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MrRa [10]
3 years ago
14

In economic terms, marginal is another word for which of the following? a. Outside . . b. Rare . . c. Additional . . d. Boundari

es.
Business
2 answers:
likoan [24]3 years ago
7 0
In economic terms, marginal is another word for: C. additional

Let's say that you need to consume 2 hamburgers to be fully satisfied. The marginal cost refer to the additional cost that you need to pay to acquire the second hamburgers 

hope this helps
Lilit [14]3 years ago
3 0

Answer:

c. Additional

Explanation:

The term marginal in economics is used in various analytical situations to measure the impact of an additional unit produced or traded. For example, from the firm's perspective there is marginal cost and marginal revenue. Marginal cost refers to the additional cost of producing one unit for more than one good. Thus, if the firm produced 100 and decides to produce 101 units, the marginal cost is the cost of the 101st unit. The marginal revenue, in turn, would be the sale value of one more unit.

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A snack food company experimented with the frequency of its advertising by working with a local cable provider. On the north end
Leona [35]

Answer:sales test

Explanation:The Sales test evaluates a candidate's ability to complete the sale of goods or services on behalf of a company, including related interactions with prospective and current customers before, during, and after completion of the sale.

4 0
3 years ago
Chico Company paid $560,000 for a basket purchase that included office furniture, a building and land. An appraiser provided the
s2008m [1.1K]

Answer: $110,432

Explanation:

The cost allocated to the Office furniture is the percentage of total appraised cost * the price paid for the basket purchase because it shows what proportion of the Basket Purchase should be ascribed to the Office furniture.

Total Appraised value = 140,000 + 460,000 + 110,000

= $710,000

Office furniture Proportion = 140,000/710,000

= 0.1971830985

=0.1972

Amount to be allocated to Office furniture = 0.1972 * 560,000

= $110,432

$110,432 should be allocated to the office furniture.

= $110,422.

3 0
3 years ago
On April 30, Victor Services had an Accounts Receivable balance of $19,100. During the month of May, total credits to Accounts R
suter [353]

Answer:

Credit Sales = $48100

Explanation:

The credit sales can be calculated by reversing the formula for Closing accounts receivables.

The formula for closing accounts recevables is,

Closing accounts receivables = Opening accounts receivables + Credit sales - collections from accounts receivables

To caculate Credit sales, the formula will be:

Credit sales = Closing accounts receivables + Collections from Accounts receivables - Opening accounts receivables

Credit sales = 14000 + 53200 - 19100 = $48100

7 0
4 years ago
A company's value-creating activities can offer a competitive advantage in one of these ways. a. contribute to greater efficienc
natali 33 [55]

A company's value-creating activities can offer a competitive advantage by contributing to greater efficiency and lower costs and provide a basis for differentiation.

<h3>What is differentiation?</h3>

This is a process whereby organizations ensure that their product are recognized in the market space. The aim is to distinguish a company's product from competitors.

Hence, a company's value-creating activities can offer a competitive advantage by contributing to greater efficiency and lower costs and provide a basis for differentiation.

Learn more about differentiation here: brainly.com/question/26683215

#SPJ12

6 0
2 years ago
A friend, explaining his position with respect to liability insurance states, "I don't feel I need the high limits of liability
Butoxors [25]

Answer:

I agree with him since liability insurance covers the policy holder against legal claims (law suits) due to personal injuries or damages caused to other people or their properties.

Generally people or businesses exposed to higher risks are covered by policies with high amounts, e.g. a manufacturer of any type of product (or really any type of business, even services), a doctor or more commonly anyone who has a car.

Since this is a homeowners policy, then a low limit should be sufficient. Just think a¿bout it, how can your house damage someone else? Maybe a neighbor or someone else visiting you slips and suffers an injury, but the possibility of the harm being serious is very low. If this included a car insurance policy, then you could request a higher amount, but not for a house.

3 0
3 years ago
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