Marginal cost increases as the quantity of output increases. This reflects the property o

Answers

Answer 1

The property of marginal cost increasing as the quantity of output increases is known as diminishing marginal product.

What is diminishing marginal product?

Diminishing marginal product states that says as more units of a variable input of production is added to a fixed factor of production, output might increase initially but after a point total output would increase at a decreasing rate and marginal product would begin to decrease.

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Answer 2

Marginal cost increases as the quantity of output increases. This reflects the property of diminishing marginal product.

What do you mean by Marginal cost?

Marginal cost refers to the change in total production cost by producing one additional unit.

A company can maximize its profits by producing to where marginal cost equals marginal revenue. The law of diminishing marginal product where an advantage can be gained for a factor of production.

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Related Questions

12. Currency is useful in that it serves as

A. a hedge against inflation.
B. a convenient way to save money.
C. a medium of exchange.
D. all of the above.

Answers

I think the answer is C- a medium of exchange

What are cultural, control, and organizational variables that are utilized by decision makers to effect change in their organization known as?.

Answers

Answer:

managerial levers

Explanation:

Krysta, who manages the is organization for her company, is continually striving to expand is services and capitalize on the latest technology developments to support her company's business plans through the coming months. her is organization is perceived as a _____.

Answers

Based on the goals of the IS organization that Krysta manages, it can be perceived as a business partner or peer.

What is a business partner or peer?

This is a business established by a company to help it achieve its goals by engaging in alternative technological developments that will be beneficial to the parent company.

Krysta is managing an organization that helps her company to strive for more excellence which makes this a business partner.

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How can a market be segmented using demographics?

Answers

Here is a Answer to your question:

Demographic segmentation divides the market into smaller categories based on demographic factors, such as age, gender, and income. Instead of reaching an entire market, a brand uses this method to focus resources into a defined group within that market.

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Hope this was helpful

what are the ources of information and communication?Describe​

Answers

Answer:

One of the fundamental ideas in communication and information processing is the source or sender. Sources are objects that encode message data and transmit it to one or more observers over a channel (or receivers).

______ risk is reduced as more securities are added to the portfolio. Multiple select question. Marketwide Diversifiable Unsystematic Company-specific

Answers

Answer:

a. diversifiable b. company-specific d. unsystematic

Explanation:

How does your state’s on-time payment record compare to the national rate?

Answers

It should be noted that my state’s on-time payment record is high compare to the national rate.

What is a credit score?

A credit score serves as a numerical expression based on a level analysis of a person's credit files.

This is a term that to represent the creditworthiness of an individual after his account has been checked.

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What type of negotiation strategy requires the supplier to open its books to the purchasers?.

Answers

Answer:

Cost-based price model

Explanation:

1 2 3 4 5 6 7

question #4

multiple choice

new urbanists believe that successful and sustainable communities are those in which people of all races and socioeconomic levels live

more closely together in areas of mixed land-use strategies that incorporate housing, retail, commercial, and administrative buildings in

the same municipal zones. which principle does new urbanism directly contradict?

1. euclidean zoning

2. contract zoning

3. incentive zoning

4. regional planning

Answers

Answer:

Food insecurity exists when communities experience inconsistent access to adequate food due to lack of money and other resources. While

Explanation:

Food insecurity exists when communities experience inconsistent access to adequate food due to lack of money and other resources. While

PLEASE HELPP!!!
upload your table, and explain if you believe all businesses should have the same promotional strategies. Why or why not?

Answers

Answer:

No they should not all have the same promotional strategies. Some businesses have different goals, and different strategies can serve different goals. Different goals could be spreading awareness/widening shopper demographics, creating more demand for your products, etc. There are different promotional strategies for different purposes.

Explanation:

Answer:

Businesses should use different types of promotional strategies. Most businesses have different goals, and each strategy serves specific goals. There are different promotional strategies for different purposes. A company should research the best strategy for its target market and end goal.

Explanation:

I take an highschool business class!

Please don't copy word for word, this is just for inspo!

When social security is taken out of your paycheck, is all of that money being saved for your eventual retirement? how does that work?.

Answers

When social security is taken out of one's paycheck, not everything is saved for retirement.

What is social security?

Social security is simply designed to pay retired workers that are 65 years and older.

In this case, social security is taken out of one's paycheck, not everything is saved for retirement. They are put in place to provide payments to those with limited incomes.

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How much does it cost to open a chick-fil-a franchise?.

Answers

Answer: between $342,990 and $1,982,225, including a $10,000 franchise

Explanation:

Answer:

between $342,990 and $1,982,225, including a $10,000 franchise fee.

Opening a Chick-fil-A franchise costs between $342,990 and $1,982,225, including a $10,000 franchise fee, but unlike most other franchisors, Chick-fil-A covers all opening expenses, meaning franchisees are on the hook only for that $10,000.

If the quantity supplied is greater than the quantity demanded, what must happen to the price in order to reach
equilibrium?

Answers

Answer:

the price of the product will decrease to meet equilibrium

Explanation:

in order to meet it, it has to decrease.

Answer:

The price of the product will decrease to meet equilibrium.

Explanation:

The price of the product will increase to meet equilibrium.

The price of the product will decrease to meet equilibrium.

Supply and demand must be raised.

Supply and demand must be lowered.

If stock prices go up and people feel richer, aggregate demand will: stay the same because there have been no changes to the underlying assets. Increase. Be unpredictable. Decrease

Answers

If stock prices go up and people feel richer, aggregate demand will increase.

What is the wealth effect?

The wealth effect is an economic theory which postulates that consumer spending increases when consumers perceive that their is an increase in the value of their assets(wealth). Consumer spending increases even if there is no increase in income.

