Answer:
a. The cost of producing additional unit of output
Explanation:
Marginal cost refers to the extra cost incurred to produce additional unit of output or service.
Often times production or manufacturing companies tends to produce more units of outputs maybe to meet recurrent demand. The cost expended in the production of such extra units of output is called marginal cost. It is computed as change in the cost of producing additional goods divided by change in the number of goods produced.
Answer:
24
Explanation:
Absolute threshold is a concept that refers to the most minimum level of a sensory stimulus that an individual can sense. Testing this usually require individuals to differentiate the intensity of a stimulus.
A general rule of thumb is that when an individual can sense whether something is stronger 50% of the time, that stimulus level is the person’s absolute threshold.
Thus, in the example of Daniel, we should only pay attention to his 24 candles experiment – since he can recognize the difference in light intensity, 50% of the time, when there are only 24 candles. When he added 11 more candles, making them 35 candles, his ability to recognize the light intensity differences are reduced to 25%.
More accurate estimates and higher motivation are generally the results of using a(n) participative budget.
What is meant by participative budgeting?
In a budgeting procedure called participatory budgeting, those in lower levels of management take part in the creation of the budget.
What are the benefits of participative budgeting?
Participatory budgeting undoubtedly provides a number of benefits, including goal congruence, fiscal responsibility, information sharing from inferior to superior, and greater subordinate work satisfaction.
Is participatory budgeting effective?
The highest-ranking engagement strategy on the participation rung is participatory budgeting because of this. Although it necessitates thorough planning and preparation, it also strengthens the legitimacy of your decision-making and the level of confidence that the community's residents have in their elected officials.
Learn more about participatory budgeting: brainly.com/question/14473563
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It was good, I just despise homework
