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allsm [11]
3 years ago
14

The marginal benefit Bob gets from purchasing a third pair of gloves is Select one:_____.

Business
1 answer:
babymother [125]3 years ago
6 0

Answer:

d. the total benefit he gets from purchasing four pairs of gloves minus the total benefit he gets from purchasing three pairs of gloves.

Explanation:

Marginal benefits refer to the additional gains obtained by the sales, purchase, or manufacture of an extra unit. It the advantage associated with buying or selling one more unit. Marginal benefit is compared with the marginal cost to determine if continuous production is profitable.

Since marginal benefits are associated with an extra item, obtaining the value of the additional items must exclude the previous units. In this case, getting the marginal benefit of the fourth item can be calculated by adding up the gains of all the four gloves then subtracting the gains of the first three.

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An organizational chart of a company shows vice presidents with responsibility for key areas such as design, manufacturing, sale
Romashka-Z-Leto [24]

Answer: Functional

Explanation: The functional structure of an organisational chart places people with similar skills who perform similar activities in a group under a common manager who answers to an executive a level up in the hierarchy who may oversee multiple departments. Therefore, an organizational chart of a company showing vice presidents with responsibility for key areas such as design, manufacturing, sales, marketing, and after-sales support would reflect a functional structure.

An advantage of the functional structure is that employees are allowed to focus their collective energies on executing their roles as a department but sometimes they might develop tunnel vision (seeing the company solely through the lens of the employee’s job function) and often at times there is a lack of inter-departmental communication.

6 0
3 years ago
Factors leading to the slow growth of demand in embryonic industries include all of the following except the
wolverine [178]

Answer:

C) lack of venture capital for innovative products.

Explanation:

Embryonic industries are such industries that are at the beginning stage in their life-cycle. More specifically, newly established ventures are called the embryonic industry or firm.

Options A, B, D, and E all are wrong because a new firm may not produce high qualified first products. It may not have the right complementary products, the production cost may be higher than expected, and finally, there are a few distribution points. Those lead to the slow growth of the embryonic industry.

Option C is the answer because venture capitalists like to invest in innovative products, so there should not be a lack of capital.

4 0
2 years ago
The entity that collects economic data at a regional level is the:___________
Scorpion4ik [409]

Answer:

<u>the World Bank</u>

<u>Explanation:</u>

The <u>World Bank</u> is an international financial institution that monitors the financial activities of most countries. Regional economic data collection is done by means of a World Bank initiative called the International Comparison Program.

An example of this economic data collected is the gross domestic product (GDP) of the regions.  

6 0
2 years ago
If a transformational leader is supposed to be so smart and visionary, why would he or she emphasize empowerment in his or her l
love history [14]

Explanation:

A transformational leader is the one that identifies where changes are needed and guide this change by motivating and inspiring the group, <em>changing expectations and perceptions in order to achieve a common goal, this common goal is the reason why they enphasize empowerment.</em>

I hope you find this information useful and interesting! Good luck!

6 0
3 years ago
What is the importance of linear model communication​
bija089 [108]

Answer:

The linear communication model explains the process of one-way communication, whereby a sender transmits a message and a receiver absorbs it. It's a straightforward communication model that's used across businesses to assist with customer communication-driven activities such as marketing, sales and PR.

Explanation:

4 0
2 years ago
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