Cost of debt and Equity
Cost of debt= (1-tax rate)* interest rate * (debt ÷capital employed)Cost of equity = risk free rate + market premium (equity shareholders funds÷ capital employed)
What happens to the supply curve when each of these determinants changes?
How did producers decide on the best combinations of resources to use? Who made these resources available, and why?
Elucidate the gains that have occurred using the resources as before specialization?
Illustrate and clarify the economizing problem?
Briefly describe the term explicit cost and implicit cost?
Illustrate a fundamental characteristic of demand behavior?
Define the following terms?
Explain the law of supply. Why does the supply curve slope upward?
Define the Legal forms of businesses?
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