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3 years ago

Marginal cost is equal to the options:

Business

1 answer:

Nadusha1986 [10]3 years ago

7 0

Answer:

B) change in average total costs divided by the change in output.

Explanation:

Marginal cost is the extra cost incurred for the production of an additional unit of output after breakeven. At the breakeven point, fixed costs have been absorbed. Any additional production will incur variable costs . Marginal costs will, therefore, comprise direct labor, direct material, and a small proportion of fixed costs, such as administration and selling costs.

The calculate marginal cost, divide the total change in costs by the change in the product output. i.e.

Marginal costs = change in cost / change in output.

Marginal cost is compared with marginal revenue when deciding whether to increase production or not.

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Answer:

Explanation:

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2 years ago

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Monumental, Inc. contracts with Champion Builders to erect a three-story office building on a parcel of land it has purchased. B

Elza [17]

Answer:

A) True

Explanation:

Monumental can discharge the contract by frustration. In order for a contract to be discharged by frustration, four conditions have to occur:

An unforeseeable event must occur: In this case the zoning changes were unforeseeable.
No party is at fault: the zoning board made the changes to the zoning of the land.
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3 years ago

A high school plan acts as a ?

san4es73 [151]

Answer:

<h3>Question:</h3>

A highschool plan acts a ?

Explanation:

<h3>My answer:</h3>

B. list of goals for social life

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2 years ago

hums 202 Which of the following describes a consumer installment loan? A. A loan you get based on the tax refund that you expect

umka2103 [35]

Answer:

B. A loan that is repaid in equal monthly payments for a specific period of time, usually several years.

C. A loan where you have to promise to give the bank your assets if you do not repay the loan.

Explanation:

A Consumer installment loan is also known as a closed end credit. It is a form of loan whereby the consumers are expected to pay back in a regular manner usually monthly over a period of time which could span between one to about forty years.

The loan is given based on how credit worthy the consumer is. Failure to pay back the loan after the stipulated time frame would result to the seizure of the consumer's property or assets by the lending institution. The lending institution could be a bank. A mortgage loan, and a car loan are examples of consumer installment loans.

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2 years ago

As product adopters in the diffusion of innovation, members of the early majority Group of answer choices

Luden [163]

Answer:

The correct answer is letter "B": are deliberate and use many informal social contacts.

Explanation:

Sociologist and Professor E.M. Rogers (1931-2004) proposed The Diffusion of Innovations Theory which is a concept that relates several consumers' factors with the time they take to adopt technological innovation. Those influential factors are individuals' opinions and the rate at which they can interact with the innovation. According to the theory, consumers can be classified into five (5) groups:

Innovators: <em>venturesome, higher educated, use multiple information sources. </em>
Early adopters:<em> leaders in a social setting, slightly above average education. </em>
Early majority:<em> deliberate, many informal social contacts. </em>
Late majority:<em> skeptical, below-average social status. </em>
Laggards:<em> fear of debt neighbors and friends are information sources.</em>

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3 years ago