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IRISSAK [1]
4 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]4 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]4 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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Natalka [10]

Answer: $3,350

Explanation:

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Formula to calculate value-added by each firm is shown below:

Value-added = Sales by Firm + Change in stock – purchase of raw material

Value added by firm A = $5 × 200 + 0 – ($250 + $200)

                                      = $550

Value added by firm B = $7 × 300 + 0 – ($150 + $100)

                                      = $1,850

Value added by firm C = $1,000 + 0 - $50

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Economy's GDP = Value added by firm A + Value added by firm B + Value added by firm C

                           = $550 + 1,850 + 950

                           = $3,350

The value of GDP is $3,350

6 0
3 years ago
The private security industry is _____ larger than the public policing sector in the united states.
viktelen [127]
The private security industry is three times larger.
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4 years ago
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EleoNora [17]

Answer:

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Explanation:

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lys-0071 [83]
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7 0
3 years ago
Do you attend church at christmas? well in one of these countries it was technically a legal requirement to do so until 1969. do
yarga [219]
Christmas day was viewed differently by various country around the world. For example in the united kingdom a law often quoted regarding Christmas is holy days and fasting days acts of 1551 which stated that everyone must attend church on Christmas day without using any means of transport and therefore people would walk to church. However the law was repealed in 1969. Hence, the correct answer is Great Britain.
8 0
3 years ago
Read 2 more answers
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