In using a marginal cost pricing rule to regulate a natural monopolist, losses would be sustained by the firm because the price is below the average total cost.
The marginal cost, or price of producing more, is the variation in total cost that results from increasing the quantity produced in economics. It can refer to an increase of one unit of output in some settings and to the rate of change of total cost as output increases by a tiny amount in others. The marginal cost is the slope of the total cost, or the rate at which it increases with output, and is expressed in dollars per unit while the total cost is expressed in dollars. The difference between average cost, which is the entire cost divided by the quantity of units produced, and marginal cost is that latter.
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Answer and Explanation:
The journal entry is shown below:
Interest Expenses $ 40,570
To Discount on bonds payable {($882,000 - $829,100) ÷ 10 years} $5,290
To Cash $35,280
(Being the interest expense is recorded)
For recording this we debited the interest expense as it increased the expenses and credited the discount on note payable and cash as it decreased the assets so cash is credited
When The nurse is assessing a patient's functional ability, the activities that <span> most closely match the definition of functional ability are:
</span><span>-. Healthy individual works outside the home, use a cane, well groomed.
- Healthy individual, college education, travels, can balance a checkbook
During the assessment, the nurse will assist the patient to do several activities that will most likely become the patient's routine</span>
the answer to ur question is industry
Answer: They should not
Explanation:
The Social cost of a project refers to the total cost that society incurs as a result of the project. This includes the actual costs to the investors as well as the cost to society such as pollution. Likewise the social benefit is the entire benefit that accrues from the project.
When using the Social Cost Benefit Analysis, one should not pick a project that has a higher social cost than social benefit because it would lead to a social loss. In order words, the project would cost society more than society would benefit from it so there is no need to embark on such a project.
