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IRISSAK [1]
3 years ago
13

Marginal cost is the: a. rate of change in total fixed cost that results from producing one more unit of output. b. change in to

tal cost that results from producing one more unit of output. c. change in average variable cost that results from producing one more unit of output. d. change in average total cost that results from producing one more unit of output.
Business
2 answers:
poizon [28]3 years ago
5 0

Answer:

b. change in total cost that results from producing one more unit of output.

Explanation:

<em>Marginal cost is the increase in in total cost as a result of producing one more additional unit. It is the extra cost incurred when an additional unit of a product is produced.</em>

GuDViN [60]3 years ago
3 0

Answer:

Option B. Change in total cost that results from producing one more unit of output.

Explanation:

The reason is that the marginal cost is the increase in the total cost due to production of an extra unit which tells about whether the cost increase due to producing an extra unit is higher than the benefit of selling one extra unit or not. If the cost of producing an extra unit is highe than the benefit drawn then their is no value in producing that one extra unit.

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The answer to the blank space is etiquette and manners.

When a salesperson receives training to enhance their etiquette and manners, it would help with their self-confidence when meeting potential clients or customers. It would also help them in establishing a good relationship with these individuals, since people are more receptive to people with good manners.

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3 years ago
Demand is not the same as quantity demanded. What factors will change the demand for a good?
DochEvi [55]

Answer:

Other factors that shift demand curves. Income is not the only factor that causes a shift in demand. Other things that change demand include tastes and preferences, the composition or size of the population, the prices of related goods, and even expectations.

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2 years ago
What is the amount of physical goods and services that can be bought with a given amount of money?
STALIN [3.7K]

Answer:

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3 0
3 years ago
You are thinking about a project to expand your business. In order to start the project, you have to invest $200,000 in new equi
svetlana [45]

Answer:

The initial outlay of this project is $270,000

Explanation:

According to the given data we have the following:

cost of new machine= $200,000

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working capital=$50,000

Therefore, in order to calculate the initial outlay of this project we would have to make the following calculation:

initial outlay of this project=cost of new machine+shipping cost+installation cost+working capital

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7 0
3 years ago
For the current interest period, Jones Corporation's accountant correctly recognized interest expense of $7,350 relating to Jone
Xelga [282]

Answer:

Journal entry recording the interest

                                            Debit             Credit

Interest Expense               $7,350

Cash                                                         $7,000

Interest Payable                                       $350

As $7,000 is paid from the total expense of $7,350. Remaining interest of $350 is recorded as liability in interest payable account.

5 0
3 years ago
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