At what level of output does the marginal benefit the equal marginal cost in this video's example?
a) 2,000
b) 3,000
c) 4,000
d) 5,000

Answers

Answer 1

At  3,000 level of output does the marginal benefit the equal marginal cost in this video's example

What is meant by marginal cost?

The change in overall cost caused by an increase in the amount produced, or the price of producing more, is known as the marginal cost.  It can refer to an increase of one unit of output in some settings and to the rate of change of total cost as output increases by a tiny amount in others.

The marginal cost is the slope of the total cost, or the rate at which it rises with output, and is shown in Figure 1 to be measured in dollars per unit while total cost is shown to be in dollars. The difference between average cost, which is the entire cost divided by the quantity of units produced, and marginal cost is that latter.

The overall costs involved in producing an additional good are what is referred to as the marginal cost. Therefore, it can be evaluated by changes in the costs associated with each extra unit. Marginal Cost is calculated as Total Expense Change / Unit Production Change.

Hence, At  3,000 level of output does the marginal benefit the equal marginal cost in this video's example.

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Related Questions

The _____ ignores support department interactions and assigns support department costs only to the producing departments.

Answers

The direct method ignores support department interactions and assigns support department costs only to the producing departments.

The direct allocation method is a technique for charging the cost of service departments to other parts of a business.

The method is easy to implement, but it ignores the fact that other service departments require services from each other, so it's less accurate.

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Economies of scale imply that within some range one can increase the size of operation and?

Answers

Economies of scale imply that within some range one can increase the size of operation and the average total cost will go down.

What is Economies of scale?In microeconomics, economies of scale refer to the cost advantages that businesses experience as a result of their size of operation. These cost advantages are often quantified by the amount of output generated in a given amount of time. An expansion in scale is made possible by a drop in the cost per unit of output.There are two different kinds of economies of scale: internal and external. When compared to external economies of scale, which arise as a result of more significant developments outside the organization, internal economies of scale are firm-specific or created inside. Despite the fact that both lead to lowering marginal costs of production, the overall consequence is the same.

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The assigns punishments to companies whose employees are involved in forms of workplace deviance. True or false?.

Answers

The U.S Sentencing  Commission assigns punishments to companies whose employees are involved in Serious forms of workplace deviance.

What are workplace deviance?

In group psychology, workplace deviance is defined as the conscious (or purposeful) desire to hurt an organization, more especially a workplace. In the area of organizational communication, the idea has grown to be crucial. The phrase "voluntary conduct that breaches established standards and, in doing so, harms the organization's well-being" is more accurate. People frequently form psychological contracts with their firms, and as a result, employees frequently develop a set of expectations about their job. The employee may "perceive a psychological contract violation by their employers" when expectations are not met.

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What summary measures would be appropriate to describe the variable 'lowbt'?

Answers

There are four repeatedly used measures of variability: the range, interquartile range, variance, and standard deviation. The standard deviation is the most typically used and the most important measure of variability.

How do you measure variables in research?

Statistical variables can be calculated using measurement instruments, algorithms, or even human control. How we measure variables is called the scale of dimensions, and it affects the type of analytical techniques that can be used on the data, and decisions that can be drawn from it.

Standard deviation uses the mean of the allocation as a reference point and measures variability by regarding the distance between each score and the mean.

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For the last 10 years, megan has made regular semiannual payments of $1,624.13 into an account paying 1.5% interest, compounded semiannually. if, at the end of the 10 year period, megan stops making deposits, transfers the balance to an account paying 2.3% interest compounded monthly, and withdraws a monthly salary for 5 years from the new account, determine the amount that she will receive per month. round to the nearest cent. a. $616.39 b. $615.21 c. $39,079.25 d. $39,154.16 please select the best answer from the choices provided a b c d

Answers

At the end of the 10 year period, Megan stops making deposits, transfers the balance to an account paying 2.3% interest compounded monthly, and withdraws a monthly salary for 5 years from the new account, the amount $616.39  she will receive per month.

