All categories

3 years ago

Producers must understand the marginal benefit of making an additional unit. True or False

Business

2 answers:

erastovalidia [21]3 years ago

8 0

Answer:

True

Explanation:

Benefit on manufacturing of each extra unit is known as marginal benefit. It is very important for a producer to understand the marginal benefit. If each Unit produced does not make a benefit for the producer its production should not continue. Compare the Marginal benefit with marginal cost to calculate net marginal benefit.

Dmitriy789 [7]3 years ago

6 0

Answer:

The answer is true.

Explanation:

Marginal benefit is related with the benefit of extra unit produced rather than looking at the overall production. This is important, as after a certain level of production, even though the overall benefit from the production increase, the marginal benefit might decrease.

Based on such observations, producers can make plans on what to produce and what should not be produced.

You might be interested in

The Walt Disney Company is world renowned for its destination resorts and theme parks. The company prides itself on providing th

rodikova [14]

Answer:

Those repairing the rides.

Explanation:

The Walt Disney Company uses a strategy to create a complete experience when visiting its destination resorts and theme parks. Disney's goal is to create a magical world, where it can win people over by the enchantment of its characters and shows.

For this strategy to be effective, there is a very adequate training of its employees, most of them are included as members of the cast, using fantasies of the iconic characters and assisting visitors and taking photos, making the experience more complete.

But in the case of the above question, the group of employees who are most likely to be considered the "ingroup" in the theme park are those who provide technical support to repair the tours, due to the fact that the application of their skills is more technical and less playful. , as most Disney employees must behave.

7 0

3 years ago

Read 2 more answers

rick's pawn shop issued 11% bonds, dated january 1, with a face amount of $400,000 on january 1, 2022. the bonds sold for $370,0

geniusboy [140]

An unrealized gain of $5,412 from the change in the fair value of the debt.

<h3>How does general interest rate risk work?</h3>

Interest-rate risk (IRR) is the exposure of a financial institution to unfavorable changes in interest rates. Accepting this risk is common practice in the banking industry and can be a key driver of profitability and shareholder value.

Explanation:

Given that the bond's face value is $400 000

Bond selling price: $370,000

yield until maturity equals 12%

Bond has a fair value of $365,000.

Value shifted = $2,000

Net income and OCI are both included in comprehensive income.

To learn more about Interest-rate risk (IRR) refer to:

brainly.com/question/20715710

#SPJ4

6 0

11 months ago

State the purpose of footing the total column in the client's accounts receivable trial balance, tracing individual customer n

Pani-rosa [81]

No se y ni me importa

7 0

3 years ago

Brenda’s Boards manufactures skateboards. Each skateboard sells for $45 and includes the following expenses: $3 for the wheels a

fredd [130]

$450 is the answer.

The total revenue the company earns after selling 10 boards is $450.

Further Explanation:

Total Revenue:

Total revenue refers to the total receipts or the income after selling the product.

Total profit:

Total profit refers to the amount subtracted by the total cost of the firm from the total revenue of the firm. Total profit is the excess of the total cost from the total revenue.

Total cost:

Total cost refers to the cost of making the product which is being bear by the company or the owner of the firm. Total cost is the cost of making the product.

Total Revenue = Cost of selling one skateboard × Total number of skateboards

= $45 × 10

= $450

Therefore, Total Revenue is $450.

Thus, the total revenue the company earns after selling 10 skateboards is $450.

Learn More:

1. Revenue from property taxes

brainly.com/question/2689578

2. Variable costing

brainly.com/question/9203162

3. Owning a car

brainly.com/question/2684773

Answer Details:

Grade: High School

Chapter: Total profit

Subject: Accountancy

Keywords: Brenda’s Boards manufactures skateboards. Each skateboard sells for $45 and includes the following expenses: $3 for the wheels and mounts, $1 for the plastic board, $1 for the paint, and $10 for the labor. What is the total revenue the company makes after selling 10 boards? $300 $350 $400 $450.

5 0

3 years ago

Read 2 more answers

A corporation's legal capital:

Fantom [35]

Answer: d. Is established to protect the corporation's creditors.

Explanation:

A corporation's legal capital is the part of a company's equity that absolutely cannot be allowed to leave the company. It is illegal to distribute them as dividends or any other means.

The purpose of this is to ensure that the creditor's rights to assets in the company are protected in the event that some mishap should befall the company.

3 0

3 years ago

Read 2 more answers