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zlopas [31]
4 years ago
6

In economics, what is meant by "optimal decisions are made at the margin?" The concept of the margin was initially developed in

2012 by Professor Marginus; research is still being done on how it can be used for decision-making. The idea of the margin does not help compare trade-offs and is not relevant to decision-making. The idea of the margin is related to making decisions while thinking about the benefits and costs of small changes in behavior. The idea of the margin is that all economic decisions are made at the very fringes of society.
Business
1 answer:
Ivahew [28]4 years ago
7 0

Answer:

The idea of the margin is related to making decisions while thinking about the benefits and costs of small changes in behavior.

Explanation:

Economic theory suggests that economic agents (firms, consumers and government) think on the sidelines. This means that decisions are made taking into consideration the benefits and costs of each choice. For example, for a firm to increase a unit of production (marginal unit) it will calculate the cost of production of that unit (marginal cost) and the profit that additional unit will generate (marginal benefit).

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Which of the following, if true, would most weaken the argument that Fony Corp. should upgrade its technology?A) Employees fear
jarptica [38.1K]

Answer: E - The technology which the company is considering adopting was recently developed and has not yet been successfully implemented in a real business context.

Explanation: the company would be able to recover the cost of adoption of the new technology . This strengthens the argument that the upgrade should take place.

The new technology would improve cost of production and efficiency. This strengthens the argument that the upgrade takes place.

Because the upgrade hasn't been successfully tested, it might have an unintended negative impact which would erode all the benefits of the upgrade

4 0
3 years ago
The number of international tourists visiting Asia and the pacific In 2010 was
ikadub [295]

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Gossip and rumor in an organization are part of the ________, which itself is a type of ________ communication channel. Multiple
MrMuchimi

Gossip and rumor in an organization are part of the <u>Grapevine</u>, a type of <u>Informal</u> communication channel.

This is because a Grapevine is a form of an informal communication channel in a business organization. In this way, the information can be diffused from any level, either from bottom to top or top to bottom.

The information passed is usually in the form of gossip and rumor. It does not have official backing or formal approaches such as through emails of the business firm or signed and stamped letters.

Hence, in this case, it is concluded that the correct answer is Grapevine; and informal.

Learn more here: brainly.com/question/12163131

4 0
3 years ago
The following information is taken from the income statement of Olympic, Inc.: Depreciation Expense $ 90,000 Amortization Expens
Lina20 [59]

Answer:

The correct option is D,$402,000.

Explanation:

In determining the cash flow provided by operating activities,we need to adjust the net income for effects of non cash items reported.It is important  to note that the reverse of the earlier treatment of the items is what is required now.For instance depreciation and amortization  were deducted in  income statement,for cash flow purposes we need to add both to net income.

Net income                          $315,000

add depreciation                $90,000

amortization                         $15,000

loss on sale of equipment  $9,000

less gain on sale of building($27000)

Cash flow from operations  $402,000

The cash flow from operating activities as adjusted is $402,000.

6 0
3 years ago
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