All you would like is your passport and money for the initial deposit. you will even be asked to point out proof of a German address. they're going to scan it and your account balance will update immediately! Find your nearest PENNY Market or Pam store (Pam supermarkets, Pam superstores, Pam Panorama and Pam local) within the N26 app and take a look at it.

Due to differences within the U.S. Unlike in Europe, where they're provided by MasterCard, N26 uses Visa cards for U.S. customers. A balance transfer allows you to transfer the balance from one mastercard or store card, where you'll be paying interest, to a different mastercard.

For example, moving your debt to a mastercard with a zero percent introductory APR offer in the end semiannual payments transfers is one strategy that might facilitate your reduction or pay off the debt, interest-free for the introductory period.

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14. Fine Exporters Limited, a leading exporter from Ahmedabad, exports ready made cotton garments to
European market regularly. The factory received an order to deliver an order worth Rs. 25,00,000 within
4 weeks to a client based in Germany. Unfortunately there is acute power crisis in the city and so the fac-
tory faces several power cuts during the day. The owners of the business promptly invest in a generator
to overcome this problem by incurring a heavy expenditure of Rs.2,00,000. Due to this, despite the power
cuts, the business is able to deliver its order to the German client on time.
What does this highlight?

Answers

It highlights sunk cost which is a previously incurred expense that cannot be recovered.

A sunk cost is a previously incurred expense that cannot be recovered. These costs should not be considered in decision-making. A sunk cost varies from future costs that a company may face, such as inventory purchase costs or product pricing decisions. Sunk costs are exempted from future company choices as they will remain constant regardless of decision outcome. A manufacturing company, for example, might have a number of sunk costs, such as the expense of machinery and equipment, as well as the cost of factory lease. Institutions should only take into consideration the following costs when making financial decisions, which include future costs that must still be incurred.

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Expansion of competitive boundaries which allows customers many choices is called a?

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Expansion of competitive boundaries which allows customers many choices is called a: global economy.

What is a global economy?

A global economy is also referred to as globalization and it can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace, especially through an expansion of competitive boundaries.

Basically, a global economy makes it possible for various companies to produce goods and services that are being used by consumers across the world.

This ultimately implies that, a global economy leads to economic prosperity for various companies in different countries because it ensures an increase in market efficiency while creating employment opportunities for the people who are seeking employment in that country, as well as the availability of numerous choices to consumers.

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A developer has approvals to start construction on a subdivision with 19 lots. what type of exemption means he probably won't have to provide disclosure reports to the government or buyers?

Answers

A full statutory exemption means he probably won't have to provide disclosure reports to the government or buyers.

laws and rules governing lead

Several laws pertaining to lead have been passed by Congress. These regulations cover lead in air, water, paint, dust, and soil, as well as lead waste disposal. In accordance with these rules, EPA is addressing lead contamination and the problems it causes in a variety of ways, including by developing and implementing regulations. In order to assist the regulated community in complying with the regulations, EPA also provides policy and guidance publications.

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Break-even analysis for a service company involves:________
a. units of product manufactured.
b. units of product sold.
c. profit margin.
d. unit of analysis.

Answers

Break-even analysis for a service company involves unit of analysis.

What is Break-even analysis?

Break-even analysis calculates a company's margin of safety  and compares it to the revenue the company generates and its associated costs. In other words, the analysis shows the turnover required to cover operating costs. Break-even analysis determines the level of revenue required to cover the company's total fixed costs by analyzing different price levels in relation to different levels of demand. A seller's selling power is revealed to a large extent by  demand-side research.

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What is the price of a coupon bond that has annual coupon payments of $75, a face value of $1000, interest rate of 5%, and a maturity of two years?.

Answers

The price of a coupon bond that has annual coupon payments of $75, a face value of $1000, an interest rate of 5%, and a maturity of two years is $1046.49.

