1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
enyata [817]
2 years ago
10

The amount that people are willing to pay for each additional unit of a product or service is the A. Opportunity cost B. Margina

l benefit C. Marginal cost D. Investment opportunity Please select the best answer from the choices provided O A OB C С D​
Business
2 answers:
hammer [34]2 years ago
6 0

Answer:

B marginal benefit

hope this helps xx

NARA [144]2 years ago
5 0

Answer:

B:Marginal benefit

Explanation:

You might be interested in
For each of the following scenarios, identify the number of firms present, the type of product, and the appropriate market model
marshall27 [118]

Answer:

Number of Firms - many

Type of Product - differentiated

Market Model - monopolistic competition

Number of Firms - many  

Type of Product - standardised  

Market Model - perfect competition

Number of Firms - few  

Type of Product - standardised  

Market Model - oligopoly

Number of Firms - one

Type of Product - unique

Market Model - monopoly

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.   In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.

An example of monopolistic competition are restaurants  

A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. the demand curve is downward sloping. it sets the price for its goods and services.

An example of a monopoly is a utility company

An Oligopoly is when there are few large firms operating in an industry. While, a monopoly is when there is only one firm operating in an industry.

Oligopolies are characterised by:

  • price setting firms  
  • profit maximisation
  • high barriers to entry or exit of firms
  • downward sloping demand curve

3 0
2 years ago
What is the main function of the Federal Open Market Committee?
Vsevolod [243]
To conduct monetary policy, it's open market operations. Buying and selling of federal government bonds to influence the money supply in the rate of interest. These operations are responsibility of Federal Open Market Committee. Ask google for more friend, hope I helped!
8 0
3 years ago
Read 2 more answers
__________ is a strategy based on the use of IT to reduce the costs associated with the product assembly process or the way serv
xeze [42]

Answer:

Flexible manufacturing

Explanation:

A flexible manufacturing system (FMS) refers to a manufacturing system that has a certain degree of flexibility to swiftly respond to unpredicted changes in the manufacturing orders and processes. FMS generally result in a increase in labor productivity and machine efficiency, as well as shorter lead times and increased production rate. If well executed, FMS should provide the same benefits as economies of scale but without the large scale production.

3 0
3 years ago
Nathan wants to buy a sweatshirt and is trying to determine the better buy. He has a 3030​% coupon for the​ in-store purchase. T
slava [35]

Answer:

It is better online, for 1.1 dollars

Explanation:

Do you understand all the words used in stating the problem?

Yes.

What are you asked to find or show?

The differnece in price bewtween the store T-shirt and the On-line T-shirt

Can you restate the problem in your own words?

Nathan can purchase a Tshirt by $38 with 30% discount or $34 with 25% discount. Which is the cheapest option?

Is there enough information to enable you to find a solution?

Yes, we have the list price for both T-shirt and the discount on each one.

<u>Devise a plan:</u>

<u>Use a formula</u>

list price less discount = net cost

<u>We will calculate the net cost for the T-shirt</u>

<em>in-store purchase scenario</em>

$38 - 30% coupon = 26.6 dollars

<em>on-line purchase scenario</em>

$34 - 25% off = 25,5‬ dollars

<u>The difference will be:</u>

$26.6 - $25.5 = 1.1 dollar in favor of the online purchase

4 0
3 years ago
Which of the following is true about a business plan?
dusya [7]

Answer:

d

Explanation:

the plan can change from buget sponsors and othere factors

3 0
3 years ago
Other questions:
  • Which of the following is a breach of journalistic ethics? A. allowing a corporation to control a story B. balancing the story t
    6·1 answer
  • A ______ is a word, name, symbol, or device that is used in trade with goods to indicate the source of the goods and to distingu
    7·1 answer
  • A company purchased 10 units for $5 on January 3. It purchased 10 units for $7 each on February 28. It sold 10 units on March 1.
    12·1 answer
  • Which of these factors would NOT cause the supply curve for a particular good to shift?a. a change in the technology used to pro
    5·1 answer
  • There are four steps in solving one’s personal financial challenges
    15·2 answers
  • The ledger of Claudell Company includes the following unadjusted normal balances: Prepaid Rent $1,000, Services Revenue $55,600,
    15·1 answer
  • Flores Company publishes a monthly sports magazine, Hunting Preview. Subscriptions to the magazine cost $25 per year. During Oct
    8·1 answer
  • What are payroll taxes?
    9·1 answer
  • A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera
    14·1 answer
  • You are given the following information concerning Around Town Tours:Debt: 7,500, 6.8 percent coupon bonds outstanding, with 11
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!