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lara31 [8.8K]
3 years ago
9

Marginal cost ______(A) Is the change in total output from hiring one more factor of production.(B) Is the change in total cost

from producing one additional unit of output.(C) Falls when there are diminishing returns.(D) Is the change in the total cost when hiring one more factor of production.
Business
1 answer:
cupoosta [38]3 years ago
7 0

Answer:

(B) Is the change in total cost from producing one additional unit of output

Explanation:

Marginal cost is the change in the total cost of production as a result of increasing the quantity produced by one unit.

Diminishing returns causes marginal cost to increase.

Marginal product of labor (MPL) is the change in output as a result of hiring one more unit of labour.

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A company purchased a computer system at a cost of $25,000. The estimated useful life is 8 years, and the estimated residual val
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Answer:

$4,687.50

Explanation:

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3 years ago
Compute the Z-scores for the second observation of the following data values: X: 462 490 350 294 574
skelet666 [1.2K]

Answer:

0.5

Explanation:

Zscore = (x - mean) / standard deviation

Given the data:

X : 462 490 350 294 574

The second observation = 490

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Mean = 434

standard deviation = 112

ZSCORE = (490 - 434) / 112

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Product deletion can best be described as the process of deleting a product from the product mix when it a. no longer responds t
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Answer:

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A mass refusal to buy products from certain employers or companies.
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