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ankoles [38]
3 years ago
8

After determining the marginal cost and the marginal benefit of an option, the next step is to _____ . be better or worse off fr

om the decision consume an extra unit of a good or service decide which is greater: marginal cost or marginal benefit
Business
2 answers:
Elza [17]3 years ago
6 0
After determining the marginal cost and the marginal benefit of an option, the next step is to DECIDE WHICH IS GREATER: MARGINAL COST OR MARGINAL BENEFIT.

If the marginal benefit is greater than the marginal cost, then it is better to proceed with the option.

If the marginal cost is greater than the marginal benefit, then it is better to retain the status quo.
kari74 [83]3 years ago
5 0

Answer:

decide which is greater: marginal cost or marginal benefit

: Hope it helps

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While waiting in line to buy two tacos at 80 cents each and a medium drink for 90 cents, Jordan notices that the restaurant has
marysya [2.9K]

Answer:

(B). 50 cents

Explanation:

<u>Marginal cost</u><u> is the cost incurred by producing or purchasing one more unit of an item.</u>

If Jordan buys two tacos and a medium drink, it will cost him $2 and 50 cents or 250 cents (80 + 80 + 90).

However, if he opts for the value meal of three tacos and a medium drink, that costs $3 (300 cents), then he would be purchasing one additional taco at a marginal cost of 50 cent.

Marginal cost of additional unit of taco = 300 cents - 250 cents = 50 cents.

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4 years ago
When inflation occurs each dollar of income will buy ______ goods and services than before. Multiple choice question. fewer more
Sliva [168]

When inflation occurs each dollar of income will buy fewer goods and services than before.

<h3>What is inflation?</h3>
  • In the field of economics, inflation refers to an overall rise in the cost of goods and services throughout a nation.
  • Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money.
  • Deflation, a continuous drop in the general level of prices for goods and services, is the reverse of inflation.
  • The annualized percentage change in a general price index, or the inflation rate, is the most widely used indicator of inflation.
  • The consumer price index (CPI) is frequently employed for this purpose because price increases are not uniform across the board.
  • In the United States, wages are also calculated using the employment cost index.

Therefore, when inflation occurs each dollar of income will buy fewer goods and services than before.

Know more about deflation here:

brainly.com/question/13562161

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6 0
3 years ago
You can establish a feeling of control on your first day by _____. a. telling the boss that you need higher pay b. planning ahea
Alexus [3.1K]
B is the answer i got for ya
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No impairment

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Since the future net cash flows are still recoverable and they are higher than carrying amount, none needs to be reported

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A because debt financing is really important
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