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aev [14]
3 years ago
8

To increase marginal return, a company might consider

Business
1 answer:
Travka [436]3 years ago
3 0

Answer:

B. purchasing more machinery.

Explanation:

Marginal return can be defined as the return rate which a firm or a business experiences when they increase the amount of variable input that is been used in that firm or organisation.

It is important to note that all other input apart from the variable input remains constant.

Examples of variable inputs that a firm or organisation can increase

a. Purchase of more machinery

b. Increasing the amount of labour in the firm.

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Answer:

Credence properties

Explanation:

Dentistry has a Credence property because it is a Service provided by medical specialized professionals. medical diagnoses and legal services have credence properties, or characteristics. A consumer may find a service with Credence property impossible to evaluate even after purchase and consumption. To reduce this uncertainty, service consumer like Sarah turns to personal sources of information like her friends during the purchase decision process

8 0
3 years ago
Somerset Computer Company has been purchasing carrying cases for its portable computers at a purchase price of $24 per unit. The
blsea [12.9K]

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Variable factory overhead = 3.00

Fixed factory overhead = 1.80

Explanation:

See the table in the attached image

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The accounts receivable aging report:
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Answer:

A. includes a chronological summary of all transactions posted to individual patient ledgers/accounts on a specific day

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2 years ago
Explain what happens when markets do not have enough competition.
MatroZZZ [7]

Answer:

The price will be higher and output lower in absence of competition.

Explanation:

When the market does not have enough competition, it provides a certain degree of market power to the existing producers. They are able to regulate prices and output.  

It is likely that the suppliers will provide a fewer quantities of goods at a higher price, in order to maximize their profits. The socially optimal level of output will not be produced in the market.  

The resources will not be efficiently allocated and deadweight loss will exist.

3 0
3 years ago
Coffee and tea are substitutes for consumers. An increase in the price of coffee coupled with an increase in the number of tea g
hammer [34]

Answer:

Explanation:

As the coffee prices are relative higher than what it actually ends up paying, person will pay above their face value to obtain. Same will apply  the same idea for that concept.

As tea is also icnreases we will pushed there.

In the long term we should review how this is done as usually end up here and allone

Therefore the compete sentences will be:

An increase in the price of coffee coupled with an increase in the number of tea growers the lower adverzare will occur within a year Also, we could check for it at 12.600

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