Overproduction of the good occurs when marginal costs of production exceed marginal benefits of production.
Production is the process of mixing several material and immaterial inputs to create something that is intended for consumption. The act of producing a good or service that has value and improves people's utility is known as production. The field of economics that focuses on production is known as production theory, and it is interwoven with the field of economics known as consumption theory.
By effectively using the initial inputs, the manufacturing process and output are produced. The three major production components are land, labor, and capital, also referred to as primary producer commodities or services. These essential ingredients do not undergo any substantial changes during the production process or turn into a complete part of the final product. Energy and materials are divided into categories in classical economics.
Learn more about marginal costs here
brainly.com/question/7781429
#SPJ4
<u>Full question:</u>
Locational cost-profit-volume analysis assumes:
(I) nonlinear variable costs.
(II) fixed costs that are constant over the range of possible output.
(III accurate estimates regarding the required level of output.
(IV) multiple products.
A. I, III, and IV only
B. II and III only
C. I, II, and III only
D. II, III, and IV only
E. I, II, III, and IV
<u>Answer:</u>
II and III only are the assumptions of locational cost-profit-volume analysis.
<h3><u>
Explanation:</u></h3>
A process of defining the number of production where a company splits still with costs and profits is the locational cost-profit-volume analysis. This system needs into account both variable and fixed determinants that impact the overall creation values.
CPV practices a linear formula that acknowledges total costs similar to fixed costs plus variable costs. In CPV commentary, one of the numerous significant defining features of variable costs is that they vary based on variations in the amount of production.
All securities of an issuer whose common stock is listed on any national exchange, such as the NYSE (New York Stock Exchange) or the NYSE American LLC (formerly known as the American Stock Exchange), or the Nasdaq Stock Market are exempt from state registration, including any securities of the same issuer senior to such securities.
<h3><u>
What are Stocks?</u></h3>
- A stock, usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company.
- Shares, also known as units of stock, entitle its owners to a share of the company's assets and income in proportion to the number of shares they possess.
- Most individual investors' portfolios are built on stocks, which are mostly bought and sold on stock exchanges. Government standards designed to shield investors from dishonest tactics must be followed during stock trades.
- In order to raise money to run their operations, corporations issue stock, and the holder of that shares, known as a shareholder, may be entitled to some of the company's assets and earnings.
Based on the total market capitalization of its listed securities, the New York Stock Exchange (NYSE), a stock exchange in New York City, is the largest equity-based exchange in the world. All registered investment company securities are exempt from state registration.
Know more about Stocks with the help of the given link:
brainly.com/question/27385142
#SPJ4
Answer:
The correct answer is A
Explanation:
Sunk cost is the cost which is incurred by an entity and that can no longer be recovered. It is that cost which is not considered when making the decision to continue investing in the online project as it cannot be recovered.
In this case, city of Tustin incurred $10 million on the project for building a new community college and further it require $40 million to finish the project. The economist told the city council to ignore $10 million because it is a sunk cost which cannot be recovered.
Answer:
The balance in retained earnings at December 31 is $264,000.00
Explanation:
The balance in retained earnings at December 31 can be computed using the below ending retained earnings formula:
ending retained earnings=beginning retained earnings+net income-dividends
beginning retained earnings was the opening balance of retained earnings at January 1 2020 which was $215,000
net income for the year is $130,000
dividends of $81,000 were paid
ending retained earnings=$215,000+$130,000-$81,000=$ 264,000.00