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1 year ago

In the field of economics, the additional cost associated with one more unit of something is called a(n)?

1 answer:

3 0

In the field of economics, the additional cost associated with one more unit of something is called a(n) marginal cost.

This is further explained below.

<h3>What is marginal cost.?</h3>

Generally, The change in the overall cost that occurs as a result of an increase in the amount produced is referred to as the marginal cost.

This is also referred to as the cost of producing an extra quantity.

In conclusion, In the study of economics, the term "marginal cost" refers to the extra expense incurred by producing one more unit of a certain product or service.

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Umnica [9.8K]

Answer:

$35,660

Explanation:

the depreciable value of the vehicle = $47,550 - $4,500 = $43,050

depreciation expense per mile driven = $43,050 / 105,000 miles = $0.41

depreciation expense 2019 = $0.41 x 10,500 = $4,305

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accumulated depreciation = $11,890

book value = $47,550 - $11,890 = $35,660

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3 years ago

On December 31, 2015, Coolwear Inc. had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $43,000 and

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Answer:

Bad debt expense $5.125

Explanation:

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Allowance for Uncollectible Accounts $ 1.250

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2 years ago

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3 years ago

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3 years ago

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Explanation:

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3 years ago