In a business, when the marginal cost is rising, it is most likely that b. marginal product must be falling.
<h3>What happens when marginal cost rises?</h3>
The marginal cost refers to the cost of producing an additional unit of a product.
When this cost begins to rise, it means that there are too many units involved in the production of goods with limited technology. This leads to marginal product falling even though total product is rising.
In conclusion, option B is correct.
Find out more on marginal cost at brainly.com/question/12231343.
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Answer:
can be thought of as a bank withholding a portion of its total deposits that are not loaned out.
Explanation:
Fractional reserve banking is when banks accepts deposits from customers and lend out only a fraction of the deposits. The remaining are kept as reserves.
The central bank requires bank to keep certain amount of money as reserves in order to meet unforeseen circumstances
Answer:
The correct answer to this question is A) because resources are not equally good in each production activity.
Explanation:
PPS or Production possibility frontier ( which is often as production possibility curve ) shows the possible combinations( of two products or services) with maximum outputs that can be produced in an economy when all the available resources are fully and efficiently used.
The reason why opportunity cost is increased while moving along PPS is because when we increase the output of one good , that means we are allocating more resources towards this good ,that means we will be left with the fewer resources to carry out the production of other good , so therefore the opportunity cost would increase.
Answer:
The correct answer is C
Explanation:
A brand named Maybelline released an ad for the product of age minimizing makeup and offering the readers the $1 off coupon, so in terms of the communication, the source is the term which is described as the person or the reader who use the service or the product.
Therefore, the source of the ad is the readers who redeem the coupon featuring off $1 on the product.
