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Evgen [1.6K]
3 years ago
8

Marginal costs exist because: A. the decision to engage in one activity means forgoing some other activity. B. wants are scarce

relative to resources. C. households and businesses make rational decisions. D. most decisions do not involve sacrifices or tradeoffs. Review
Business
1 answer:
MatroZZZ [7]3 years ago
4 0

Answer:

A. the decision to engage in one activity means forgoing some other activity

Explanation:

The marginal cost is the cost associated with producing an extra unit of output. It is  the differnece in total cost at output k and output k+1

The reason behind cost are that using the input (labor, capital and material) to produce a certain good made them unable to use in other activities.

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Globalization has led to: Group of answer choices lower operational efficiency, as firms must transport raw materials and finish
jekas [21]

Answer: Option D

Explanation: Globalization refers to the free interaction among different countries of the world. Globalization results in free transfer of resources and technology around the world.

Due to globalization  a consumer of India can enjoy a product or service provided by a supplier of america. Thus, the competition increases to its best because off globalization. Therefore, the consumers are willing to purchase the best product in the market. resulting in increase in quality and decrease in cost.

Hence from the above we can conclude that the correct option is D.

4 0
3 years ago
You are buying a home for $360,000. If you make a down payment of $60,000 and take out a mortgage on the rest at 8.5% compounded
MatroZZZ [7]

Answer:

$2954.22

Explanation:

We are given a present value of $360000 which needs to be paid in the future for the mortgage of a house therefore we are further told that $60000 of down payment has been made so now we are required to pay $300000 as monthly installments for the next 15 years so this is a present value annuity problem as we will have future regular periodic payments that for a house mortgage so firstly to interpret this information properly we will use the present value annuity to find the monthly payments which the formula is as follows:

Pv = Cx[(1 -(1+i)^-n)/i]  

where C is the periodic payment we are looking for.

Pv is the present value for the home which is $300000 as a down payment of $60000 was made.

i is the interest rate which is 8.5%/12 as we are told it is compounded monthly.

n is the number of periods the in which the mortgage payments are made which is 15 years X 12 months =180 payments.

now we will substitute in the above mentioned formula :

$300000 = Cx[(1-(1+8.5%/12)^-180)/(8.5%/12)] now we will divide both sides with what multiplies C in brackets to solve for C

$300000/[(1-(1+8.5%/12)^-180)/(8.5%/12)] = C

$2954.218674 = C now we round off to two decimal places

C= $2954.22 which will be the monthly payment for this mortgage for 15 years every month.

6 0
3 years ago
_____ is the marketing of goods and services to individuals and organizations for purposes other than personal consumption.
azamat

Answer:

C) Business marketing

Explanation:

There are two major types of business transactions: business to business (B2B) and business to consumers (B2C).

When a company engages in B2B transactions, they are selling their products or services to another business or individual that will resell them to individual consumers. For example, Nike sells shoes to Foot Locker, and then Foot Locker resells them to final consumers.

Businesses engaged in B2B transactions use specific marketing strategies aimed at their wholesale clients which usually vary from marketing strategies aimed at final consumers, e.g. offer discounts for buying in bulk.

3 0
4 years ago
Read 2 more answers
the word "_____" concerns the laying down of policies. and this is done at the top level, a.administration, b.group, c.aim, d.un
Makovka662 [10]

unit

is the answer i think

4 0
3 years ago
A voucher is an internal document or file: Multiple Choice Used to prepare a bank reconciliation. Used as a substitute for an in
liubo4ka [24]

Voucher is used as a substitute for an invoice if the supplier fails to send one and to collect information needed to control cash payments and to ensure that transactions are properly recorded.

<h3>What is Voucher?</h3>

Voucher is a type of document used by a company, firm, organization or industry. It is used to record cash or money to be paid.

Different department in an organization also use it and it is important for backup.

Therefore, a Voucher is used as a substitute for an invoice if the supplier fails to send one and to collect information needed to control cash payments and to ensure that transactions are properly recorded

Learn more on voucher bills here,

brainly.com/question/25123245

8 0
2 years ago
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