As a Receipt,the _______________ Indicates That the Carrier Has Received

question 90

Multiple Choice

As a receipt,the _______________ indicates that the carrier has received the merchandise described on the face of the document.

• A) letter of credit
• B) time draft
• C) sight draft
• D) bill of lading
• E) trade acceptance

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Definitions:

Marginal Product

The change in output resulting from employing one more unit of a particular input while holding all other inputs constant.

Total Product

The total quantity of output produced by a firm for a given quantity of inputs.

Marginal Product

The additional output that is generated by adding one more unit of a specific input, ceteris paribus.

Marginal Product

The additional output resulting from the use of one more unit of a variable input, holding all other inputs constant.