Answer:
Social Marginal Benefit = 10000
Net Social Marginal Benefit = 0
Explanation:
For Public Goods, Marginal benefit to each consumer is reflected within their willingness to pay for the public good.
Marginal Benefit (Willingness to pay) = 100 for 100 people, 0 for 150 people
So, Marginal Benefit = (100) (100) + (150) (0)
= 10,000
Marginal Cost of the public good space = 10000 [Given]
Net Social Marginal Benefit = Marginal Benefit - Marginal Cost
= 10,000 - 10,000
= 0
Answer:
A. Cuba
Explanation: Command economy , simply means planned economy
Some other countries with command economies are;
Answer:
Effect on income= $439,000 increase
Explanation:
Giving the following information:
Variable costs per unit:
Manufacturing= 62
The fixed manufacturing costs increase by $100,000 for every 500 units produced beyond the maximum capacity of the plant.
Special offer: 5,500 units for $160
<u>To determine the effect on income, we will consider the contribution margin and incremental fixed costs.</u>
<u></u>
Effect on income= 5,500*(160 - 62) - 100,000
Effect on income= $439,000 increase
Answer:
Strategic plan.
Explanation:
A strategic plan is a document that establishes the direction of an organization. It can be a single page or fill up a binder, depending on the size and complexity of the business and work. Most managers can benefit from having a strategic plan.
If it based on the gross income alone, Exxon/mobil rake in as much the nation of THAILAND made in a year.
Exxon operation could be that big because its operation probably had a really deep root onto several African nations that has a lot of oil resources, such as Chad,Nigeria, and Cameroon.
