1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dedylja [7]
3 years ago
6

Which is the difference between marginal cost and marginal revenue

Business
1 answer:
Vinil7 [7]3 years ago
4 0

Plsss hit as brainliest

You might be interested in
At the annual meeting of the board of directors of LabZaws Co., James Wilson, the CEO of the company, was directed to focus prim
ahrayia [7]

James Wilson could  achieve this objective by focusing on both cost reduction and revenue enhancement

What is Cost reduction?

Cost reduction is the procedure of lowering a business's expenses in order to increase profits. It entails locating and eliminating expenses that don't benefit customers in any way, as well as streamlining operations to increase productivity.

What is revenue enhancement?

The objective of any successful revenue enhancement strategy is to build and improve on current payment levels and then recover arrear debt. As indicated, this document seeks to identify causes for non-payment and to develop a strategy to address those challenges.

Learn more about Cost reduction and revenue enhancement here:

brainly.com/question/25995911

#SPJ4

4 0
2 years ago
Your apartment gets robbed, and $1,560 worth of your belongings are gone. You have renter's insurance to cover the loss, but you
Rom4ik [11]
1060 dollars that how much you will have to pay
5 0
3 years ago
If total deposits in bank A total $15 million and the required-reserve ratio is 10 percent, than excess reserves equal:_______
victus00 [196]

Answer:

$13.5 million  

Explanation:

Fractional Banking System- This is banking system where banks are required by the central banking authority to keep a certain percentage of their total deposit as the minimum reserve which they cannot lend out.

The idea behind this requirement is to help manage liquidity risk- a situation where a bank does not have enough cash to meet its deposit customers demand.

Required-reserve ratio: The minimum percentage that banks are required to keep as reserve is known as the required-reserve ratio. In this question, it is given as 10%. Multiply this ratio by the total deposit and you will get the required reserve in dollar amount.

Therefore the required reserve for this bank = 10% ×$15 million= $1.5 million

Excess reserve; Excess reserve is the balance of the total deposit over and above the required reserve. The bank can lend and create loan asset from this balance.

It is calculated as = Total deposit - Required reserve

So we apply this to our question

        Excess reserve = $15 million - (10% × $15 million)

                               = $15 million - $1.5 million

                              = $13.5 million

7 0
3 years ago
At first Rohan thought it was a good idea to offer a car repair pick-up service at his auto repair shop, but then he realized th
mestny [16]

Answer: The R part which stands for RARENESS/RARITY.

Explanation: The VRIO analysis is an acronym for Value, Rareness, Imitability, Organization.

This analysis is used in the evaluation of a business resources and factors that places it above their competition.

The rareness/rarity begs to question if the resource used in business are in the hands of a few.

In this question, Rohan was looking to expand his business by adding a pick-up service but by asking the rareness question, he discovered that the competitive advantage is in the hands of another business Tow-It-Now Inc.

7 0
3 years ago
An owner of a corporation is known as a ___________ Group of answer choices limited partner general partner director stockholder
inessss [21]

Answer:

Stockholder.

Explanation:

A corporation can be defined as a corporate organization that has facilities and owns or controls assets used for the production of goods and services in at least one country other than its headquarter (home office) located in its home country.

This ultimately implies that, a corporation is a corporate organization that owns or controls its business in two or more countries.

Some examples of multinational firms are Ap-ple, Volkswagen, G-oogle, Shoprite, Nestlé, Accenture, Shell BP, Chevron etc.

Hence, an owner of a corporation is known as a stockholder.

5 0
3 years ago
Other questions:
  • 1st attempt Jung is willing to pay $85 for a new jacket that sells for $70. Eddie is willing to pay $65 for that same acket. Wha
    12·1 answer
  • For a perfectly competitive​ firm, the price of its good is equal to the​ firm's marginal revenue because
    10·1 answer
  • The economy of Estonia has been successful due to a large amount of
    7·2 answers
  • According to the Fisher Effect, the expected rate of inflation does not influence the:________.
    6·1 answer
  • John would like to save $1,500,000 by the time he retires in 30 years and believes he can earn an annual return of 8%. How much
    6·1 answer
  • Tuition of ​$ will be due when the spring term begins in months. What amount should a student deposit​ today, at ​%, to have eno
    12·1 answer
  • Blake Edwards has done some research and has discovered that economists believe interest rates will rise significantly over the
    15·1 answer
  • I need help!!
    11·1 answer
  • EvenFlo Pipes forecasts a small increase in sales next year. To achieve this growth in sales, however, the firm must purchase an
    9·1 answer
  • HELP QUICK PLEASE!!!!! William is not generally a risk-taker, but he knows he may need to step out of his comfort zone to make e
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!