In finance and economics, interest is the price from a borrower or deposit-taking economic group to a lender or depositor of a quantity above compensation of the predominant sum, at a particular price. it is distinct from a fee that the borrower may pay the lender or some third birthday celebration.

Interest is defined as the quantity of money paid for the usage of a person else's cash. An example of the hobby is the $20 that changed into earned this yr on your savings account. An instance of interest is the $2000 you paid in interest this 12 months on your own home mortgage.

The payment of the hobby makes up for this inconvenience. 2nd, a borrower may additionally default at the mortgage.

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Characteristics of a functional financial market include being of sufficient size, liquidity, and _____. (Select all that apply.)

Answers

A healthy financial market has the following characteristics: enough size, liquidity, operational effectiveness, safety, and transparency.

How Do Financial Markets Work?

Financial markets, which include the stock market, bond market, currency market, and derivatives market, among others, are any marketplace where trading in securities takes place. For capitalist economies to run smoothly, financial markets are essential.

What Kinds of Financial Markets Are There?

The stock market, bond market, foreign exchange market, commodities market, and real estate market are a few examples of financial markets and their functions. Financial markets can also be divided into listed vs. OTC markets, primary vs. secondary markets, capital markets, money markets, and listed vs. money markets.

How Do the Financial Markets Function?

All financial markets operate primarily by bringing together buyers and sellers of some asset or contract and allowing them to transact with one another, despite encompassing a wide range of asset classes and having a variety of structures and laws. This is often done through an auction or price-discovery method.

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Social security and medicare are examples of:____.
a. free market functions.
b. market failures.
c. governmental interventions.
d. capitalism.

Answers

Answer:

c. governmental interventions

Underpinning many retributive views of capital punishment is a kantian emphasis on?

Answers

He exemplifies Pure retributivism about capital punishment, He claims that a murderer killing someone with an intense offense should be punished till death.

In this Idea of Kant, we came to know that he imposes capital punishment to deliver justice to all the citizens equally.

One who has committed sin must be punished.Murderers should be punished with death.Retributivism's idea is to deliver the same as what he has performed.Its main idea is to provide the baseline equality which doesn't exist in society anymore.

Utilitarian Idea of punishment is about that they say, as punishment causes serious health and also due to punishment one suffers therefore punishment is wrong.

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The short-run aggregate supply curve shifts to the right? when production costs rise when production costs fall when exchange rates rise when exchange rates fall

Answers

Answer:

In this lesson summary review and remind yourself of the key terms and graphs related to short-run aggregate supply. topics include sticky wage theory and menu cost theory, as well as the causes of short-run aggregate supply shocks.

______ decisions affect how the firm is run from day to day; they are the domain of operations managers, who are the closest to the customer.

Answers

Operational decisions affect how the firm is run from day to day; they are the domain of operations managers, who are the closest to the customer. Hence, the correct answer is operational decisions.

What is an operational decision?

Operational decisions are those decisions that are adjusted on several occasions as situation demands in correspondence to the current external and internal conditions, which usually have impacts for no longer than a year or even a day.

Therefore, the correct answer is as given above

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If a firm has fixed costs of $250,000, a market-based selling price of $50 per unit, and it expects to sell 20,000 units, how low must its variable costs be to break even?

Answers

The variable costs would have to be as low as $37.50 to break even

What is break-even units?

The breakeven units, which is the number of units the company has to sell to ensure its total costs are the same as the revenue can be determined as the fixed costs divided by the contribution margin per unit, which is the market-based selling price minus the variable cost per unit

break-even units=fixed costs/(market-based selling price-variable cost)

break-even units=its target sales units=20,000

fixed costs=$250,000

market-based selling price=$50

variable cost per unit=unknown(assume it is VC)

20,000=$250,000/($50-VC)

20,000*($50-VC)=$250,000

$1,000,000-20000VC=$250,000

$1,000,000-$250,000=20,000VC

$750,000=20,000VC

VC=$750,000/20,000

VC=variable cost=$37.50

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When a customer does not understand his or her role in the service delivery process, he or she is contributing to provider:_____.

