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tekilochka [14]
3 years ago
14

Describe the term marginal cost?​

Business
2 answers:
ohaa [14]3 years ago
8 0

Answer:

The cost of production is marginal. Fixed and variable costs included. With regard to fixed costs, this is only calculated at the marginal cost of production is to be expanded. In contrast, marginal costs always include variable costs.

Explanation:

THE IMPORTANCE OF MARGINAL COST:

In economics, marginal costs are important as they help companies to maximize profits. When marginal costs are equal to marginal income, we have so-called profit maximization. In this respect, the cost of producing a further product is exactly the same as the sales of the company. That is, the company does not make money at that point anymore.

As seen from the below marginal costs curve, marginal costs begin to decrease as the company benefits from scale savings. Marginal costs can however increase with businesses declining in productivity and suffering from scale disadvantages. Costs are increasing and they ultimately receive marginal income.

It could be because the company becomes too big and inefficient, or because the management problem gets less productive and demotivated. Whatever the reason, companies may have to face up to rising costs and stop production if their income is identical to the marginal price.

AURORKA [14]3 years ago
6 0

Answer:

In economics, the marginal cost of production is the change in total production cost that comes from making or producing one additional unit. To calculate marginal cost, divide the change in production costs by the change in quantity.

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Answer:

the journal entry should be:

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When a company holds securities as an investment and classifies them as available for sale (AFS), any dividends received will be recorded as revenue.

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Answer:

B. $23,000

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Thus,

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1 year ago
XYZ DebenturesIssue Date: 8-1-XXPayment Dates: J 1 & J 1Maturity Date: 7-1-XXSome years after issuance, a customer buys 10 d
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B. 105 days of accrued interest

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