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Dovator [93]
3 years ago
15

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.

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C

Explanation:

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Which of the following is an example of corruption?
neonofarm [45]

Answer:

C) Paying a bribe to a company executive in order to be awarded a contract.

Explanation:

Not only politicians or public officials are corrupt, in order for corruption to exist, there must be some private party willing to give a public servant something in exchange for an illegal favor.

During the past few years a huge corruption scandal was uncovered in Brazil, called the lavajato (car wash in English). The most important result was not only the billions of dollars recovered from public servants and politicians, but the fact that the owners and upper management of virtually all the largest Brazilian corporations were sent to jail as accomplices. It is not common that the richest people in a country are sent to jail.

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3 years ago
Labor demand is less elastic when: _____________
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Answer:

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Explanation:

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