Answers

When a customer does not understand his or her role in the service delivery process, he or she is contributing to provider: Gap 3

What is the Gap 3?

Gap 3 : The chasm between service quality requirements and actual service provision

The service members may encounter situations that cause this gap. It could happen as a result of poor training, inability, or reluctance to uphold the required service standards. It could result from ineffective evaluation and compensation systems. This disparity is primarily due to ineffective recruitment.

This gap may be caused by a failure to balance supply and demand. Also lacking are context, perceived control, and empowerment. An illustration would be a restaurant that communicates highly stringent criteria for the food it serves, but the personnel might not receive the right training on how to adhere to those standards.

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Firms must provide the right incentives if they are to get __________ to focus on long-run value maximization.

Answers

Firms must provide the right incentives if they are to get managers to focus on long-run value maximization.

Conflicts arise between managers and debtholders as well as between managers' clients, the shareholders, and those clients. Maximizing shareholder wealth may clash with managers' personal objectives.

A manager is someone who is in charge of monitoring and inspiring workers as well as guiding the development of a company. The person in charge of customer service, who resolves client complaints, and who watches over and manages customer service representatives is an example of a manager.

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________ is the amount at which a liability could be incurred or settled in a current transaction between willing parties.
a. current value
b. fair value
c. settlement value
d. income value

Answers

In a current transaction between willing parties, income value is the maximum amount at which a responsibility could be assumed or settled.

Investors who focus on income value are comparable to those who invest in core value, with the exception that they are equally concerned with the dividend yield and the low valuation ratios of the equities they buy. As a result, Income Value portfolios frequently display current income that is above average and low PE ratios.

What is a dividend stock?

Income stocks are securities that, over time, and with little risk exposure, provide regular and consistent income, typically in the form of dividends. The majority of the security's overall profits may be produced by the high yield that income equities often offer.

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A ______ driven project portfolio system can reduce or eliminate the impact of problems in project implementation.

Answers

A priority driven project portfolio system can go a long way to reduce, or even eliminate, the impact of these problems.

What is the significance of project management?

Project management refers to the process of using specific knowledge, skills, tools and techniques to deliver something of value to people.

Project management is the application of processes, skills, methods, knowledge and experience in such a deliberate way to achieve specific project objectives.

Basically, project management works according to the project acceptance criteria within agreed parameters.

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As long as you receive the same amount, is a sum of money worth the same today and one year later?

Answers

As long as you receive the same amount, is a sum of money worth the same today and one year later the time value of money.

What is value of money?

The demand for money, like the value of commodities and services, determines the value of money. What people are willing to exchange for it and how much there is of it both serve as indicators of a currency's value. If you can earn 10% interest, for instance, $100 today is worth $110 after a year. So, a $100 payment made today is equal to a $110 payment made over a year. The $10 in interest that $100 could earn during that time period is its time value.

therefore,

As long as you receive the same amount, is a sum of money worth the same today and one year later the time value of money.

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If a company's formal communication network contains many levels of hierarchy:__________

Answers

If a company's formal communication network contains many levels of hierarchy upward and downward communication tend .

What is formal network of communication?

Formal communication networks are arrangements of connected individuals and systems that use official channels for information exchange and communication.

What are four types of formal communication network?

The way that employees communicate with one another within an organization is referred to as a communication network. The wheel network, chain network, circle network, and all-channel network are four examples of various sorts.

Types of formal communication-

Memos.Intranet.Meetings.Conferences.Formal One-on-Ones.Bulletin Boards.Handouts.

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The one thing that unites all economists is their use of? a. organizational design. b. the rational-actor paradigm. c. incentives. d. organizational history.

Answers

The correct answer is (b) the rational-actor paradigm.

The rational-actor paradigm is the one concept shared by all economists.

How do paradigms work?

