Answer:
TRUE
Explanation:
Marginal Benefit is addition to total benefit due to a business decision.
Marginal Cost is addition to total cost due to a business decision.
Marginal Benefit & Marginal Costs are determinants while considering a business decision. A decision will be taken if : Marginal Benefit ≥ Marginal Cost, as entrepreneurial decision maker would be better off or at least neutral while taking decision. If MB < MC , it is loss making for the entrepreneur to take that decision & hence is discouraged to take that.
Answer:
(i)New firms will enter the market.
(iii)In the long run, all firms will be producing at their efficient scale
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market price is set by the forces of demand and supply.
If firms are earning positive profits, in the long run new firms would enter into the industry and this woold drive positive profits to zero. As a result , firms would be operating at the efficient scale.
I hope my answer helps you
Answer:
Estimated manufacturing overhead rate= $3 per machine hour
Explanation:
Giving the following information:
Machine Hours Per Unit:
Rings= 6 (1,000 units)
Dings= 11 (2,040 units)
All of the machine hours take place in the Fabrication Department, which has an estimated total factory overhead of $85,200.
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 85,200/(6,000 + 11*2,040)= $3 per machine hour
Answer:
Hi
The effect on sperm production will depend on the type of medication the person is taking, for example, in the case of antipsychotic medications, in addition to causing involuntary tremors, they block dopamine, a chemical of brain origin that helps with regular responses emotional and controls the brain centers responsible for gratification and pleasure. Similarly, the levels of the hormone prolactin increase, which can cause erectile dysfunction, decreased libido and difficulties reaching orgasm, as well as blocking the action of acetylcholine, which can cause problems in all areas of the body sexual function.
Another type of medications that cause involuntary tremors and that can affect sperm production are statins and fibrates, these medications are likely to interfere with the production of testosterone, estrogens and other sex hormones by affecting the availability of cholesterol, an essential component for certain hormones
Explanation: