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KatRina [158]
3 years ago
11

It is better to evaluate economic decisions at the marginal, where the decision has to be made as long as its marginal benefit e

xceeds its marginal cost, if not equal to its marginal cost.
A. True
B. False
Business
1 answer:
Wittaler [7]3 years ago
4 0

Answer: True

Explanation:

Marginal benefit is the maximum amount that a consumer will be willing to pay for an extra product. It should be known that as consumption rises, the marginal benefit starts reducing.

The marginal cost is the extra cost that a producer incurs when an extra unit of a product is made. Economic decisions made by economic agents are typically based on marginal as it'll be possible to know the impact of an extra decision made on a variable.

Therefore, it is better to evaluate economic decisions at the marginal, where the decision has to be made as long as its marginal benefit exceeds its marginal cost, if not equal to its marginal cost.

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Explanation:

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3 years ago
Contingent Liabilities must have the following criteria (select all that apply): Select one or more: A. The obligation is certai
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Answer: Option B and C

                                     

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These are recorded in the accounts only when  the payment is to be made in future and that payment could be reasonably estimated.

Hence the correct option is B and C

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3 years ago
Is Criminal investigator a venture?<br> thanks
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Explanation:

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Vertical accountability refers to the ability of _________.
Wewaii [24]

Answer:

Vertical accountability refers to the ability of

a. individuals and groups to hold state institutions accountable

Explanation:

When discussing accountability in governance, there are different types which include vertical accountability and horizontal accountability.

Vertical accountability refers to the ability of individuals and groups to hold state institutions accountable and horizontal accountability refers to the ability of the legislature to hold the executive accountable.

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3 years ago
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Compliance is a feature of secure access.

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This is the term that is used in cyber security to mean the bringing together of secure cloud security into the cloud services.

It works by enabling both security and network together as a service that can be rendered via cloud. What this helps to do is to ensure the safety and the security of the services.

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