The Greek origin of the word indicates a notion of pattern, model, or precedent when trying to define what a paradigm is. In the contemporary world, a worldview or common understanding of reality is central to the definition of a paradigm. A theoretical paradigm is a set of accepted ideas or a frame of reference, whereas a scientific paradigm is a set of filters used by researchers in the planning, analysis, and interpretation of experiments. In a nutshell, a paradigm is a framework of assumptions, concepts, and beliefs that serves as a lens through which to view reality.

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Ending finished goods inventory selling expenses administrative expenses what is the gross profit?

Answers

Gross Profit = Revenue - Cost of Goods Sold is the formula for calculating gross profit.

What is Gross profit?

Gross profit is the amount of money your company makes after paying its expenses. Your net profit is your earnings after all expenses have been paid. The money that remains after an organization has paid for the products and services it sold is known as gross profit. The amount that is left over after all costs and taxes have been paid is the company's net profit.

The profit a company makes after deducting all of the expenses involved to producing and offering its goods or services is known as gross profit. The cost of goods sold (COGS) is subtracted from your total sales to determine gross profit.

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A market ______ growth strategy focuses on increasing sales of the firm's current products to its current target markets. multiple choice question.

Answers

A market product growth strategy focuses on increasing sales of the firm's current products to its current target markets.

A product growth strategy increases sales looking all the prospects of the department rather than focus on only one department of the firm. It develops the firms production process in all aspects.

The strategy is made and planned according to the current market conditions to achieve its desired targets and get the maximum profit out of the production process that is taking place in the firm which in turn increase sales of the firm by increasing consumers demand.

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A common challenge writers face with adjustment letters is deciding whether or not to issue an _________________ as part of the message.

Answers

A common challenge writers face with adjustment letters is deciding whether or not to issue an apology as part of the message.

What is apology?

An apology is an expression of regret or remorse for one's acts, while making an apology is the manner of creating apologies. it is able to be known as announcing sorry in informal settings. The cause of creating an apology is regularly to are seeking forgiveness, reconciliation, and the repair of the connection between the parties to a war.whilst one individual has insulted the opposite, the nature of apologizing includes at least  different folks.The attribution principle states that presenting an apology as quickly as viable reduces discussion war of words and improves verbal exchange pleasure. The outcome and the technique of forgiving are impacted by using how the apology is added. as an example, expressing honest remorse in an apology normally helps a quicker decision of conflicts and the eradication of unsightly emotions. there are many ramifications and moral guidelines that organizations and organizations may adhere to while coping with a crisis.

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After posting all journal entries to accounts. the sum of accounts with debit balances should equal the sum of accounts with credit balances. True or false

Answers

Until all journal entries have been made to accounts. The total of the accounts with debit balances and the total of the accounts with credit balances should be equal. True

What is an entry in a journal?

An accounting record for a business uses a journal entry to document a commercial transaction. The general ledger is where journal entries are often made, however they can also be made in a subsidiary ledger and subsequently rolled forward into the general ledger after being summarized. The business's financial statements are then produced using the general ledger.

Every business transaction must be recorded in at least two places in order for a journal entry to make sense (known as double entry accounting). When you make a cash sale, for instance, both the revenue account and the cash account are increased. Alternatively, if you purchase items on credit, the inventory account and accounts payable account are both increased.

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The principles and assumptions that the management of a company uses to record and report its financial information are called?

Answers

Answer:   GAAP - Generally Accepted Accounting Principles

Explanation:

What is GAAP ?

A group of commonly followed accounting rules and standards for financial reporting is known as generally accepted accounting principles (GAAP or US GAAP). The objectives of GAAP, the standard set by the U.S. Securities and Exchange Commission (SEC), include rules related to every industry as well as descriptions of concepts and principles. GAAP is intended to ensure that financial reporting is fair and accurate throughout all organizations.

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The guiding principles and presumptions that a company's management employs to record and disclose its financial information are referred to as GAAP (Generally Accepted Accounting Principles).

