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jek_recluse [69]
3 years ago
5

When a firm produces one unit, the variable cost is $3. When the firm produces two units, the variable cost is $6. What is the m

arginal cost associated with two units of production? A) $0.5 B) $2 C) $6 D) $3
Business
1 answer:
tresset_1 [31]3 years ago
8 0

Answer:

Option (D) is correct.

Explanation:

Given that,

Variable cost of one unit = $3

Variable cost of two units = $6

Marginal cost refers to the cost of producing an additional unit of an output and it is added to the total cost of production.

Therefore,

Marginal cost:

= Variable cost of two units - Variable cost of one unit

= $6 - $3

= $3

Hence, the marginal cost associated with two units of production is $3.

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The correct answer is option A.

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3 years ago
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3 years ago
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In mass service and professional service, the operations manager should focus extensively on equipment maintenance.

<h3>What is the work of operations manager?</h3>

Operations management is a branch of management that focuses on planning, organizing, and redesigning the production process for goods or services as well as business operations. It comprises the obligation to make sure that business operations are effective in satisfying consumer needs while utilizing the fewest resources possible.

It is concerned with overseeing a comprehensive service or production system, which is the method through which inputs are transformed into outputs. Operations create services, control quality, and produce goods. Working with suppliers, customers, and technology are all aspects of operation management that apply to industries such as financial systems, hospitals, and businesses. One of the key roles in a corporation, along with supply chains, marketing, finance, and human resources, is operations.

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4 0
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6 0
3 years ago
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