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Y_Kistochka [10]
3 years ago
15

The additional benefit of producing one more roast beef sandwich at a local deli is $2. The additional cost of producing one mor

e roast beef sandwich is $3. To improve allocative efficiency: producers should produce at least one more roast beef sandwich because MB > MC. producers should produce at least one more roast beef sandwich because MC > MB. producers should not produce one more roast beef sandwich because MB > MC. producers should not produce one more roast beef sandwich because MC > MB.
Business
1 answer:
fenix001 [56]3 years ago
5 0

Answer:

The correct answer is: producers should not produce one more roast beef sandwich because MC > MB.

Explanation:

In the given question, the additional benefit or marginal of producing one more unit of a sandwich is $2. The marginal cost or additional cost of producing a sandwich is $3.  

To improve allocative efficiency the producers should not produce one more unit as the marginal cost incurred in the production process is higher than the marginal benefit earned.  

The most efficient level of output will be the point where marginal benefit and marginal cost are equal. As long as the marginal benefit is higher than the cost the firms should keep increasing production to maximize profit.

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Mary is filing Head of Household with a taxable income of $79,280. What is her income tax for Marks: 1 2018? Choose one answer.
antiseptic1488 [7]

Answer:

a. $11,989

Explanation:

tax rate // for income above

0.1        //  $           0

0.12        //  $   13,600

0.22       //   $  51,800

0.24      //    $ 82,500

Mary's income of $79,280 is on the third bracket as is lower than the minimum for the fourth bracket.

first bracket:

$13,600 x 10%    =                     $ 1,360

second bracket:

($51,800 - $13,600) x 12%   =    $ 4,584

third bracket

($79,280 - $51,800) x  22%   =  $ 6,045.6

total tax income: 11,989.6

8 0
3 years ago
Landon is a senior manager for the firm Anderssen Inc. Because of his experience, he has been appointed to the board of EEC Inc.
Lapatulllka [165]

Answer:

Executive Director, Non Executive Director

Explanation:

Landon is a senior manager for the firm Anderssen Inc. Because of his experience, he has been appointed to the board of EEC Inc., even though he doesn't work for this firm. He also serves on the boards of several other companies. Landon is an Executive Director for Anderssen and a Non Executive Director for EEC.

An executive director has operational responsibilities in a firm but a non executive director does not have operational responsibilities in a firm but is involved in planning and policy formation which are strategic activities.

Operational refers to the daily running of a business.

8 0
3 years ago
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A firm produces two goods q1 and q2. for economies of scope to occur, it must be true that:
Oliga [24]
For economies of scope to occur it must be true that THE COST OF PRODUCING THE TWO GOODS TOGETHER IS LESS THAN THE COST OF PRODUCING THE GOODS SEPARATELY.
The economy of scope is the proportionate savings that is gained by producing two or more different goods together, when the cost of doing so is less than that of producing each separately.
5 0
3 years ago
Why do banks retain a fractional reserve?
nevsk [136]
Because banks hold reserves in amounts that are less than the amounts of their deposit liabilities, and because the deposit liabilities are considered money in their own right, fractional-reserve banking permits the money supply to grow beyond the amount of the underlying base money.
7 0
2 years ago
what is a current or existing system that will become the base for upgrading or integrating with a new system?
AleksAgata [21]

Answer:

Legacy System.

Explanation:

Legacy system is a current or existing system that will become the base for upgrading or integrating with a new system. Legacy system is computing software which is mostly outdated but it is still in use.

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2 years ago
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