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.
Read more about marginal cost.
brainly.com/question/7781429
#SPJ1
Answer:
Because a monopoly is when one person or buisness provides a good or service that people can't get anywhere else so they can continue to make money.
Explanation:
Answer and Explanation:
The computation of the variable cost per unit and the total fixed cost is shown below;
a. The variable cost per unit is
= (Highest total cost - lowest total cost) ÷ (Highest units produced - lowest units produced)
= ($440,000 - $300,000) ÷ (5,500 - 2,700)
= $140,000 ÷ 2,800
= $50
b. The total fixed cost is
= $440,000 - 5,500 × $50
= $440,000 - $275,000
= $165,000
Answer:
The net operating income for the month under variable costing is $500,000
Explanation:
Note : I have attached the full question as an image below
It can be inferred that Alexandria may exhibit the above traits because of her philosophy of always helping local businesses. This may come from the understanding that local businesses support and create more employment.
<h3>Why is employment important?</h3>
Employment is critical because it ensures that aggregate demand is constantly growing.
Without aggregate demand, there won't be supply and the economy collapses.
Learn more about employment at;
brainly.com/question/1446509
#SPJ1
