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3 years ago

Marginal cost is defined as:________.

Business

1 answer:

Aleks [24]3 years ago

6 0

Answer:

b. the change in total costs from producing one more unit of output.

Explanation:

The marginal cost is the cost that incurred for generating one more additional unit of output

It could be computed as shown below:

Marginal cost = Change in total cost ÷ change in quantity

Therefore as per the above explanation, the option b is correct

And, the same is to be considered

Thus, all the other options are incorrect

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Revenue is properly recognized: Multiple Choice When the customer makes an order. Only if the transaction creates an account rec

Marianna [84]

Revenue in a business transaction is recognized When goods or services are provided to customers and at the amount expected to be received from the customer.

<h3>What is revenue?</h3>

Refers to the amount paid to a company for the provision of goods and services.
Can only be recognized when that good or service has been provided to the customer.

Until a good or service is provided to the customer who bought it, revenue should not be recognized because it has not been earned by a company.

In conclusion, option C is correct.

Find out more on revenue recognition at brainly.com/question/1380073.

3 0

2 years ago

Which of the following best describes equilibrium?

QveST [7]

Answer:

C. A situation where no economic agent would benefit by changing his or her behavior

Explanation:

An economic equilibrium is when the agents are optimizing their decisions and opposing market forces are equal. This point allows the economic agents to maximize their utility and any change from this point will cause all agents to move away from potential maximum benefits.

In a natural equilibrium there is usually no government intervention so option A is false. Option B gives only one agent potential benefits and as such there is no equilibrium. Option D is conditional and may or may not happen as when the agents find missing information they would optimize again and move to an equilibrium.

Hope that helps.

3 0

3 years ago

Which of the following statements is CORRECT?A. Shareholder's equity is the residual value of a firmB. Net working capital must

olga55 [171]

Answer:

The correct answer is letter "A": Shareholder's equity is the residual value of a firm.

Explanation:

Shareholders' equity is a measure of a company's net worth. I can be calculated by subtracting the company's total liabilities from its assets. It is also understood as the funds remaining after all creditors and debts are paid that is why we could say it is the residual value of the firm.

4 0

3 years ago

A customer has a fully paid options position and is long marginable stock. Subsequently he receives a margin call on his long st

Feliz [49]

Answer: II and III

Explanation:

From the question, we are informed that a customer has a fully paid options position and is long marginable stock and that subsequently he receives a margin call on his long stock position.

The statements that are true are that the customer cannot borrow against the long options contracts to satisfy the margin call and the long option contracts have a loan value of 0%.

Therefore, option C is the right answer.

8 0

4 years ago

1. How do new tax laws get passed?

Setler79 [48]

Answer:

Procedure to pass new tax laws:

1. First, a representative sponsors a bill.

2. The bill is then assigned to a committee for study.

3. If released by the committee, the bill is put on a calendar to be voted on, debated or amended

4. If the bill passes by simple majority (218 of 435), the bill moves to the Senate.

5. After Congress passes the bill,

6. it goes to the president, who can either sign it into law or veto it.

4 0

3 years ago