Answer:
D) When incremental revenues exceed incremental costs
Explanation:
Incremental revenues are the additional revenues generated by selling additional units, or in this case an special order. Incremental costs are the additional costs generated by accepting the special order.
Generally when a special order is being considered, the company must first determine if the additional output is possible with the current capacity, and if so, which additional costs would apply to the special order. Generally certain fixed costs are not included in the cost analysis of special orders, and only variable costs are used to determine if it generates profits or not.
Answer: Option C
Explanation: In simple words, micro-targeting refers to the marketing technique usually used by political parties under which the entity tries to capture a target audience by focusing on a particular topic or characteristic.
In the given case, Ramsey Jordan wants to promote himself to the audience by showing off his educations quantification and visions for the future.
Thus, we can conclude that he is micro-targeting.
C.
Allocative efficiency in simple terms basically means there is no wastage, therefore if producers produce at price equals marginal coat, they are producing at the point where consumers are willing to pay that final price. Refer to the poorly drawn diagram for reference.
If government spending occurs, there will be a(n)crowding out of private-sector investors, described as a(n) opportunity cost of that spending.
<h3>What is government spending?</h3>
This is the term that is used to refer to all forms of expenditures that the government of a place may embark on.
Spending is an expansionary policy that helps to stimulate the government of a place.
Read more on government spending here:
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An allotment is an allocation of proceedings basically a portion of proceedings.
