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Maslowich
3 years ago
15

Rational economic decision makers will make a change only if: a. ​their expectations are correct. b. ​there are no costs involve

d. c. ​there is no uncertainty about the results of the change. d. ​the change is free of risk. e. ​the expected marginal benefit exceeds expected marginal cost.
Business
1 answer:
STALIN [3.7K]3 years ago
5 0

Answer:

e. the expected marginal benefit exceeds expected marginal cost

Explanation:

Rational decision making refers to deciding in favor of those decisions which yield favorable results. The decision making process takes into account rational, unbiased objective thinking before opting for a course of action.

Marginal benefit refers to how much a consumer is willing to pay to consume an additional unit of output.

Marginal cost refers to the additional cost incurred when another unit of an output is produced.

A rational decision maker makes a change only in the scenario wherein, the marginal benefits derived from consuming a product exceed the marginal cost associated with the product.

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Which statement below best answers the economic question "How to produce"?
FromTheMoon [43]

Answer:

An artisan uses local wood from a sustainable tree farm to make products.

(third option listed)

Explanation:

<em>Producing </em>is the actual making of something, and so the question of "How to produce?" can be best answered by an explanation of the production process.

So, "An artisan uses local wood from a sustainable tree farm to make products." describes the process of production--how the artisan is making their products.

read more about production at brainly.com/question/1462676

hope this helps!!

4 0
2 years ago
The _____ section of the business plan tells the reader what the organization is committed to doing.
Andru [333]
Accounts department
6 0
3 years ago
The general ledger shows a balance of $ 66 comma 200 in the Merchandise Inventory account at the end of the period. The physical
madam [21]

Answer:

The adjusting entry includes a debit to Cost of Goods Sold and a credit to Merchandise Inventory for $3,200

Explanation:

Perpetual inventory is a method of accounting for inventory that records the sale or purchase of inventory immediately

The adjusting entry is calculated by subtracting the physical inventory account from the merchandise inventory account

Given

Physical Inventory Account= $63,000

Merchandise Inventory Account= $66200

Adjusting Entry = Merchandise Inventory Account - Physical Inventory Account

Adjusting Entry = $66,200 - $63,000

Adjusting Entry = $3200

6 0
3 years ago
The management of Krach Corporation would like to investigate the possibility of basing its predetermined overhead rate on activ
Effectus [21]

Answer:

<em>16,800 dollars.</em>

Explanation:

<em>Overhead rate predetermined at availability. </em>

= Approximate overhead processing times / Capacity machine hours.

= $33,600 / 24,000.

= $1.4 per hour on machine.

<em>Cost of Resources not used. </em>

= (Machine hours at capacity - Actual machine hours) x Overhead speed estimated at load.

= ( 24,000 - 12,000) x $1.4.

= 16,800 dollars.

3 0
3 years ago
Read 2 more answers
PLEASE HELP ME!
cestrela7 [59]
If I'm not mistaken the answer is B - demographics
8 0
2 years ago
Read 2 more answers
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