deed.…

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A: In finance, there are many types of assets and liabilities.

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A: Resources are the tools, possessions, and capacities that people, groups, or nations may use to…

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A: "Explicit costs is a out-of-the-pocket cost which is actually made by an individual/firm/business."…

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A: Product sales is REVENUE.  Purchase of a new control system is an INVESTMENT COST.

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A: The cost function refers to the mathematical presentation of the costs of the firm:

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A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: State True, False or Uncertain: "Accounting profit is smaller than economic profit."

A: The statement is asking us to compare accounting profit and economic profit. To answer this, we need…

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A: Disclaimer :- as you posted multipart questions we are supposed to solve the first 3 questions only…

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A: Profit is the amount that the sellers / producers earn over and above the cost of production.It is…