In the field of economics, the additional cost associated with one more unit of something is called a(n) marginal cost.
This is further explained below.
<h3>What is
marginal cost.?</h3>
Generally, The change in the overall cost that occurs as a result of an increase in the amount produced is referred to as the marginal cost.
This is also referred to as the cost of producing an extra quantity.
In conclusion, In the study of economics, the term "marginal cost" refers to the extra expense incurred by producing one more unit of a certain product or service.
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Selena receives $43,300 from Douglas for her 30% stake in a partnership with $127,900 in net assets. After this transaction, the capital account of Douglas should have a account balance of $38,370.
Douglas's Capital account balance
= Net assets x30%
= $127,900 x 30%
= $31,875
Therefore, Douglas's capital account should have a credit balance of $38,370
A financial repository's account balance represents the amount of money there is at the end of the current accounting period. It is the sum net assets of the balance carried over from the previous month and the net difference between the credits and debits that have been recorded during any given accounting cycle.
The amount due or the net debt may be shown in an account balance. The former is frequently depicted in financial accounts that include net assets recurring bills, like those for utilities or gym memberships. The latter, on the other hand, is reflected in accounts with negative cash balances, such as bank overdrafts.
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Answer:
16.7
Explanation:
Calculation for What is the variance of returns of the portfolio
First step is to calculate the mean
Mean = (20% + 25% + 30%) / 3
Mean =75% / 3
Mean = 25%
Now let calculate the variance of returns of the portfolio
Portfolio variance of returns = {(20 − 25)^2 + (25 − 25)^2 + (30 − 25)^2} / 3
Portfolio variance of returns=25+0+25/3
Portfolio variance of returns=50/3
Portfolio variance of returns= 16.7
Therefore the variance of returns of the portfolio will be 16.7
Answer:
other countries have a comparative advantage over Guatemala in the production of coffee, and Guatemala will import coffee.
Explanation:
This question is incomplete. Please check the attached image for a complete question.
A country has comparative advantage in the production of a good or service If it produces the good or service at a lower opportunity cost when compared to its trading partners.
The price of Guatemala's coffee is higher when compared to the world price of coffee without international trade. It shows that Guatemala doesn't have a comparative advantage in the production of coffee. Guatemala should stop producing coffee and import instead. This would enable Guatemala focus more resocurces on the production of good for which it has comparative advantage.
I hope my answer helps you
Answer:
Annual depreciation= $8,760
Explanation:
Giving the following information:
Avalon Industries buys equipment for $50,000, expects to use it for Five years, and then sell it for $6,200.
We need to use the following formula:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (50,000 - 6,200)/5= $8,760
