Altering the discount rate (B) can be considered to be a relatively weak tool of monetary policy.
Monetary policy is a set of tools made by a nation's central bank to promote sustainable economic growth through controlling the overall money supply available to the nation's bank, its consumers, and business. Monetary policy allows the central bank to control the amount of money supply in the market and economy.
Let's discuss every option we have.
Quantitative Easing or QE is a monetary policy where the central bank purchased as many as possible securities on the open market to achieve a desired outcome. Quantitative easing creates new bank reserves and providing bank with more liquidity. QE encourage bank to do more lending and investment. The central bank will implement QE when the economic growth of a country is stalled.
Altering the discount rate happens when the central bank decides to change the discount rate charge to the banks. Discount rate is the interest rate set by the central bank on loans extended by the central bank to other banks. However altering discount rate will not directly affect the money supply in the economy. Because the bank will only borrow money on discount rate from the central bank if they are unable to keep their reserve requirements after trying to borrow from other banks, which has lower interest rate than the discount rate.
Reserve requirements are the amount of cash that banks must keep on their account to ensure the banks' liquidity. Reserve requirements ensures that the bank is able to meet its liabilities in casse of sudden withdrawals. Reserve requirements will direcly affect the amount of lending the banks can provide to the market. This policy will affect the amount of money supply in the economy directly.
Reducing the money supply cannot be considered as a monetary policy tool. Reducing the money supply is one of the monetary policy objectives. The central bank may have 3 kind of objectives when making monetary policy:
To increase the money supply to encourage more spending in the economyTo decrease the money supply to decrease the inflationTo maintain the money supply to avoid further raised or overinflationLearn more about Monetary Policy here: https://brainly.com/question/28038989
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generating selective demand is the key promotional objective of which stage of the product life cycle?
Generating selective demand is the key promotional objective. Where there is an unconditional contract for the sale of specific goods in a deliverable state.
The property in the goods passes to the buyer when the contract is made, and it is immaterial whether the time of payment of the price or the time of delivery of the goods, or both, is postponed.
Specific goods to be put into a deliverable state: When there is a contract for the sale of specific goods and the seller is required to take certain actions to put the goods into a deliverable condition, the property does not pass until those actions are taken and the buyer is informed of them.
specific products that must be delivered when the seller must take action to determine price.—
When a seller is required to weigh, measure, test, or perform another thing with regard to the goods in order to determine the price under a contract for the sale of specified commodities in a deliverable state, the property does not transfer until that obligation is met.
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duggins veterinary supplies can issue perpetual preferred stock at a price of $70 a share with an annual dividend of $5.60 a share. ignoring flotation costs, what is the company's cost of preferred stock, rps? round your answer to the nearest whole number.
Cost of Preferred stock = DPS / Share price = 70/5.60= 12.5 . the rounded value will be 13.
Preferred Stock is a type of stock that resembles debt in certain ways, such as having a par value and a fixed dividend payment. Additionally, preferred investors have precedence over the company's assets in the event of a prospective liquidation, as opposed to regular stockholders. Preferred investors often do not have voting rights, in contrast to regular stockholders, who have more rights. 1 Preferred stock contains aspects of both debt and equity since it pays set dividends and has the ability to increase in value.
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page(s) 612-613 18.3. what is the phillips curve? the phillips curve was first suggested as a description of the relationship between inflation and unemployment in the late 1950s, and data through the 1960s were consistent with its predictions. what happened in the 1970s?
The association is named after economist William Phillips, who noted in the 1950s that wages in the UK tended to increase more quickly when the unemployment rate was lower and stagnate when it was high.
What is the connection between unemployment and inflation?
Historically, there has been an inverse correlation between inflation and unemployment. The above implies that unemployment decreases as inflation increases. Conversely, higher unemployment results in lower inflation.
Over the course of the business cycle, Phillips' "curve" represented the typical relationship between unemployment and wage behavior. It displayed the rate of wage inflation that would happen over time if a particular level of unemployment persisted.
Therefore, For the majority of developed economies, economists quickly estimated Phillips curves.
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When a stock dividend is declared, which of the following accounts is credited?
A) Common Stock
B) Dividend Payable
C) Stock Dividends Distributable
D) Retained Earnings
The account that is credited when a stock dividend is declared is C) Stock Dividends Distributable.
How to record stock dividend ?When a stock is first declared then the record for this would be to first debit the Retained Earnings account. This is because the dividends come from retained earnings as part of profit.
The account that would be credited is the Stock Dividends Distributable. This account would act as the account that dividends are transferred to temporarily, until the dividends are paid. When this happens, this account is to be debited and cash, credited.
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Answer: C) Stock Dividends Distributable
Explanation:
which of the following are false? multiple answers: multiple answers are accepted for this question select one or more answers and submit. for keyboard navigation...show more a the demand for money is upward sloping. b the demand for money is vertical. c the supply of money is the positive relationship between the quantity supplied of money and the interest rate. d banks can create money. e banks can create money by printing federal reserve notes f the us money multiplier rises during recessions. g the demand for money is the inverse relationship between the interest rate and the opportunity cost of holding money.
