Answer:
(B). 50 cents
Explanation:
<u>Marginal cost</u><u> is the cost incurred by producing or purchasing one more unit of an item.</u>
If Jordan buys two tacos and a medium drink, it will cost him $2 and 50 cents or 250 cents (80 + 80 + 90).
However, if he opts for the value meal of three tacos and a medium drink, that costs $3 (300 cents), then he would be purchasing one additional taco at a marginal cost of 50 cent.
Marginal cost of additional unit of taco = 300 cents - 250 cents = 50 cents.
B. thats the answer i got
Answer:
B
Explanation:
The correct question
Financing that individuals or institutions have provided to a company is
A. always classified as liabilities
.B.classified as liabilities when provided by creditors and stockholders' equity when provided by owners.
C. always classified as equity.
D. classified as stockholders' equity when provided by creditors and liabilities when provided by owners
Financing that individuals or institutions have provided to a company is classified as liabilities when provided by creditors and stockholders' equity when provided by owners
.Financing can be provided by creditors, which is classified as liabilities or it can be provided by owners which is classified as stockholders' equity
Answer:
Effect on income= -$2,100
Explanation:
Giving the following information:
Contribution margin $ 98
Increase in variable cost= $5
Increase in sales= 300 units
<u>To determine the effect on income, we need to use the following formula:</u>
Effect on income= increase in contribution margin for new sales - increase in variable costs
Effect on income= 300*93 - 6,000*5
Effect on income= -$2,100
<u>Explanation:</u>
The opportunity cost is the cost that is foregone for building an airport. As the government spending is limited by investing in one plan means it has to forego the other plans. The societal decisions are affected with opportunity cost. Swaizland is a small country and the people's income are lower to afford to pay for air tickets and travel. So airport might be of less use to the country when compared to other essentials which government can spend on.
The cost of building an airport in this under developed city increases the opportunity cost. As the investment can be used towards investing in housing, industrial development, educational facilities etc.