Answer:
total cost resulting from the production of an additional unit of output.
Explanation:
The marginal cost is the cost in which there is a change in total cost while producing an extra unit of output
The formula is used for computing the marginal cost is
Marginal cost = change in production cost ÷ change in quantity
By dividing the change in production cost from the change in quantity we can get the marginal cost and the same is to be considered
hence, the second option is correct
In the disaster recovery plan, each response should detail the use of resources and assign only those needed to <u>Fix</u> the problem.
The definition of aid is something that is prepared to apply if or whilst it's far wanted. An instance of a resource is extra cash in a financial savings account. An example of a helpful resource is a chum with electrical capabilities who has volunteered to help install a lights fixture. An instance of a helpful resource is spring water on a chunk of land.
An aid is something that can be used for making profits or benefits, whether or not that be a supply, delivery, or aid. Assets are regularly herbal sources of wealth or functions to enhance the quality of life.
Resource refers to all the substances available in our environment which might be technologically on hand, economically feasible, and culturally sustainable and help us to fulfill our wants and needs.
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Answer: The economic life of a business can be divided into artificial time periods.
Explanation: As per the principal of continuity the existence of a company is perpetual thus to report the performance of the company to the stakeholders the existence of such company is divided into smaller periods and this method is termed as periodicity assumption.
Answer:
Part 1. Marketing Department
Part 2. Sales Department
Explanation:
The Marketing department is the one which is responsible for creating product awareness among the target market segment customers. The marketing department assesses the best option to approach the customers present in the market segment. The option that will generate greater product awareness and is less costly to the organization is the best option that the market department tries to find to reach customers.
On the other hand, the Sales department is responsible to approach its potential customers to ensure that sales targets are met. They are the ones who will finalise the dealings between the company and the customer to sell the products or services.
