Marginal analysis is really important for a firm. Marginal analysis helps a firm to determine the most equitable allocation of a firm’s resources.
EXPLANATION:
Marginal analysis is an assessment of additional benefits of a firm activity, compared to the additional costs which are incurred by the exact same firm’s activity. A firm or company applied marginal analysis to make a decision which helps a firm to maximize the potential profits and benefits. The example of marginal analysis is when the firm’s cost to produce one more appliance or the profit gained by adding one more worker.
In microeconomics, marginal analysis is applied to analyze how a compound system being influenced by marginal manipulation of its comprising variables. On this occasion, the marginal analysis focuses on investigating the results of small changes as the consequences cascade across the business as a whole. The goal of marginal analysis is to investigate whether the costs associated with the change in activity will affect in a benefit which is sufficient enough to offset a firm. The whole impact of marginal analysis is on the cost of producing an individual unit which is most often observed as a comparison’s point.
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1. Marginal analysis helps to? brainly.com/question/3318349
2. A command economy tends to exist under a brainly.com/question/10877298
KEYWORDS: marginal analysis, economy analysis
Subject: Business
Class: 10-12
Sub-chapter: Marginal Analysis
Answer: b. many economic activities expand and contract together in a recurring—but not periodic—fashion
Explanation:
The Business Cycle refers indeed to fluctuations in the business cycle related closely with the rise and fall in production output of goods and services in an economy.
It come with stages being Expansion, Peak, Recession, Depression, Trough, and Recovery. What is most interesting is that the movers behind the business cycle are not a singular entity but rather a series of Economic activities that are interconnected and move together. This is why some activities herald stages in the Business Cycle while some follow it. But they all have a role to play.
It is also very important to note that this is NOT a periodic occurence because it doesn't happen per period and neither can it be predicted but it happens. It is Recurrent but not periodic in other words.
This promptness in business meetings exemplifies how the perceptions of <u>time </u>differ among nations.
<h3>What is the promptness in business meetings?</h3>
Promptness in business meetings is defined as a habit or characteristic of getting to business meetings earlier than the scheduled time to avoid any delay or unforeseen circumstances.
Americans value promptness in business meetings because it shows how punctual you're and how you'll be when delivering assignments and projects.
- However, it is common in Mexico and Spain for a meeting to start thirty minutes late.
This signifies how the perception of <u>time </u>differs among nations where time is being valued differently.
Learn more about business meetings here:
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Answer:
1.00%
Explanation:
Nominal GDP increased from 15.62 to 16.09
Change in increment = 16.09-15.62
= 0.47% approximately 0.5%
Which makes it 1.00%
Answer:
The correct answer is B. The highest average values occur along the equator.
Explanation:
The spatial distribution of precipitation on the continents is very varied, thus there are extensive areas such as deserts, where rainfall is extremely scarce, of the order 0 to 200 mm of precipitation per year. In the Sahara desert, the annual average rainfall is just a few mm, while in the areas near the Gulf of Darién between Colombia and Panama, the annual rainfall is over 3,000 mm, with a maximum of about 10 meters (10,000 mm ). The Atacama desert in northern Chile is the driest area of all continents.
