Answer:
The correct answer is letter "D": benefit exceeds its marginal cost.
Explanation:
The marginal cost represents the cost of acquiring one more unit of a given good or service. It allows recognizing what is the optimum level of consumption of a given product. If the benefit obtained from acquiring that additional good or service is higher than its marginal cost, then we could say it is worth it to get it.
Answer:
These are the options for the question:
a) A + $8,000
b) $8,000 + $400
c) $8,000 - A
d) A-($8,000 + $175)
e) (A + 400) - ($175)
And this is the correct answer:
d) A-($8,000 + $175)
Explanation:
The buyer's value is the total value that a consumer obtains from a product after substracting the purchase cost, and the cost of the personal effort involved in obtaining the product.
The formula is:
Buyer's Value = Benefit Received - (Selling Price + Cost of Effort to Purchase)
If we plug the amounts into the formula we obtain the correct option:
Buyer's Value = A - ($8,000 + $175)
Answer:
I think it`s true
Explanation
Because for most bussineses before they start anything else they have make a plan of what they`re going to do.
Answer:
MPLF/MPLC; becomes steeper
Explanation:
The slope of a country's production possibility frontier with cloth measured on the horizontal and food measured on the vertical axis in the specific factors model is equal to MPLF/MPLC and it becomes steeper as more cloth is produced.
Where
- MPLC is Marginal Product of Labor for Cloth.
- MPLF is Marginal Product of Labor for Food.
Hi my dear friend,
A centrally planned economy is an economic system in which the state or government makes economic decisions rather than the these being made by the interaction between consumers and businesses. ... State-owned enterprises undertake the production of goods and services.
~Thank you