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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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Paul and Micheal sell magazine subscriptions by telephone. {aul is paid $1.00 for every five calls he makes, while Mike is paid$
BARSIC [14]

Paul and Micheal sell magazine subscriptions by telephone. Paul is paid $1.00 for every five calls he makes, while Mike is paid$1.00 for every subscription he sells, regardless of the number of calls he makes. Paul's telephoning is reinforced on a <u>fixed-interval</u> schedule, whereas Mike's is reinforced on a <u>variable-ratio</u> schedule.

<h3><u>What is a fixed-interval timetable?</u></h3>

The initial response is rewarded only after a predetermined period of time has passed in fixed-interval schedules. This schedule results in rapid responses near the end of the interval but slower responses right after the reinforcer are given. A fixed-interval (FI) schedule consists of two parts:

  • It calls for the passage of a certain amount of time before reinforcement will be supplied in response to a response, and
  • No response during the interval is reinforced; only the first response after the interval's completion is reinforced.
<h3><u /></h3><h3><u>What is the variable-ratio schedule?</u></h3>

A schedule of reinforcement known as a variable ratio schedule rewards a behavior after a predetermined number of responses. High, consistent response rates are the result of this type of timetable. Because they believe that the subsequent reaction might be the one they need to receive reinforcement, organisms are persistent in responding.

Learn more about the fixed-interval schedule with the help of the given link:

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5 0
2 years ago
Retained earnings: Multiple Choice Are never adjusted for anything other than net income or dividends. Represents the amount sha
kolbaska11 [484]

Answer:

Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception

Explanation:

Retained earning is the balance of a company's profit that is retained after the distribution of dividend declared to it's shareholders.

A company that makes profit at the end of a reporting period usually make dividend declaration to its shareholder. The accumulation of these declarations are then taken out of the profit earned by the company. The balance when dividends declared(since it's inception) by the company is taken out from its profit, including any net losses is known as retained earning.

5 0
3 years ago
A blind help-wanted ad is usually for door-to-door salespeople. <br> True or False
qwelly [4]
Answer: False

It seems very unlikely that a blind person would go door to door to ask for help.
8 0
3 years ago
At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $314,000 and in Allowance for Uncollectible A
Alex787 [66]

Answer:

$11,750

Explanation:

The computation of bad debt is shown below:-

Bad debt expense = Estimated allowance for uncollectible at the year end - Existing balance in allowance for uncollectible account credit balance

= ($314,000 × 4%) - $810

= $12,560 - $810

= $11,750

Therefore for computing the bad debt expenses we simply applied the above formula.

8 0
3 years ago
Walmart relies on a cost leadership strategy and tries to keep all of its expenses as low as possible. The company relies heavil
Montano1993 [528]

The actions by Walmart clearly relate to:

  • C. power and politics

<h3>What is Cost Leadership Strategy?</h3>

This refers to the business strategy of trying to gain a competitive advantage by reducing the overhead costs.

With this in mind, we are told that Walmart relies on a cost leadership strategy and they make use of low wage employees and as much automation as possible and these actions shows that Walmart is using the design of power and politics

Read more about cost leadership strategy here:
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5 0
2 years ago
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