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GaryK [48]
3 years ago
6

A rational decision maker takes an action only if the a. marginal benefit is greater than both the average cost and the marginal

cost. b. marginal benefit is greater than the marginal cost. c. marginal benefit is less than the marginal cost. d. average benefit is greater than the average cost.
Business
1 answer:
yarga [219]3 years ago
8 0

Answer:

a. marginal benefit is greater than both the average cost and the marginal cost.

Explanation:

Marginal cost is the cost of any action taken and average cost is the average of all the costs associated with the action under consideration. Marginal benefit is the benefit of each action undertaken. A rational approach is to take an action when marginal cost and average cost will be lower than the marginal benefit. You should consider the net Marginal benefit of an action before taking decision.

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What is the relative atomic mass of a hypothetical element that consists of the following isotopes in the indicated natural abun
atroni [7]

Answer:

96.1amu

Explanation:

Given isotopes : 94.9amu with 12.4%, 95.9 amu with 73.6% and 97.9 amu with 14% natural abundances.

Taking the average weight of the isotopes as follows

(94.9x0.124) + (95.9 x 0.736) + (97.9x0.14) = 96.1amu

3 0
3 years ago
Madeline has developed a product that can help people with diabetes better control their blood sugar by helping them to manage t
miv72 [106K]

Answer:

life stage would be the best for 5his type of product

6 0
3 years ago
If you spend $250,000 on a new car and it
Rasek [7]
It will be worth $105468.75.

If it depreciates 25% each year, that means 75% of the value remains.

The value of the third year is $140,625.

$140,625(.75) = $105,468.75.


You could also find 25% of $140,625 and subtract it.

$140,624(.25) = $35,156.25
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Either way the car would be worth $105,468.75 in year four!
3 0
3 years ago
If the bidders at a first-price auction have true values of $78, $72, $66, and $65, the item will sell for a. ​$78 b. ​$72 c. ​j
Diano4ka-milaya [45]

Answer:

a. ​$78

Explanation:

In a first-price auction, all bidders simultaneously submit sealed bids, with that approach, no bidder knows the bid of any other participant and then the bidder with the highest bid purchases the item for the specified amount. If the highest value is $78, the item will sell for exactly $78.

7 0
4 years ago
In the production of televisions, the marginal rate of technical substitution of hours of labor for hours of capital is 0.8, and
Slav-nsk [51]

Answer:

Option (c) 8

Explanation:

Data provided in the question:

Marginal rate of technical substitution of hours of labor for hours of capital, RTS = 0.8

Number of units of labor chosen = 5

Number of units of capital chosen = 8

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Now,

RTS = [ Marginal product of labor ] ÷ [ Marginal product of capital  ]

0.8 = Marginal product of labor ÷ 10

or

Marginal product of labor = 8

Hence,

Option (c) 8

3 0
4 years ago
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