Answer:
a. The cost of producing additional unit of output
Explanation:
Marginal cost refers to the extra cost incurred to produce additional unit of output or service.
Often times production or manufacturing companies tends to produce more units of outputs maybe to meet recurrent demand. The cost expended in the production of such extra units of output is called marginal cost. It is computed as change in the cost of producing additional goods divided by change in the number of goods produced.
Answer:
Correct option is Sport car
Explanation:
Sports car will have a more elastic demand compared with the chemotherapy treatment for cancer patients.
The price elasticity of demand for a goods is also dependent on how you define the goods.
Answer:
A decision under uncertainty is a decisional problem.
Answer:
i=4.84%
Explanation:
the key to answer this question, is to remember the model of return for a perpeuity dividend calculation:
where value is the current stock price, i is the dividend yield and k is the growth rate, so applying to this particular case we have
k=3.4/91
k=3.74%
and solving i for the previous formula:
The auditor's count of the client's cash should be coordinated to coincide with the ''count of investment securities'' since both mean counting/managing money.
