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
Maslowich
3 years ago
7

When the marginal benefit of an output exceeds the marginal cost?

Business
1 answer:
Step2247 [10]3 years ago
7 0
Are there options to choice from?

Marginal benefit (MB) corresponds with the demand curve, and the marginal cost (MC) corresponds with the supply curve. The equilibrium point is where the demand curve intersects the supply curve. At this point, MB = MC, and allocative efficiency is met.

When there is allocative efficiency, there is no deadweight loss, and total market surplus is maximized. This means that consumers are paying less than the value they place on the good or service, while producers are charging more than their minimum price.

In order for allocative efficiency to be achieved, production needs to be increased. The demand curve has a negative slope, and the supply curve has a positive slope. So at some point after production is increased, MB will equal MC.





You might be interested in
How can social media endanger the safety of military service members and journalists?
viktelen [127]

Answer:

"GPS technology may accidentally leak confidential information about the location."

Explanation:

A good case in point was a watch tracking service that leaked classified GPS coordinates of our military servicemen and women's location. It jeopardized our ability to effectively operate in a foreign land without notice of occupied territory.

In this question, it places our military and journalists at risk because they know where they are at and so forth.

5 0
3 years ago
Salespeople need to possess effective trust-based sales communications skills so that they:
Olegator [25]
Hey there!

For salespeople, its all about relationships and conversations and relationships with people. If you're good friends with someone from your consuming company, you can expect to make good sales as they are acquaintances and would want to buy things from people who they can trust.

Therefore, if you can develop friendships and trust with people from the company who would buy from you, they might just accidentally or purposely let you in on secrets from their company that would maximize sales- and that's always the goal of a salesperson.

Hope this helps!
7 0
3 years ago
One year ago, you bought shares of Aaon, Inc at $36.48 a share. You received a dividend of $1.62 per share last month and sold t
Pie

Answer: 12.88%

Explanation:

The following information can.be inferred from the question:

Purchase price of share = $36.48

Dividend = $1.62

Selling price = $41.18

Capital gain = $41.18 - $36.48 = $4.70

Capital gain yield:

= Capital gain / Purchase price × 100

= (4.70 / 36.48) × 100

= 0.1288

= 12.88%

7 0
3 years ago
Which selection below is not a leadership style
EastWind [94]
Autocratic
All the other options are a type of leadership
6 0
3 years ago
_____ is the breaking down of large shipments of similar merchandise into smaller, more usable quantities that can be sold to co
Arturiano [62]

Breaking bulk is the breaking down of large shipments of similar merchandise into smaller, more usable quantities that can be sold to consumers and end users

<h3>What is breaking bulk?</h3>

Breaking bulk can be regarded as the process involving delivering single units  to retail outlets,, this is different from delivering using alot of units.

Therefore,  breaking bulk involves distribution of goods and merchandise from the distribution centers using segments rather bulk.

learn more about  breaking bulk  at :brainly.com/question/25537936

#SPJ1

3 0
2 years ago
Other questions:
  • On September 23, Reese Company received a $350 check from Mike Moluf for services to be performed in the future. The bookkeeper
    5·1 answer
  • Refer to Exhibit 9.7, which shows the cost and revenue curves for a monopolist. If the monopolist does not price discriminate am
    10·1 answer
  • Gregory is a manager in an insurance company and heads a team of 30 agents. In order to meet the company's target, every agent n
    7·2 answers
  • You deposit $200 into the stock market. Every year your stock market account increases by 12 %. You leave the money in the accou
    13·1 answer
  • In an imaginary economy, consumers buy only sandwiches and magazines. The fixed basket consists of 20 sandwiches and 30 magazine
    5·1 answer
  • When purchases of tennis socks decline following an increase in the price of tennis sneakers (other things remaining equal), the
    12·1 answer
  • Danielle, a graduate in fashion technology, always found it tough to find clothes for her as she belonged to the category of plu
    6·1 answer
  • A publishing company sells 1,250,000 copies of certain books each year. It costs the company $1 to store each book for a year. E
    12·1 answer
  • Four years ago, a popular sandwich company used to sell 12-inch roast beef subs for only $5.49, but the same product now sells a
    14·1 answer
  • The price of one necklace is the same as the price of five rings. One ring costs $320. The cost of a necklace is
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!