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3 years ago

In one or two sentences, explain why people will do less of an activity when the marginal costs are greater than the

Business

1 answer:

Firlakuza [10]3 years ago

7 0

Answer:

Marginal cost is defined as the additional cost incurred in adding a unit of product or service.

Marginal benefit is defined as the additional satisfaction or utility that the individual receives from consuming the added unit of product or service.

In every endeavor, we weigh the benefit and cost of a certain product, course of action or service. We aim to get the most out of every product or decision. We are driven to reach maximum profit at a minimum cost. Thus, when the marginal cost is greater than the marginal benefit, people will do less of an activity because it is not profitable.

Explanation:

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Helping others who need help on the job is important, regardless of the cost to me.

ella [17]

Answer:

yes because on day u might need help and they are gonna help you back go good job

Explanation:

3 0

3 years ago

Total variable costs A. always increase with output. B. initially decrease and then increase with output. C. initially increase

galina1969 [7]

Answer:

A. always increase with output.

Explanation:

There are basically 2 groups of cost namely; Fixed and variable cost.

The fixed cost are usually like sunk cost that will be incurred irrespective of how many units are produced.

Total variable costs refers to all elements of cost that vary proportionately with the level of activities or output. A good example is the direct material cost.

It is the total of the marginal cost over the units produced. The right answer is A. always increase with output.

6 0

4 years ago

A woman purchased a new refrigerator from an appliance store. Two weeks later, she sold the refrigerator to her son, who had jus

Phantasy [73]

Answer: The court shouldn't grant either of them motion, due to the fact that the jury must determine whether the damage was due to the technician's installation of the improper cooling panel.

Explanation:

Based on the information given and assuming that both parties have moved for a directed verdict, then the court should not grant either of the motions.

The court shouldn't grant either of them motion, due to the fact that the jury must determine whether the damage was due to the technician's installation of the improper cooling panel.

6 0

3 years ago

Acton Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its m

algol [13]

Answer:

option (b) $69,768

Explanation:

Data provided in question:

Estimated manufacturing overhead = $73,440

Estimated machine-hours = 1,800

Actual manufacturing overhead = $68,700

Actual machine-hours = 1,710

now,

The predetermined overhead rate = $\frac{\textup{Estimated manufacturing overhead}}{\textup{Estimated machine-hours}}$

The predetermined overhead rate = $\frac{\textup{73,440}}{\textup{1,800}}$

The predetermined overhead rate = $40.8 per hour

Therefore,

The applied manufacturing overhead for the year

= Actual machine-hours × predetermined overhead rate

= 1,710 × $40.8

= $69,768

Hence,

the correct answer is option (b) $69,768

5 0

4 years ago

Zipcar: Creating Value in the Marketplace Zipcar: Creating Value in the Marketplace Nearly a decade ago, the founders of Zipcar

natta225 [31]

Complete Question

The complete question is shown on the first , second, third, fourth and fifth uploaded image

Answer:

The correct option is C

The correct option is D

The correct option is C

Explanation:

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Answer:Place

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8 0

3 years ago