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3 years ago

At a quantity of 130, marginal benefit equals __ and marginal cost equals _.

Business

1 answer:

ohaa [14]3 years ago

8 0

Answer:

$1.60, $0.50

Explanation:

At a quantity of 130, marginal benefit equals $1.60 and marginal cost equals

$0.50.

marginal cost means incremental cost or cost in production of every additional unit it is measured by change in total cost divided by change in number of quantity.

likewise, marginal benefit amount consumer pay on buying additional unit. it is calculated by multiplying quantity with price of that unit.

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3 years ago

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3 years ago

Read 2 more answers

On January 1, a company issued 6%, 10-year bonds with a face amount of $60 million for $55,736,520 to yield 7%. Interest is paid

Olegator [25]

Answer:

Effective interest on June 30 on a 6% $60 million bond at 7% effective rate is $1,950,778

The interest is treated in the books of account thus:

Debit interest expense $1,950,778

Credit Bond account $1,950,778

Explanation:

The effective interest is computed using the below formula

Amount x Effective Rate (%) = Interest Expense

Amount=$55,736,520

Effective rate =7%/2 =3.5% semi-annually

Interest expense=$55,736,520*3.5%

Interest expense=$1,950,778

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3 years ago

At a quantity of 130, marginal benefit equals ______ and marginal cost equals _____.

At a quantity of 130, marginal benefit equals __ and marginal cost equals _.