So when the stock prices increases, aggregate demnand would increase.

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If stock prices go up and people feel richer, the aggregate demand will increase with the corresponding increase in the price level.

What do you mean by Price Level?

Price Level refers to an average of current prices across the goods and services that are produced in the economy. Price levels refer to one of the most economic indicators in the world.

Aggregate demand will increase when the stock prices go up. Aggregate demand should increase when the components of the aggregate demand that including consumer spending, investment spending, government spending, and spending will rise.

Therefore, the aggregate demand will increase when the stock prices go up and people feel richer.

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What criteria cannot be used to create a custom segment?.

Answers

Answer:

When a report is based on data from a large number of sessions you may see the following notice at the top of the report This report is based on  sessions.You can adjust the sampling.

Explanation:

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Kelly is purchasing a property that has an assessed value of $160,000. If the tax rate is 2.5%, what will Kelly likely pay annually in property taxes

Answers

Given that the tax rate is 2.5%, then, the amount that Kelly will likely pay annually in property taxes is $4,000.

What is a property tax?

This is a type of tax imposed on the purchase of property in a particular region.

Given data

Assessed value is $160,000

Tax rate is 2.5%

Tax payable = $160,000 * 2.5%

Tax payable = $4,000

Therefore, the tax payable on the property is $4,000.

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If making your family and friends a priority is important to you, you value
O responsibility
O compassion
O relationships
O none of the above

Answers

Answer:

Relationships.

Explanation:

We maintain ourselves worth by trying to please excel meditate and even control or change ourselves to be closer to the people we love most.

In 2009 dollars, u. S. Gdp was $1057 billion at the start of the great depression but fell to $778 billion by 1933. What percentage decline does this represent?.

Answers

The percentage decline in the US GDP from 1933 to 2009 is 26.4%.

What is the percentage change in US GDP?

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

Percentage change in GDP = (778/1057)- 1 = 26.4%

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A corporate charter: Multiple select question. names the board of directors. specifies the number of shares outstanding. is required only for publicly-traded corporations. describes the business activities. specifies the shares of stock to be issued.

Answers

The document called a corporate charter serves a formal purpose as its:

names the board of directors.specifies the shares of stock to be issued.describes the business activities.

What is a corporate charter?

It is a formal document that is required to be filed with the Secretary of State or registrar in order to establish a company as a corporation.

Hence, these document contains the names the board of directors, specifies the shares of stock to be issued and describes the business activities for formal purpose.

Therefore, the Option C, D and E is correct.

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Which organization oversees medicare and medicaid services.

Answers

Answer:

The CMS which is also known as " The Centers for Medicare & Medicaid Services " oversees Medicare and Medicaid services.

Given sales of $1,452,000, variable expenses of $958,320 and fixed expenses of $354,000, the contribution margin ratio is ______

Answers

Answer:

34%

Explanation:

( ($1,452,000 - $958,320) ÷ $1,452,000 = 34% )

If you wanted to open a restaurant, which space would likely
charge the most for rent?
O A famous Las Vegas casino
O A small neighborhood diner
O A medium space in a strip mall
A large warehouse in a rural area

Answers

A famous Las Vegas casino because it gets teh most revenue.

When profit targets are set by top managers, ______. Multiple select question. goals may be unrealistically high employee motivation will increase strategic direction may be insufficient too much slack may be allowed

Answers

When profit targets are set by top managers, goals may be unrealistically high and

too much slack may be allowed.

What is profits target?

A profit target is that amount or point where an investor or organization will get to and they would have harness or get their profits over an investment.

At this point, the organization may exit the business but the target must be realistic.

Therefore, When profit targets are set by top managers, goals may be unrealistically high and

too much slack may be allowed.

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The main goal of the ________ is to motivate employees to improve team- or company-level efficiency.

Answers

Answer:

ProMES

Explanation:

Why is it important to file your federal incomes taxes every year?.

Answers

Answer:

Avoid losing future refunds.

Explanation:

Part or all of any refund is first used to pay any back taxes owed. Safeguard credit. If the IRS files a tax lien against a taxpayer, it could affect credit scores and make it harder to get a loan.

In which scenario can a firm pay part, but not all, of its fixed costs and should therefore continue producing even though it is experiencing a loss

Answers

The scenario where a firm pay part, but not all, of its fixed costs is when the price exceeds average variable cost but is less than average total cost.

What is a fixed cost?

It should be noted that a fixed cost simply means a cost that doesn't vary with the production level.

In their case, the scenario where a firm pay part, but not all, of its fixed costs is when the price exceeds average variable cost but is less than average total cost.

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Assume you borrow money to buy a new car at 10 percent interest, and you think that the economy-wide rate of inflation over the life of the loan will be 8 percent. If you are correct in your assumption, your real rate of interest on the car loan will be

Answers

Answer:

The answer is   2%

Explanation:

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Which eoc configuration allows personnel to function in the eoc?.

Answers

Answer: The Departmental Structure allows personnel to function in the EOC with minimal preparation or startup time.

Explanation:

What states have the highest percent of their credit economy with prime credit scores?.

Answers

Answer:

I think Mississippi

Explanation:

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How have the television industry and/or developments in digital technology recently changed the way we view series, if at all

Answers

The television industry and/or developments in digital technology has recently changed the way people relate to movies, books, and radio.

What is Digital technology?

Digital technology can be define as an electronic system or instrument that help in processing and storing of data or information.

The invention of digital technology has change  the way people view things as poeple can now use their system or mobile devices to watch series of content online instead of being limited to few channel while watching the television.

Example with the impact of digital technology people can now subscribe online to watch movies by using their data to watch different movies of their choice.

Inconclusion developments in digital technology has recently changed the way people relate to movies, books, and radio.

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