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
Dominik [7]
2 years ago
10

The additional benefit of producing one more roast beef sandwich at a local deli is $2. The additional cost of producing one mor

e roast beef sandwich is $3. To improve allocative efficiency:
A. producers should produce at least one more roast beef sandwich because MB > MC.
B. producers should produce at least one more roast beef sandwich because MC > MB.
C. producers should not produce one more roast beef sandwich because MB > MC.
D. producers should not produce one more roast beef sandwich because MC > MB.
Business
1 answer:
aivan3 [116]2 years ago
4 0

Answer:

The correct answer is D) "producers should not produce one more roast beef sandwich because MC > MB"

Explanation:

Marginal cost (MC) is the additional cost that you provoke when you add an extra unit of goods or services to your company.

Marginal benefit (MB) is the additional benefit that you receive when you add an extra unit of goods or services to your company.

When:

MC > MB (producers shouldn't produce an additional good or service)

MC < MB (Producers should produce an additional good or service)

You might be interested in
A balance is _____.
Serggg [28]

Answer:

money you pay banks

Explanation:

8 0
3 years ago
Parido Corporation has two manufacturing departments--Casting and Assembly. The company used the following data at the beginning
Ivan

Answer:

Allocated MOH= $26,372

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Total fixed overhead= 48,200

Total variable overhead= (1.9*8,000) + (3*2,000)= $21,200

Predetermined manufacturing overhead rate= (48,200 + 21,200) / 10,000

Predetermined manufacturing overhead rate= $6.94 per machine hour

<u>Now, we can allocate overhead to Job H:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 6.94*(2,600 + 1,200)

Allocated MOH= $26,372

8 0
3 years ago
Holly Lane is an accountant with Mildred​ &amp; Lane Co. and she has recently been asked to visit Maine Manufacturers to survey
nevsk [136]

Answer: <u><em>Audit</em></u>

Explanation: In this case the evaluation of financial records of the corporation(Maine Manufacturer) done by Holly lane is known​ an <u><em>audit.</em></u>

Audit is a methodical and autonomous process under which one examines  statutory records(i.e  books, accounts,documents and vouchers) of an institution and also appraise their acquiescence with laws, and provide an assessment  reflecting the expound of organization's financial records.

Therefore, the correct option is (b)

3 0
3 years ago
A purely competitive firm finds that the market price for its product is $30.00. It has a fixed cost of $100.00 and a variable c
Alinara [238K]

Answer:

Yes $30 agsinst $19.50

The variable cost for the first 50 untis is $17.50

Yes $30 against $27.25

average variable cost for the first 100 units $26.25

Marginal cost for the first 50 units: 17.50 which is lower than marginal revenue

from 51 units and subsequent untis: 35 which is higher than marginal revenue

It will produce 50 units achieving $525 of profit

Explanation:

$100 fixed cost /50 units + 17.50 = 19.50 average cost

selling price: $30

100 fixed cost + 17.50 x 50 + 35 x 50 = 2725

total cost 2,725 / 100 units = 27.25 unit average cost

selling price $30

($17.50 x 50 + $35 x 50)/100 = 26.25

After the 50untis our profit will decrease as the marginal revenue is lower than marginal cost thus, we stuop production at the 50 units:

50 x 30 - 100 fixed cost - 17.50 x 50 variable cost = 525 profit

4 0
3 years ago
What is the future value of your money?
KonstantinChe [14]
Dollar for dollar. have to make the dollar go far.
8 0
3 years ago
Other questions:
  • Eurodollars are _________. A. dollar denominated deposits at any foreign bank or foreign branch of an American bank B. dollar de
    5·1 answer
  • Pina Colada Corp. lends Sheffield industries $56400 on August 1, 2022, accepting a 9-month, 6% interest note. If Pina Colada Cor
    11·1 answer
  • 1. Define stake holder<br>2. Explain internal and external stakeholder.​
    15·2 answers
  • Your company has recently requested that you travel to Dhaka, Bangladesh, to work on negotiations for a new factory to be locate
    11·1 answer
  • Why might the current and quick ratios for the electric utility and the​ fast-food stock be so much lower than the same ratios f
    15·1 answer
  • In conducting their research, economists face an obstacle that not all scientists face; specifically, in economics, it is often
    15·1 answer
  • Lloyd Inc. had sales of $200,000, a net income of //415,000, and the following balance sheet: Cash $10,000 Accounts Payable $30,
    11·1 answer
  • A stock has a correlation with the market of 0.49. The standard deviation of the market is 25%, and the standard deviation of th
    15·1 answer
  • nflation, recession, and high interest rates are economic events that are best characterized as being A.factors associated with
    5·1 answer
  • Jillian has just started her first job with a $45,000 salary at a company with a 401(k) plan that has a 100% match up to 3% gros
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!