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Fantom [35]
3 years ago
5

Marginal cost is defined as the change in ________ cost when output changes by one unit. In the short run

Business
2 answers:
-Dominant- [34]3 years ago
8 0

Answer:

Marginal cost is defined as the percentage change in total when output changes by one unit

Explanation:

Marginal cost is the cost of producing one extra unit of output.In order to marginal cost, the below formula is helpful:

marginal=total cost at succeeding output level-total cost at preceding output level/(volume at succeeding output level-volume at preceding output level)

Assuming the total cost and volume at succeeding levels are $4000 and 4000 units

Then total cost and volume at preceding ones are $3000 and 3000

Marginal cost=$4000-$3000/4000-3000

                    =$1

salantis [7]3 years ago
6 0

Answer:

Marginal cost is defined as the change in <u>total </u>cost when output changes by one unit in the short run.

Explanation:

<em>Marginal cost is defined as the change in total cost when output changes by one unit. In the short run.</em>

<em>It is the amount by total cost will increase as a result of producing additional one more unit of a product.</em>

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Difference between bookkeeping and accounting in table​
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2 years ago
Becca and Bob own a car rental business. Becca contributes 75 percent of the capital but does only 20 percent of the work, while
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2 years ago
A source document that an employee uses to report how much time was spent working on a job or on overhead activities and that is
Ira Lisetskai [31]

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Time ticket

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3 0
2 years ago
The relationship between the natural environment and business organizations can best be described as:_________
Marina86 [1]

The relationship between the natural environment and business organizations can best be described as <u>c. Interdependent.</u>

<h3>What is interdependence?</h3>

Interdependence describes a situation where two entities engage in exchanges for their continued sustenance.

Interdependence exists in many forms and between different organizations.

For instance, the natural environment of a business provides the resources that the organization requires for productivity and profitability.  

Similarly, the natural environment utilizes the products and services of business organizations for continued development.  Business organizations also protect the natural environment for their self-interest.

Thus, there is an interdependent relationship between the natural environment and the business organizations because one cannot exist sustainably without the other.

Learn more about the interdependence of the natural environment and business organization at brainly.com/question/23479668

#SPJ1

<h3>Question Completion with Answer Options:</h3>

a. A U-shape

b. Insignificant

c. Interdependent

d. Unconnected

6 0
1 year ago
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