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3 years ago

When people use their resources so that marginal benefits exceed marginal costs they

Business

1 answer:

Archy [21]3 years ago

6 0

Answer: A. make rational economic decisions.

Explanation:

The marginal benefits refer to the maximum payment that a consumer will make for an additional good or service.

Marginal cost is the additional cost involved in manufacturing a product with an additional service, due to the additional manufacturing of the product.

These two measures determine how the value of a product should change; if the price increases or decreases due to marginal benefit or marginal cost.

For example, <em>when buying one unit of a product the cost is usually higher than when buying multiple units. Likewise, when a product is purchased that has exclusive use or whose unit creation is high, the cost of the product will also be high due to its marginal benefit.</em>

<em>I hope this information can help you.</em>

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Match the following statements to the appropriate terms.

steposvetlana [31]

Answer:

Production Cost Report;Cost Reconciliation schedule,Equivalent units of Production;Unit Production Costs;Physical Units

Explanation:

Production Cost Report:A summary of both production quantity and cost data for a production department.

Cost Reconciliation schedule:Shows that the total costs accounted for equal the total costs to be accounted for.

Equivalent units of Production:Work done during a period expressed in fully completed units.

Unit Production Costs: Costs expressed in terms of equivalent units of production.

Physical Units:Actual units to be accounted for during a period, irrespective of any work performed.

Total Units Accounted for:Units transferred out during the period plus units in ending work in process.

Total manufacturing cost per unit:Unit materials costs plus unit conversion costs.

Units Transferred out:Total units accounted for minus units in ending work in process.

7 0

3 years ago

A company received $11,000 cash in exchange for 200 shares of the company’s common stock. What would the effect of this transact

MAVERICK [17]

Answer:

B. $11,000 increase in Assets; No effect on Liabilities; $11,000 increase in Stockholders’ Equity

Explanation:

As the company received cash in exchange for the common stock. So, it affect the accounting equation which is shown below:

Total Assets = Total liabilities + Total stockholder equity

The journal entry is shown below for better understanding:

Cash A/c Dr XXXXX

To Common stock XXXXX

To Additional Paid-in capital - in excess of par XXXXX

(Being cash is received)

So, it would not impact the total liabilities

7 0

3 years ago

If the economy is initially at long-run equilibrium and aggregate demand declines, then in the long run the price level

torisob [31]

Answer:

(D) is the same and output is lower than in the original long-run equilibrium.

Explanation:

In the long term the prices are flexible. They adapt to the new situation of a decrease in the demand. This is consistent with with a lower output, consecuences of the decreasing in the demand.

7 0

3 years ago

The initial price for a stadium is $800,000,000. There will be a 2% adjustment to the price, and $85,000,000 of revenue from the

tekilochka [14]

Answer:

NPV = $246764705.88

Explanation:

The net present value of the stadium can be calculated by deducting the present value of cash outflow from the present value of cash inflow.

DATA

Initial price = $800,000,000

Revenue from sale of previous equipment = $85,000,000

Goverment provided fund to discount the price = $300,000,000

Discount factor for year 1 at 2% = 0.9804

Future Cash inflow = $675,000,000

Solution

NPV = Present value of cash inflows - Present value of cash outflows

NPV = $661,764,705.88 - $415,000,000

NPV = $246,764,706

Working

PV of Cash inflow = $675,000,000 x 0.9804

PV of cash inflow = $661,764,706

PV of Cash outflow = Initial price - Revenue form sale - Goverment fund

PV of cash outflow = $800,000,000 - $85,000,000 - $300,000,000

PV of cash outflow = $415,000,000

8 0

4 years ago

With 34,000 restaurants worldwide and a daily customer count of 69 million people, mcdonald's manages its product mix to generat

lidiya [134]

Oml so much to read ...

4 0

3 years ago