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S_A_V [24]
1 year ago
4

Optimization behavior implies that if the marginal benefit of an activity is ______ ______ its marginal cost, you should not eng

age in that activity.
Business
1 answer:
yarga [219]1 year ago
4 0

Optimization behavior implies that if the marginal benefit of an activity is greater than  its marginal cost, you should not engage in that activity.

Marginal cost refers to the increase or decrease in cost to produce another unit or service another customer. Also called surcharge.

Marginal cost refers to the additional cost of producing each additional unit. For example, it may cost him $10 to make 10 cups of coffee. Making another one will cost you $0.80. This is the marginal cost. Additional cost to produce additional units of production. Marginal costs arise from production costs.

Marginal cost is the incremental or additional cost of producing one more unit of production. It is the amount by which total and total variable costs change as more or less units of output are produced.

Learn more about Marginal cost https://brainly.in/question/4257056

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Due to economies of scale, average costs decline as:
Mkey [24]

Answer:

As production increases

Explanation:

  • Economies of scales is characteristic of certain business in which the average cost (the cost of every produced unit of an specific good or service, which equals total cost divided by all units produced) declines as the amount of the product increases.
  • This happens for example, in business that have a high cost of initial investment and low operating cost. Because of the initial investment, the average cost of the first units (which is the result of dividing total cost into all the units that have been produced until that moment), is relatively high because there is a high investment divided into relatively few units of production. This cost decreases while product increases because the cost of investment is distributed into more units, and the operating cost do not increase cost substantially.
7 0
3 years ago
EXERCISE 6-3
AfilCa [17]

Answer:

bdfngmhgfsadfhfh,j.,gfdbn,.kj,gfdg

Explanation:

dvsvdsvd

7 0
4 years ago
A local bank is contemplating adding a new atm to their lobby. they will need another phone line to provide communications that
Gala2k [10]

  A local bank is contemplating adding a new atm to their lobby. they will need another phone line to provide communications which have a monthly cost of $50 per month. This is an example of Incremental cash flow

Communication is the act of giving, receiving and sharing information. That is speaking, writing, listening and reading. Good communicators listen carefully, speak and write clearly, and respect different opinions.

Communication marketing, public relations and advertising careers. Marketing, public relations, and advertising are three other great areas to dive into with a communications degree that will enable you to communicate effectively in written and verbal communication with your consumers, colleagues, or customers.

Good communication Her skills are essential to enable others and herself to understand information more accurately and quickly. In contrast, poor communication skills often lead to misunderstandings and frustration.

Learn more about communications here

brainly.com/question/26152499

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4 0
2 years ago
The three types of major stressors in your life are:
Andrew [12]
Physical Trauma

Loud noise

Loss of a loved one

8 0
3 years ago
A company reports the following: Net income $375,000 Preferred dividends 75,000 Average stockholders' equity 2,500,000 Average c
Anit [1.1K]

Answer:

a) The return on stockholders’ equity = 15%

b)  The return on common stockholders’ equity = 16%

Explanation:

a) Return on Stockholders’ Equity = (Net income)/(Average stockholders' equity)

= ($375,000)/$2,500,000

= 15%

b) Return on Common Stockholders’ Equity = (Net income - Preferred dividends) /(Average return on common stockholders' equity)

= ($375,000 - $75,000) / $1,875,000

= 16%

7 0
3 years ago
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