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ExtremeBDS [4]
3 years ago
12

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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Ray has six hours before he goes to bed on a school night. He plans to spend an hour surfing the Internet, two hours playing his
dsp73
He will ask his brother to help him with his homework but exclude watching tv and playing video games until he finishes the homework
4 0
3 years ago
Calculate GDP loss if equilibrium level of GDP is $8,000, unemployment rate 8.8%, and the MPC is 0.80. Hint: (Use Okun's law to
stich3 [128]

Answer:

Loss of gdp = 7.6%

Eliminate gdp loss = 121.6

Explanation:

According to Okun's law , 12% loss of gdp.

Natural rate of unemployment=5%

Cyclical unemployment = Actual unemployment - Rate of Unemployment

Cyclical unemployment = 8.8% - 5%

Cyclical unemployment =3.8%

Loss of gdp = 3.8%(2)

Loss of gdp = 7.6%

Loss of gdp = (7.6%(8,000)

Loss of gdp = 608

Spending multiplier = 1/(1 - mpc)

Spending multiplier = 1/(1 - 0.8)

Spending multiplier = 1/ 0.2

Spending multiplie = 5

So,

Eliminate gdp loss = 608/5

Eliminate gdp loss = 121.6

5 0
3 years ago
Katherine explains that she did tell the truth and that there was not available funding for employee wage increases. Alisa most
aleksandrvk [35]

Answer:

Katherine was lying and/or hiding something

Explanation:

Alisa most likely decoded Katherine's explanation in such a way that she believed Katherine was lying and/or hiding something. This is because based on psychological studies, individuals tend to state that they are "telling the truth" and yet still provide no actual proof when they are lying. In this scenario, Katherine simply states that she is "telling the truth" but has not shown Alisa any financial reports or other valuable data that proves that there was not enough funding, which would be easy to provide if they actually existed.

6 0
3 years ago
Choose the correct term for each of the following descriptions.
dexar [7]

<u>Explanation:</u>

A. Expenditure on research and development. > Investment decision.

Reasearch and development (R&D) is an investment cost because the results of such research can benefit the company long-term.

B. A bank loan. > Financial asset.

A bank loan involves cash, and could be rightly called a financial asset.

C. Listed on a stock exchange. > Public corporation.

Only public corporations are listed on stock exchange,  an example is Microsoft.

D. Has limited liability. > Corporation

E. Responsible for bank relationships. > The Treasurer.

F. Agency cost. > Agency cost

3 0
3 years ago
The need for safety stock can be reduced by an operating strategy which: question 4 options: decreases ordering costs increases
BigorU [14]
The answer is decreases<span> lead time variability.
Safety stock refers to the amount of stocks that set aside by the company in order to prepare for stockouts.
If the company decrease lead time variability, it will give more time for company to prepare between orders and delivery, which will reduce the probability of safety stock usage.</span>
8 0
3 years ago
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