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
klemol [59]
2 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]2 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.

You might be interested in
"The National Tree Company offers resellers half-price reductions on artificial Christmas trees if they purchase them in July. T
GenaCL600 [577]

Answer:

A) Seasonal discount

Explanation:

A Seasonal discount is a discount that is applied in specific periods of the year. For example: Christmas season, halloween season, black friday season, etc.

In this example, the good is a christmas tree, which is obviously related to the christmas season, therefore, the discount apply on it is a seasonal discount, even if the discount in not applied in December but in July.

5 0
3 years ago
What was the CEO of Tyco accused of doing?
RSB [31]

Answer:

The correct answer is A.) Falsifying records to keep the company stock price from falling.

Explanation:

Kozlowski and CEO Mark Swartz, also of Boca Raton, were convicted in a trial in 2005 on criminal charges for taking unauthorized bonuses, abusing corporate loan programs, falsifying records, and conspiracy. He went to prison in New York where he was in charge of laundry.

Hope This Helps!

4 0
2 years ago
Assume the United States can use a given amount of its resources to produce either 20 airplanes or 8 automobiles and Japan can e
Karo-lina-s [1.5K]

Assume the United States can use a given amount of its resources to produce either 20 airplanes or 8 automobiles and Japan can employ the same amount of its resources to produce either 20 airplanes or 10 automobiles. The U.S. should specialize in airplanes.

Answer: Option D

<u>Explanation:</u>

The resources which are used to produce goods are available in limited amount in the economy. But these resources can be used for alternative purposes and producing various goods. So the producers should focus on the optimum utilization of the resources.

The United States of America can produce 20 airplanes with that amount of the resources, so it should specialist in producing air planes and not on the production of the auto mobiles. Because it can produce only 8 automobiles.

6 0
2 years ago
Which of the following statements about taxation is TRUE?
xeze [42]

Answer:

A. There is a tax rate at which tax revenues are maximized.

Explanation:

By Laffer Curve definition we can easily understand the relationship between tax rate and tax revenues. It was developed by Arthur Laffer. The Laffer Curve describes that:

  • with an optimal tax rate government maximizes total  tax revenues
  • there is no tax revenue collection at the two extreme tax rates of 0% and 100%
  • at the left side of the curve higher tax rates decrease the incentive to work and invest. As a result this leads to to decrease in total tax revenue.

4 0
2 years ago
Which statement below best answers the economic question How to produce?. . Marco's products sell at prices ranging between $2 a
BabaBlast [244]
The word "produce" involves the way the product is made and also the materials used. For this item, I would go with the third choice, "Marco uses locally harvested wood from a sustainable tree farm to make his products". This describes the materials used.
5 0
2 years ago
Read 2 more answers
Other questions:
  • What are the most important reasons why eCommerce has seen explosive growth in recent years? In your opinion, will this growth i
    8·1 answer
  • Campbell Soup uses electronic networks to improve the efficiency of outbound logistics. These networks also helped Campbell Soup
    11·1 answer
  • The economic significance of successful ticket scalping (scalpers sell tickets at higher than official prices) at baseball games
    12·1 answer
  • If Congress cuts spending to balance the federal budget, the Fed can act to prevent unemployment and recession by
    10·1 answer
  • __________ are units within an organization that receive services from other units within the organization.a. Third-party distri
    6·1 answer
  • Simple interest is paid only on the .
    10·2 answers
  • Cedric Company recently traded in an older model computer for a new model. The old model's book value was $140,000 (original cos
    11·1 answer
  • How do you plan to ensure your own financial well-being?
    13·1 answer
  • David purchased a $5,000 bond on the secondary market. He paid a $500 premium. What is David's basis?
    6·1 answer
  • Data entered into a computer is called a...
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!