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Len [333]
3 years ago
9

The marginal benefit Colin gets from eating a fourth slice of pizza isA. the total benefit Colin gets from eating four slices of

pizza minus the total benefit Colin gets from eating three slices of pizza.B. the same as the total benefit of eating four slices of pizza.C. less than the marginal cost of eating the fourth slice of pizza since he chose to eat the fourth slice.D. the total benefit Colin gets from eating five slices of pizza minus the total benefit Colin gets from eating four slices of pizza.
Business
1 answer:
julia-pushkina [17]3 years ago
8 0

Answer:

A) the total benefit Colin gets from eating four slices of pizza minus the total benefit Colin gets from eating three slices of pizza.

Explanation:

Marginal benefit refers to the utility received from doing something one more time. When businesses want to measure marginal benefits, they simply measure the extra revenue generated by selling one more unit, that is why it is referred to as marginal revenue. But when individuals get a marginal benefit, we tend to use a unit called util, and the marginal benefit is how many utils do we get from consuming an extra unit of product.

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"Municipal bonds, or "munis," are bonds issued by states, counties, and cities, in addition to other public agencies such as sch
morpeh [17]

Answer:

1. True

Explanation:

  • The municipal bonds are called as Munis bonds and are issued by the local government or territory and are used to finance the public projects and include the schools, airports and seaports, and infrastructure-related repair and as of 2011, the values of these bonds is valued at 3.7 trillion dollars.
  • In general, they are used for the issuing of the municipality related services and they are characterized by taxability, interest rates, liquidity, and security.
  • <u>The primary reason why theses type of bonds are special to their tax exemptions and are subjected to an alternative minimum amount of tax as an item of preferences.</u>
6 0
2 years ago
Custom Quilters makes decorative comforters, quilted garments, and other products in a small sewing factory. The company expects
Goryan [66]

Answer:

Indirect and fixed

Explanation:

Indirect costs are those cost which cannot be directly attributable to any product.

Fixed costs are those which remains the same in the period whatever the level of activity (production, sales etc.) is. It does not vary with the change in the activity level.

Supervisor salaries cannot be traceable directly to any specific product, so it is considered as the indirect cost. As the Salaries are fixed payments made on monthly or annually basis, So it is also classified as the fixed cost.

6 0
3 years ago
Read 2 more answers
Macee Department Store has three departments, and it conducts advertising campaigns that benefit all departments. Advertising co
Deffense [45]

Answer:

(i) $34,200

(ii) $55,860

(iii) $23,960

Explanation:

Total sales = $ 240,000 + $392,000 + $168,000

                  = $800,000

Department 1:

sales = $240,000

Percent of total = sales ÷ Total sales

                          = $240,000 ÷ $800,000

                          = 0.3

Allocated amount = % of total × advertising to allocate

                              = 0.3 × $114,000

                              = $34,200

Department 2:

sales = $392,000

Percent of total = sales ÷ Total sales

                          = $392,000 ÷ $800,000

                          = 0.49

Allocated amount = % of total × advertising to allocate

                              = 0.49 × $114,000

                              = $55,860

Department 3:

sales = $168,000

Percent of total = sales ÷ Total sales

                          = $168,000 ÷ $800,000

                          = 0.21

Allocated amount = % of total × advertising to allocate

                              = 0.21 × $114,000

                              = $23,940

3 0
3 years ago
Which of the following is a duty of a personal finance manager?
denis-greek [22]

Answer:

C. trading clients investments is the correct answer.

Explanation:

7 0
3 years ago
Read 2 more answers
The ____________ process includes all of the activities involved in buying or acquiring materials, externally, such as raw mater
Elena-2011 [213]

Answer: (C) Procurement

Explanation:

The procurement process is one of the type of business strategic function that helps in improve the growth and also the profitability of an organization.

It is the process of dealing with the various types of activities for using the various types of materials that is necessary for making the various types of products.

The main objective of the procurement process is that it helps in the talent development process, operational efficiency and the value delivery.

According to the given question, the procurement process is basically including all the activities for acquiring the various types of materials for making the actual products.

 Therefore, Option (C) is correct answer.

4 0
3 years ago
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