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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

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galben [10]

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If interest rates are declining, which of the following would be expected? (A) Discount bonds will appreciate more than premium
KengaRu [80]

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option A

Explanation:

The correct answer is option A.

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3 years ago
Which of these is NOT an example of discharge for cause?
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felonious conduct?

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3 years ago
The accounting records of Whispering Winds Corp. show the following data. Beginning inventory 3,010 units at $6 Purchases 8,130
Sindrei [870]

Answer:

$66,700

b. LIFO = $70800

67807.81

Explanation:

LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.

(8130 x 8) + [(9090 - 8130) x 6) = 70800

FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold

(3010 x 6) + [(9090 - 3010) x $8] = 66,700

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18060

48640

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5760

7 0
3 years ago
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