1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
amid [387]
3 years ago
14

For​ example, if the total cost of producing three units of output is ​$2,498 and the total cost of producing four units of outp

ut is ​$3,087​, then the marginal cost of the fourth unit is
Business
1 answer:
topjm [15]3 years ago
3 0

Answer:The marginal cost of fourth unit is $589

Explanation:The marginal cost of a good is defined as the cost of producing an additional one unit which increases the total cost of such good. Therefore we can say that;

Marginal cost=Total cost at 4 units - total cost at (4-1) units

 =total cost of  the  4 units - total cost of the  three units

              =3,087 -2,498

             =$589

Also using the formulae;

Marginal cost = Change in cost / change in quantity

= 3,087 -2,498/4-3 =589/1= $589

The marginal cost of fourth unit is $589

You might be interested in
Fredrico has to lead a training for his company. He wants to include a visual element to help engage his audience. What type of
olga_2 [115]

Answer: The correct answer is a PowerPoint presentation.

Explanation: The best method to include a visual element to a training is by using PowerPoint. This is a Microsoft program that allows you to create engaging visual presentations. In addition to text, it allows the creator to include things like photos, text effects and videos in the presentation.

7 0
3 years ago
A benefit of earning an hourly wage instead of a salary is
Ilya [14]
You get pad by the hour but may make more <span />
8 0
3 years ago
Read 2 more answers
Prepare various types of budgets
chubhunter [2.5K]
I’m happy to answer this question if you can give me more detail.
6 0
3 years ago
Phoenix, a popular coffee shop chain in North America, recently opened 400 stores to cater to its rapidly increasing number of p
Arisa [49]

Answer: market penetration

Explanation: In order to carter to its rapidly increasing number of patrons, Phoenix is engaging in market penetration by opening 400 stores to this effect. Market penetration is simply defined as a process of increasing or making more sales to current customers of an organisation without changing or modifying the products of the organisation.

4 0
3 years ago
Albright Company purchased as a long-term investment $500,000 of Benton Corporation 10-year, 9% bonds. Required: Present entries
katen-ka-za [31]

Answer:

March 1, purchased securities from Benton Corporation:

Dr Investment in securities 500,000

    Cr Cash 500,000

May 1, sold half of securities plus accrued interest:

Dr Cash 248,550

Dr Loss on investment in securities 5,000

Dr Brokerage fees 200

    Cr Investment in securities 250,000

    Cr Interest revenue 3,750

Securities were sold at 98 or $250,000 x 98% = $245,000, which means that the company lost $5,000 with that investment.

5 0
3 years ago
Other questions:
  • In September 2009 a U.S. investor chooses to invest $500,000 in German equity securities at a then current spot rate of $1.30/eu
    14·1 answer
  • Publix, a southeastern grocery store chain, has signs saying that tips are not accepted and employees are all informed of this p
    11·1 answer
  • Critics argue that the BCG portfolio model sometimes provides misleading advice concerning how resources should be allocated acr
    7·1 answer
  • Three individuals form Skylark Corporation with the following contributions: Cliff, cash of $50,000 for 50 shares; Brad, land wo
    14·1 answer
  • Which of the following acts levies a tax on employers and employees that is credited to the federal old-age and survivors' trust
    8·1 answer
  • Companies use technology cycles and innovation streams for which of the following purposes? A. To create a competitive advantage
    5·1 answer
  • Clem Corporation issues 1,000 shares of common stock for $25,000. Clem purchased equipment for $10,000 by borrowing from the ban
    6·1 answer
  • If you expect the euro to depreciate, it would be appropriate to ____ for speculative purposes. Question 7 options: sell a euro
    13·1 answer
  • When partners own different portions of the business, the terms should be stated clearly in what document?
    6·2 answers
  • - Ethical Considerations. Is managing a business in ways
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!