"Generally recognized accounting principles" are a set of regularly used accounting guidelines and requirements for financial reporting. The objectives of GAAP, the standard set by the U.S. Securities and Exchange Commission (SEC), include rules for every industry as well as explanations of concepts and principles.

GAAP seeks to provide fair and honest financial reporting for all businesses.

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A chain of activities performed by the organization to transform inputs into outputs valued by the customer is:__________

Answers

A chain of activities performed by the organization to transform inputs into outputs valued by the customer is Value Chain

What is the value chain of an organization?

A value chain is a set of activities that an organization carries out to create value for its customers. Porter proposed a general-purpose value chain that companies can use to examine all of their activities and see how they're connected.A value chain analysis is when a business identifies its primary and secondary activities and subactivities, and evaluates the efficiency of each point. A value chain analysis can reveal linkages, dependencies, and other patterns in the value chain.The value chain concept was first described in 1985 by Harvard Business School professor Michael Porter, in his book Competitive Advantage: Creating and Sustaining Superior Performance.

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When an employee complains to his or her employer about racial harassment, the employer should:________

Answers

When an worker complains to his or her organisation about racial harassment, the company ought to take action on that and make sure that no racial harassment occur within the employees.

What is racial harassment in workplace?

Racial harassment includes unwelcome and racially offensive behavior in the workplace. The harasser can be your supervisor, a supervisor in another area, a co-worker, or any one who does not work for your employer, such as a consumer or customer.

What qualifies as harassment?

Harassment can consist of things like verbal abuse, bullying, jokes, making faces and posting comments about you on social media. It also includes sexual harassment.

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Nellie whirls a tether ball in a horizontal circular path over her head. if the action force is nellie pulling on the string, the reaction force is:________ A nurse is caring for a client whose serum potassium level is 2.6 meq/l (2.6 mmol/l). the nurse anticipates which intervention will be prescribed? Compare the melting point and the melting temperature range of a pure substance and an impure substance. for a pure substance, the melting temperature range is:________ Application of the cost-benefit principle would lead one to purchase a _______ computer because _______ . how do i make friends at school significado Tenga la amabilidad What does "When you turn off your computer, don't turn off the computer screen until you hear the power button turn off." mean? Qiaochu purchased a parcel of land costing $67,900. today, that land is valued at $64,800. how long has she owned this land if the price has been decreasing by 1.5 percent per year? Miranda simplified the expression 5x+9y-4. She says the answer is 10xy. What error did Miranda make while combining like terms?What should her answer be? Exercise 2 Write D.O. above the direct objects and I.O. above the indirect objects. She offered the class her opinion. if the nth term of a number sequence is n squared-3, find the first 3 terms and the 10th term What is the variable of 3x - 5y? A teacher who has done a lot in your community to promote inclusivity is retiring. In an essay format, write a tribute about him or her, celebrating his or her work and pointing out the changes he or she has made and the impact it has had on the community. You are expected to do some research for this essay. Please use research information that supports your central idea and acknowledge all the sources you have consulted. Include the first draft of your essay to show that you have edited your essay. This may be a handwritten edited draft or a Word document with track changes. (5) Write the final draft and include it in your assignment. (50) Your essay should be about 500 to 600 words and will be assessed according to the essay rubric in Addendum E. TOTAL: 100 Enclose the error in solving the polynomial multiplication. Then correct it. Correction: In a solar day, the sun comes back to the same place in the sky but, in relation to the distant stars, the earth actually rotates. I need help on question 1-6 pleaseIll mark brainlist If three molecules of tetrodotoxin have a mass of 1.59 x 10-21 g, what is the molecular formula of tetrodotoxin? If an agent does not comply with the requirement of conducting a visual inspection of a property, how long after possession does the buyer have to file a suit? From a business perspective, raw data is transformed systematically during various stages, transforming it into valuable information, in a process called:__________ Help plss If m/ABF = 8w - 6 and m/ABE = 2(w + 11), find m/EBF.B