Answer and Explanation:
B. Money down implies interest rate down implies investment down implies income down.
Answer:
D
Explanation:
Cost behavior is defined as the measure of the reaction of the cost to outputs in production and sales volume.It reveals the impact of changes in activities on cost.
This helps the management in planning and controlling its costs and drive profits.
Cost behavior can be useful to the manager in deciding whether to replace a machine or not as the efficiency rate of a machine tends to reduce due to impairment , causing a rise in cost.
So also , it can be useful in predicting profits as sales and production volume changes and also to estimate cost.
Answer:
A. prosumer; crowdsourcing
Explanation:
Prosumers are people who both produce and consume goods and services. Communities are made of of people who co-create goods, and so are independent of external communities in meeting their needs.
Crowdsourcing is a growing way of working which involves duties being open to a large number of people. The advantage is that there is a large pool of talent to solve problems and accomplish jobs.
Answer:
<u>$35</u>
<u>Explanation</u>:
Note the formula:
Total revenue (TR)= Price (P) x Q and Marginal revenue (MR) = Change in TR / Change in Q
<u>Total Revenue for 2 units of output sold</u>
= 2 x $50 = $100
<u>Total Revenue for 3 units of output sold</u>
= 3 x $45 = $135
<u>The Marginal Revenue=</u>
Change in TR (135-100) / Change in quantity (3-2)
= $35/1
= <u>$35</u>
Therefore, the Marginal Revenue If the firm sells 3 units of output, will be $35.
