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3 years ago

When a nation is under-allocating resources to the production of a good, then the:_________.

Business

1 answer:

Amanda [17]3 years ago

7 0

Answer:

c. marginal benefit is less than the marginal cost of the good.

Explanation:

Allocation of resources is important in every nation or society because, human wants are unlimited whereas the resources meant to satisfy these wants are in short supply. Therefore, only the most important needs are satisfied before the less important needs. Marginal benefit is the maximum sum of money that consumers are willing to pay for an additional good or service. Marginal cost is the difference in cost when a new or additional unit of goods is produced.

Nations would allocate less to the production of a good when the maximum price consumers are willing to pay for an added unit of that good becomes less than changes in cost when a unit of that good is produced. Marginal benefit reduces when consumption of the good has increased to a reasonable extent. The consumers then lose interest in paying more for that good.

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The fda regulations governing disclosure of individual cois require:

lozanna [386]

COIs stands for Conflicts of Interests. COIs occur when there are two or more interest of contradiction due to any activity in an institution or organization. FDA has regulations for the COIs in clinical research. The FDA regulations governing disclosure of individual COIs require disclosure of Significant Financial Interests that would effect the funding.

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3 years ago

When marginal cost is greater than marginal benefit at the current activity level, the decision maker can increase net benefit b

Rainbow [258]

Answer: d. total cost will fall by more than total benefit will fall.

Explanation:

At this point where Marginal benefit is greater than marginal cost, it means that every additional unit produced gives a higher total cost than total benefit.

If activity levels were to be decreased therefore, total cost would fall more than total benefit would fall until a point is reached where total benefit and total cost would be falling at the same rate. This would be the optimal activity point because Marginal cost would be equal to Marginal benefit.

7 0

2 years ago

Suppose that a country bandcountry band called Only HereOnly Here has released its first CD with WantedWanted Records at an inte

Virty [35]

Answer:

The recording label should increase the production and distribution of Here band

Explanation:

In the given question it is stated that the Music stores can markup to the price of $17.99 with continued strong sales against the listed price of $14.99.

Now,

The markup price is the extra amount that is over the cost of product or the service.

Thus,

Here, the Markup will further increase the profit by $17.99 - $14.99 = $3

Hence,

The recording label should increase the production and distribution of Here band

8 0

2 years ago

You purchase 4,000 bonds with a par value of $1,000 for $978 each. The bonds have a coupon rate of 7.7 percent paid semiannually

drek231 [11]

Answer:

The amount to be received onthe coupon date is $154000.

The amount to be received at bonds maturity is $4154000.

Explanation:

amount received on the next coupon date = 4000*$1000*7.7%*6/12

= $154000

amount to receive when the bonds mature = face value + interest

= 4000*$1000 + $154000

= $4,000,000 + $154000

= $4154000

Therefore, the amount to be received onthe coupon date is $154000 and the amount to be received at bonds maturity is $4154000.

7 0

3 years ago

Martinez Company uses flexible budgets to control its selling expenses. Monthly sales are expected to range from $166,900 to $19

kolezko [41]

Answer:

<u>monthly flexible budget for each $11,100 increment </u>

Sales $11,100

Less Sales Commissions ( $11,100 × 6%) ($666)

Net Sales $10,434

advertising ( $11,100 × 5%) ($555)

traveling ( $11,100 × 4%) ($444)

delivery ( $11,100 × 2%) ($222)

Net Income $9,213

Explanation:

Consider Only the incremental costs and revenues.Fixed costs are not relevant for the $11,100 increment

<u />

4 0

3 years ago