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Vikki [24]
3 years ago
15

In determining whether or not to make an investment, good managers will make the investment only when:

Business
1 answer:
Rus_ich [418]3 years ago
7 0

Answer:

A) the marginal benefits are greater than the marginal costs.

Explanation:

When you are trying to evaluate an investment project, marginal benefits and marginal costs are actually incremental benefits and incremental costs.

Incremental benefits are the benefits that a company earns by taking a particular action or making a particular decision, always compared to not taking that particular action or making that decision.The same applies to incremental costs.

So a good manager should decide to invest or not in a certain investment project if the revenues that the project will generate are greater than its costs, and are greater than the benefits that could be generated by other similar investments (opportunity cost).

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I got a joke for you :)

Why do we tell actors to “break a leg?”

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3 years ago
Read 2 more answers
Item 6Item 6 Suppose that the firm's only variable input is labor. When 50 workers are used, the average product of labor is 50
Kipish [7]

Answer:

$1.07

Explanation:

The marginal cost measures the change in total cost of adding on more worker divided by the change in product for this additional worker (marginal product of labor). When adding one more worker, costs will increase by $80 (wage rate), while product will increase by 75. Therefore, the marginal cost is:

MC=\frac{80}{75}\\MC=\$1.07

The marginal cost is $1.07.

3 0
3 years ago
Which of the following is a duty of a personal finance manager?
Eva8 [605]

Answer:

Filling rax return is a duty of a personal finance manager

4 0
3 years ago
If a family spends its entire budget in a given time frame, the family can afford either 90 cans of soup or 60 frozen dinners. A
g100num [7]

Answer:

0.67

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

If the family buys one can of soup, the opportunity cost is the frozen food forgone.

Opportunity cost of one can of soup = 60 / 90 = 0.67

I hope my answer helps you

8 0
3 years ago
Sofia tells her Accountant, Luca, to prepare the financial statements of her business and then send them to Chase Manhattan Bank
Sergeeva-Olga [200]

Answer:

Law of tort

Explanation:

A tort can be basically described as an act or omission, which gives rise to an injury or harm, that could results into a civil wrong that could warrant a liability.

A tort can exist in 3 forms;

1. Negligence

2. Intentional torts, and

3. Strict liability.

The scenario under study here is a clear case of negligence. Here, the bank opined that there is deliberate and deceitful representation of the financial statement. Luca, the accountant, acknowledged that he was negligent in the preparation of this financial statements. The rule that governs this borders on negligence, and thus laws of tort comes handy in addressing this.

5 0
3 years ago
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