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Fynjy0 [20]
3 years ago
11

Marginal cost is equal to A. change in total variable cost divided by change in output. B. change in total cost divided by chang

e in output. C. total variable cost divided by quantity of output. D. Both A and B are correct.
Business
2 answers:
Ipatiy [6.2K]3 years ago
5 0

Answer:

D

Explanation:

If the cost function C is continuous and differentiable, the marginal cost  MC is the first derivative of the cost function with respect to the output quantity Q:

MC(Q)= dC/ dQ.

The marginal cost can be a function of quantity if the cost function is non-linear. If the cost function is not differentiable, the marginal cost can be expressed as follows:

MC=^C/^Q

where ^  denotes an incremental change of one unit.

vfiekz [6]3 years ago
5 0

Answer:

Option "B" is correct.

Explanation:

It is the change in total cost, not total variable cost over the output. Thank you.

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A key objective for a retail layout is to A. expose customers to​ high-margin items. B. balance​ low-cost storage with​ low-cost
BARSIC [14]

Answer:

A. expose customers to​ high-margin items.

Explanation:

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8 0
3 years ago
For each of the following products and services, indicate whether it is more likely produced in a process operation or in a job
lord [1]

Answer:

Process operations are for when there are multiple goods to be produced. These products normally have the same specifications so can be mass produced.

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3 0
3 years ago
10,000 kcal of producer could support approximately _____ kcal of tertiary consumer.
riadik2000 [5.3K]

Answer:

The answer is 10.

Explanation:

10,000 kcal of producer could support approximately 10 kcal of tertiary consumer.

6 0
2 years ago
The demand and supply functions for basic cable TV in the local market are given as:
iragen [17]

Answer:

a) Hence the new levels of the consumer are $800,000and the producer surplus is $1,500,000.

b) Hence the consumer and producer surplus in this market is $525,000.

Explanation:

Here the answer is given as follows,

8 0
3 years ago
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