Additional funds needed is “extra money needed,” and it refers to other resources that will be needed for the company to expand its operations.
<h3 /><h3>What do you mean by additional fund needed projects?</h3>
<u>Additional funds needed </u>is a way of calculating how much new funding will be needed so that the firm can truly look at whether it will be able to make some extra money and thus be able to achieve a higher level of sales.
<u>Additional funds needed </u>project the types and amounts of assets a firm will require to carry out its future plans and forecast the number of additional funds that will be needed to acquire those assets
Thus, the correct word is <u>Additional funds needed.</u>
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Answer:
Profit Maximisation
Explanation:
Profit is the difference between total revenue (receipts) from sale & total cost (expenditure) on production.
Total Revenue = Price x Quantity ; Total Cost = Average Cost x Quantity
Economists study all the producer behaviour, based on assumption that : Goal of firm is Profit Maximisation.
Maximising Profit implies maximising the difference between Total Revenue & Total Cost [ TR - TC] . This further leads to producer equilibrium rule of Marginal Revenue = Marginal Cost [MR = MC] ; i.e additional revenue per unit sold equals additional cost per unit production.
A) Opportunity cost
because an opportunity cost is for example you have to pick from a xbox one or a ps4. You saw that the ps4 was more scarce for you but you had to give up the xbox one to obtain the ps4. Nothing is free in life!!! You sacrificed the xbox one for the ps4
To be able to fix the thing that are broken and to communicate with each other