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klemol [59]
3 years ago
7

Marginal resource cost is: A) Determined by the marginal physical product schedule for an input B) A firm's cost of hiring one g

roup of inputs, such as capital or labor C) The increase in a firm's total cost caused by hiring one additional unit of an input D) The firm's demand curve for a productive resource
Business
1 answer:
alexdok [17]3 years ago
6 0

Answer:

C) The increase in a firm's total cost caused by hiring one additional unit of an input

Explanation:

Marginal resource cost is <u>the increase in a firm's total cost caused by hiring one additional unit of an input</u>. The marginal cost is that additional cost and it is calculated by the change in total cost divided by the change in the number of inputs. Other options are wrong because they are not defined marginal resources cost.

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The vice president for BakerStone comes to you for help with sharing and supporting the new changes. Explain how she can use con
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The use of  continuous communication, can  promote the BakerStone mission statement because one can Communicate vital information to keep stakeholders always aware of BakerStone policies as well as actions.

<h3>How can the use of modeling  promote the BakerStone mission statement?</h3>

The use of modeling can promote the BakerStone mission statement as all their effort as well as input will be channeled towards achieving their mission statement.

Hence, The use of  continuous communication, can  promote the BakerStone mission statement because one can Communicate vital information to keep stakeholders always aware of BakerStone policies as well as actions.

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6 0
2 years ago
TB MC Qu. 7-77 Corbel Corporation has two divisions: Division A and ... Corbel Corporation has two divisions: Division A and Div
irina1246 [14]

Answer:

Corbel Corporation's common fixed cost  is $41,650

Explanation:

Division A contribution margin       $47,700

Division B contribution Margin       <u>$80,850</u>           $128,550

($231,000 * 35%)

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Operating Income                           <u>$27,200</u>           <u>($86,900)</u>

Common fixed cost                                                   <u>$41,650</u>

3 0
3 years ago
Sometimes word of mouth and expert recommendations cause a product to become more popular. However, the firm that produces this
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Answer:

Invariably, the cost of the product will rise. A relatively increase in supply parts directly influences the price of a product.

6 0
3 years ago
Why do neoclassical economists tend to put relatively more emphasis on long-term growth than on fighting recession?
Bogdan [553]

Neoclassical economics places a larger focus on providing extra options and <u>improving living standards, </u><u>which are ultimately decided by long-term progress.</u>

As a result, it focuses on long-term growth rather than fighting recessions.

In actuality, neoclassical economics holds that a product's price is mostly influenced by its manufacturing costs. According to neoclassical economics, the primary factor for client decision-making therefore becomes price.

As a result, letting the neoclassical economists concentrate on prices is not the best way to combat the recession. Long-term economic performance is always emphasized by neoclassical economists.

Note that the neoclassical approach to macroeconomics emphasizes the idea that, over time, the economy tends to recover to its potential GDP and natural unemployment rate.

Learn what John Maynard Keynes would recommend to fight the recession: brainly.com/question/25586856


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8 0
2 years ago
According to marx, the best economic system would be one where the means of production and distribution are in the hands of the
ololo11 [35]
Karl Marx is the founder of modern communism. Bourgeousie defines the capitalists, those who own the means of production and who take advantage of the labor (work) of the proletariat (the mass of workers who do not own the means of production and are not fairly compensated for their work).
<span>The statement that according to Marx, the best economic system would be one where the means of production and distribution are in the hands of the bourgeoisie is false. In contrast, according to Marx the best economic system would be </span><span>one where the means of production and distribution are in the hands of the proleteriat.</span>

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3 years ago
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