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Vitek1552 [10]
3 years ago
10

A person should consume more of something when its marginal: cost equals its marginal benefit. cost exceeds its marginal benefit

. benefit is still better. benefit exceeds its marginal cost.
Business
1 answer:
Sveta_85 [38]3 years ago
7 0
<span>Choice (D) is the most correct. When the marginal benefit (or utility) exceeds the marginal cost, then a person would gain from consuming the good or service. However, this only continues to the point where marginal utility is increasing. When the marginal utility starts to decrease (or fall below the marginal costs), consumption should cease.</span>
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4 years ago
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6 0
1 year ago
Baldwin's product manager is considering lowering the price of the buzz product by $2.50 and wants to know what the impact will
Liono4ka [1.6K]
<span>Buzz's contribution margin will be 34% if the price is lowered.
</span>
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3 0
4 years ago
You purchased XYZ stock at $50 per share. The stock is currently selling at $80. You expect the stock price to go up, but not 10
Anton [14]

Answer:

"Stop-loss order" is the right answer.

Explanation:

According to the question,

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= $50

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4 0
3 years ago
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