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
natka813 [3]
2 years ago
11

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

Business
1 answer:
Archy [21]2 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>

You might be interested in
Kentucky Corporation uses a process-cost accounting system. The company adds direct materials at the start of its production pro
saul85 [17]

Answer:

The following sets of percentages would be used to calculate the correct number of equivalent units in the ending work-in-process inventory:

D. Materials, 100%; conversion cost, 60%.

Explanation:

<em>The above is actually the best option which would be used to calculate the correct number of equivalent units in the ending work-in-process inventory.</em>

8 0
2 years ago
Under the gold standard of currency exchange that existed from 1879 to 1914, an ounce of gold cost $20.67 in U.S. dollars and £4
Bogdan [553]

Answer:

B. £0.2055/$

Explanation:

Given that

An Ounce of gold cost = $20.67 in US dollars

An ounce of gold cost = £4.2474 in British pounds.

Therefore,

Exchange rate per 1 dollar

= 4.2474 ÷ 20.67

= 0.20548

= 0.2055.

This means that 1 dollar is equivalent to 0.2055 British dollars at that time using that exchange rate.

£0.2055/$

6 0
2 years ago
The primary goal of managerial accounting is to provide information to A. internal decisionminusmakers. B. creditors. C. shareho
mylen [45]

Answer:

A. internal decision makers

Explanation:

Managerial accounting is a form of accounting the identification, analysis and interpretation of an entity's information for the pursuance of its set goals and objective by internal users such as Managers.

The information presented by managerial accounting is used by management in making key business decisions.

Elements of managerial accounting includes budgeting and forecasting which differs from financial accounting uses historical data and is meant majorly for external users such as creditors and shareholders.

Hence the primary goal of managerial accounting is to provide information to internal decision makers.

4 0
3 years ago
Juanita has noticed that the price of bagels has gone up. Because of this, she has decided to buy a less expensive yogurt every
Monica [59]
I would say c, substitution effect as she is substituting a more expensive yogurt for a less expensive yogurt.
7 0
2 years ago
Suppose you are a manager for a multinational company that produces a variety of beauty products. Heartland Company was founded
Vitek1552 [10]

Answer:

a. Partnership

Explanation:

Brazil is a market that can be tricky if exporting is used. Botanico is struggling at 2nd position with only 20% share but are efficient in manufacturing and distribution which can be utilized by Heartland. Heartland is known as trend setter which is something Botanica lacks currently to woo the young women and girls into buying their products A partnership would simply result that competitive edges of both the parties can be employed together to win over the market.

5 0
3 years ago
Other questions:
  • Imagine a company that sells hammers charges customers $10 for each hammer. To make the hammer the company spends $7 on input co
    8·1 answer
  • At the ____ meeting with the project team at the end of the project, the project manager should lead a discussion of what happen
    5·1 answer
  • Which of the following items are included in official U.S. GDP statistics? Instructions: In order to receive full credit, you mu
    8·1 answer
  • Assume the following data concerning a purchase of merchandise by Icon Co. on April 2:
    11·1 answer
  • Which of the following is chracterstics of flow manufacturing​
    12·1 answer
  • When the tasks and authority associated with various positions in the organization are clearly specified, it creates a scenario
    7·2 answers
  • Which of the following best describes the goal of the firm?A) Maximizing the firm's profits.B) Maximizing the value of the firm'
    15·2 answers
  • Suppose you invested in the Ishares High Yield Fund​ (HYG) a month ago. It paid a dividend of today and then you sold it for . W
    9·1 answer
  • 1. Match the following terms with the options given in below:
    11·1 answer
  • You are at a trading card convention, and observe that for a certain card, a dealer is willing to buy the card for $100, and sel
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!