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4 years ago

In one or two sentences, explain why people will do less of an activity when the marginal costs are greater than the

Business

1 answer:

Ganezh [65]4 years ago

5 0

Answer:

To reduce losses

Explanation:

Marginal cost refers to the extra expense associated with the production or sale of one more unit of a product or service. Marginal revenue is the gain derived from selling an extra unit. Marginal cost is compared to marginal revenue to determine the viability of extra production.

When marginal cost is higher than marginal revenue, it means the business is incurring a loss by selling one more product. The business is better off not selling the additional unit. People will do less of that activity because it is not worth doing it. It is a loss-making venture.

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In an open economy, gross domestic product equals $2,450 billion, consumption expenditure equals $1,390 billion, government expe

N76 [4]

Answer:

$735 billion

Explanation:

Calculation to determine the national saving

Using this formula

National saving =Gross domestic product-Consumption expenditure-Government expenditure

Let plug in the formula

National saving=$2,450 billion-$1,390 billion- $325 billion

National saving=$735 billion

Therefore the national saving is $735 billion

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3 years ago

Which of the following statements is false?

Paul [167]

Answer:

Explanation:

C. online retailing and in-store retailing experience similar rates of product return.

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3 years ago

What is economic unity

NemiM [27]

Answer:

the state of different areas or groups being joined together to form a single country or organization.

Explanation:

4 0

3 years ago

This activity is important because as a manager, you should know how compensation methods are related to motivation theories. Co

kompoz [17]

Answer:

A. Merit Pay - 2. Equity Theory

B. Gain sharing 3. Goal-setting Theory: Unit-Focused

C. Piece-Rate Systems 4. Goal-setting Theory: Individual-Focused

D. Recognition Awards 1. Expectancy Theory Instrumentality

E. Lump-Sum Bonuses 5. Extrinsic Motivation

Explanation:

Employee motivation is dependent on many factors. A person may be motivated just if his work is appreciated. He feels that his work is appreciated and for this reason he is motivated to perform better. Some people consider pay rise or monetary rewards as their motivation factor. Some people finds more authority as their motivating factor. They feel motivated if they are given more challenging work and more authority.

8 0

4 years ago

Nathan bought 200 shares of stock at $40 per share ($8,000 total). He paid $5,000 in cash and borrowed $3,000 from the brokerage

yan [13]

If Nathan sells now, after paying a commission of $160 and margin account interest of $90, he will lose <u>$650</u>.

<h3>What is buying on margin?</h3>

Buying on margin is a situation when an investor buys an asset by <u>borrowing the balance </u>from the brokerage firm.

With buying on margin, the investor pays part of the investment cost while the remaining is met by the broker.

<h3>Data and Calculations:</h3>

Cost of 200 shares at $40 per share = $8,000

Investor's cash = $5,000

Margin purchase = $3,000

Interest rate = 6%

Interest amount = $90 ($3,000 x 6% x 1/2)

Commission = $160

Total amount spent = $8,250 ($8,000 + $90 + $160)

Total amount realized from sale = $7,600 ($38 x 200)

Loss from sale = $650 ($7,600 - $8,250)

Thus, if Nathan sells now, after paying a commission of $160 and margin account interest of $90, he will lose <u>$650</u>.

Learn more about margin accounts at brainly.com/question/17328883

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5 0

2 years ago