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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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Why is it important to compute real GDP?
levacccp [35]

Answer:

C. To find out if there is a change in the actual number of goods, services, and structures produced from one year to the next

Explanation:

Real GDP calculates the monetary value of all goods and services that a country produce within one year after adjusting it to inflation or deflation.

Knowing Real GDP often used as a measurement to find out the economic growth of a country. If the Real GDP is increased, it indicates that the people in that country become more productive and it is most likely that their disposable income is also increased.

3 0
3 years ago
Name two arguments that support international trade.
sergij07 [2.7K]
(Two arguments that support IT) - 1: people will still continuing to vote or trade other countries, 2: people will get good wages with their trades. (Two arguments that do not support IT) - 1: upon their trades, they will get high taxes, 2: some people trades that was stolen from the society. In my opinion the world and the USA are usually similar, in fact USA will eventually hated the IT because the Russians and its friends and at Middle East still continuing and make an agreement to other neighbor countries and the worst part they are still continuing trading weapons, or parts of the nuclear weapon.
7 0
3 years ago
Read 2 more answers
Lidell Inc. budgeted production of 48,000 personal journals in 20Y6. Each journal requires assembly. Assume that three minutes a
mote1985 [20]

Answer:

Direct labor cost= $31,200

Explanation:

Giving the following information:

Production= 48,000 units

Standard time= 3 minutes per unit

Rate= $13 per hour

First, we need to calculate the number of hours required:

The proportion of minuted per hour= 3/60= 0.05

Number of hours= 48,000*0.05= 2,400 hours

Now, the direct labor cost:

Direct labor cost= 2,400*13= $31,200

7 0
3 years ago
Given your understanding of cash flow, financial statements, ratio analysis and time value of money, provide an example of why t
Alla [95]

Answer:

The best example I can think of that would integrate all of these concepts is when a business is looking to finance some sort of project and they are seeking financing either through the issuance of bonds or a loan from a bank. Some of the concepts would be important to both parties, while others would be more important to one than the other.

Cash Flow

This would be important to both parties. The business, to make sure they have enough cash flow to pay for the financing. And the financiers, for the same reason.

Ratio Analysis

This would be important to both parties for the same reason as above. Especially the "current ratio" (current assets / current liabilities) and the "working capital" ratio (current assets - current liabilities).

Financial Statements

This would be of most importance to the financiers. They would want to see the total picture of a company's financial strength.

Time Value of Money

This would be of most importance to the company itself. They would want to know if the project was worth the total amount they would be paying on the bonds or the loan

5 0
3 years ago
A $200 petty cash fund has cash of $20 and receipts of $177. The journal entry to replenish the account would include a credit t
IRISSAK [1]

A $200 petty cash fund has cash of $20 and receipts of $177. The journal entry to replenish the account would include a credit to:

d. Cash for $180

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6 0
3 years ago
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