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Alexeev081 [22]
2 years ago
6

When considering marginal revenue versus marginal costs, marketers must ensure that:.

Business
1 answer:
Mariana [72]2 years ago
4 0

The consideration that marketers must give to marginal revenue versus marginal costs is to ensure that <u>marginal revenue</u><u> exceeds </u><u>marginal costs</u>.

<h3>What are marginal revenue and marginal costs?</h3>

Marginal revenue refers to the price or the amount of revenue from selling one additional unit.

Marginal cost refers to the cost of selling one more unit.

Unless marginal revenue were greater than marginal cost, selling one more unit would not bring in additional revenue than the cost of production and sales.

Thus, the consideration that marketers must give to marginal revenue versus marginal costs is to ensure that <u>marginal revenue</u><u> exceeds </u><u>marginal costs</u>.

Learn more about marginal revenue and marginal costs at brainly.com/question/16615264

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Tiptoe shoes, had annual revenues of $185,000, expenses of $103,700, and paid dividends of $18,000 during the current year. The
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<u>Calculation of ending retained earnings balance after closing:</u>

The balance in ending retained earnings after closing can be calculated as follows:

Balance in retained earnings account before closing $297,000

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Less: Dividends $18,000

Ending retained earnings balance after closing = $360,300

Hence, The balance in ending retained earnings after closing is <u>$360,300</u>






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On September 30, Franz Corporation notices a decline in value of its investment in held-to-maturity bonds that it believes to be
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See the explanation below.

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                                                                        62, Charlton Street,

                                                                        Ibadan, Oyo State,

                                                                        Nigeria.

                                                                        14 May 2020.

The Accounting Officer,

XYZ Company,

Ibadan, Oyo State,

Nigeria.

Dear Sir,

Complaint Lodgment Over an Unexpected Error in My Bill

This is to bring to your notice an unexpected error of $9 over charge in the consumable items I purchased from your store yesterday, 13 May 2020.

From my recalculation of the total amount for the purchased item, I could observed that the error was due to a transposition of figure by your cashier; he charged me a total sum of $76 instead of $67.

Copies of the invoice and the payment receipt for the items are hereby attached to this letter for your verification. After your verification, kindly get back to me so that I can come to your office for the refund.

I look forward to receiving your usual timely response.

Yours sincerely,

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