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Anestetic [448]
3 years ago
12

Suppose you are spending two hours a day studying economics, and your grade is 85 percent. You want a higher grade and decide to

study for one extra hour a day. As a result, your grade rises to 90 percent. Your marginal benefit of the hour studying is
Business
1 answer:
il63 [147K]3 years ago
5 0

Answer:

a 5 percent increase in your grade.

Explanation:

Marginal benefit refers to the additional benefit or utility obtained from consuming one extra unit of a product or service, or doing one extra unit of some type of activity.

For example, the marginal benefit of working out at least 30 minutes per day is that you body will be in better shape and you will be healthier. The marginal benefit of buying one more gallon of gas is that you will be able to drive your car 25 more miles.

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A fixed amount of pay for working a week or a month is a(n) ___ .
laila [671]

Answer: it is called a salary

Explanation:

5 0
3 years ago
Read 2 more answers
Which of the following statements regarding the staffing budget is true? a.The staffing budget is based on the desired profit le
Valentin [98]

Answer:

b.The staffing budget is based on a fixed human resources budget

Explanation:

  • The staffing budget is the budget that outlines a money plan to be spent on the employees and consists of the largest investment to the organization.
  • It acts as an outline plan for the service companies each staff member corresponds to the salary for the employee in the spreadsheet on a weekly, monthly, and yearly basis.
8 0
3 years ago
Evan accidentally quoted a customer a price for new flooring that was more than $1,000 less than the actual price. His manager h
igomit [66]

The Manger Has exercised <u>Concurrent Control</u> on Evan by taking the decision to retrain him.

Explanation:

Concurrent control as the name suggest is the type of control that takes place in the Real-time or at the time the mistake occur.It is a type of a ongoing control and is a continuous process.

This type of control is used to monitor those employees who  directly interact with the customers

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4 0
3 years ago
____________ result(s) from factors such as manufacturing products in very large quantities, buying inputs in bulk, or making mo
Delicious77 [7]

The question is incomplete, it lacks option.

A) Brand loyalty

B) Demographic forces

C) Political forces

D) Brand positioning

E) Economies of scale

Answer:

Economies of scale

Explanation:

Economies of scale can be described as a reduction in cost, this occurs when companies increases the rate of their production.

Economies of scale can also be reffered to as a process whereby an organization becomes more efficient and therefore reduces the costs of their products.

Economies of scale can be greatly influenced by a large amount of capital which is made available to companies to improve their various operations.

4 0
4 years ago
Read 2 more answers
"A Pre-Approach will occur twice in the selling cycle: once when you are doing the initial research to determine if this prospec
Likurg_2 [28]

Answer:

The correct answer is b. False

Explanation:

The selling cycle is a 7 steps approach:

  • prospecting,
  • pre-approach,
  • approach,
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  • meeting objections,
  • closing the sale,
  • and follow-up.

The pre-approach only occurs once in the cycle.

5 0
3 years ago
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