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3 years ago

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 total cost when output changes by one unit in the short run.

Explanation:

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

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

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Whitepunk [10]

Answer:

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vivado [14]

Answer would be .24, according to my "calculations"

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3 years ago

Why must the eliminating entries be entered in the consolidation worksheet each time consolidated statements are prepared?

DedPeter [7]

Answer:

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stiv31 [10]

Answer:

The correct answer is (C)

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3 years ago

Randolf, a wealthy connoisseur of arts, was invited to an art exhibition. He became very interested in one of the showcased pain

Citrus2011 [14]

Answer:

The answer is A. Mutual mistake

Explanation:

A contract is an agreement ( whether written or verbal ) between two parties that is legally binding.

A mutual mistake occur in a contract when both parties to a contract are mistaken about a material fact. It is a situation where the parties to a contract have identical misconception about a material fact in the contract.

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3 years ago

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