The demand for money is vertical is false. Multiple answers are accepted for this question select one or more answers and submit for keyboard navigation.
Which of the following statements about an expansionary's immediate effect is true?Increases in aggregate supply and demand are the direct and indirect effects of an expansionary monetary policy, respectively. C. An expansionary monetary policy will enhance aggregate demand both directly and indirectly. The right response is this.
Which of the following is most likely to result in a rise in demand for money?The phrase "An Increase in Money Demand" depicts a rise in demand for money. A greater real GDP, a higher price level, a shift in expectations, a rise in transfer costs, or a shift in preferences could all contribute to such an increase.
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problem 14-20 wacc and npv [lo3, 5] lebleu, incorporated, is considering a project that will result in initial aftertax cash savings of $1.7 million at the end of the first year, and these savings will grow at a rate of 3 percent per year indefinitely. the firm has a target debt-equity ratio of .85, a cost of equity of 11 percent, and an aftertax cost of debt of 3.8 percent. the cost-saving proposal is somewhat riskier than the usual project the firm undertakes; management uses the subjective approach and applies an adjustment factor of 2 percent to the cost of capital for such risky projects. what is the maximum initial cost the company would be willing to pay for the project? (do not round intermediate calculations and enter your answer in dollars, not millions, rounded to the nearest whole number, e.g., 1,234,567.)
The maximum initial cost the company would be willing to pay for the project is $25,411,061.28
Explanation:
The calculation of the is maximum initial cost as per the following:
WACC = wd * rd * we * re
weight of the debt wd = 0.85 ÷ (1+0.85) = 0.85 ÷1.85
weight of equity we = 1 ÷ 1.85
After tax cost of debt, rd = 3.8%
The cost of equity = 11%
Now;
WACC = (0.85 ÷ 1.85) * 3.8% + (1 ÷ 1.85) 11%
1.745 + 5.945 = 7.69%
The discount rate would be
WACC + adjustment factor of + 2%
= 7.69% + 2% = 9.69%
PV of future cash flow is
= After - tax cash saving ÷ (K- G)
Where after - tax cash saving = 1.7 million
K = 9.69% per year
G = 3% per year
Therefore 170,00,00 ÷(0.0969 - 0.03)
=$25,411,061.28
The PV of future income is $25,411,061.28, in this way the organization ought to take on the venture.
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select the statement that best describes money's function as a standard of deferred payment.
money's function as a standard of deferred payment describes as a People are willing to accept a currency in the future as compensation for debts accrued earlier.
How does currency work?A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for instance banknotes and coins. A more general definition is that a currency is a system of money in common use within a specific environment over time, especially for people in a nation state. For example, under this definition, the British Pound Sterling (£), euros (€), Japanese yen (), and U.S. dollars (US$) are examples of ( Foreign exchange markets, which determine the relative values of the various currencies, are places where currencies can act as stores of value and be traded between nations. In this sense, currencies can be either those that users choose or those that governments establish, and each type has specific acceptance limits.
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vektek, inc. thinks machine hours is the best activity base for its manufacturing overhead. the estimate of annual overhead costs for its jobs was $820,000. the company used 1,000 hours of processing on job no. b12 during the period and incurred overhead costs totaling $840,000. the budgeted machine hours for the year totaled 20,000. how much overhead should be applied to job no. b12? group of answer choices $840 $41,000 $42,000 $820
Overheads should be applied to job no. b12 is $41,000.
Overhead rate is the ratio of indirect costs to direct costs, expressed as a percentage, that is used to calculate the total cost of a product or service. It is typically calculated by dividing all indirect costs associated with a project by the total cost of direct labor hours or materials.
Calculate the overhead rate by dividing the total estimated overhead costs by the total budgeted machine hours.
O/H rate = $820,000 ÷ 20,000 hours = $41 per machine hour
Step 2: Calculate the overhead to be applied to job no. b12 by multiplying the overhead rate by the actual machine hours used.
O/H to be applied to job no. b12 = $41 x 1,000 hours = $41,000
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the 3 possible strategies to strengthen the competitive approach are: group of answer choices stockholder satisfaction surveys offensive and defensive strategies vertical integration divestiture of all assets determine when to be a first mover/fast follower/late mover
The 3 possible strategies to strengthen the competitive approach are:
C. Surveys offensive and defensive strategies.
D. Vertical integration divestiture of all assets.
E. Determine when to be a first mover/fast follower/late mover.
As company, you should build some strategy to keep stabilization. A company's competitive strategy refers to the method to compete in the business areas the company operates. Competitive strategy can also states as how the company intends to make and hold a competitive advantage with respect to competitors.
The various of competitive strategy that you can follow, are:
Cost leadership strategy. Differentiation leadership strategy.Cost focus strategy. Differentiation focus strategy.The missing part in the question is shown below.
The 3 possible strategies to strengthen the competitive approach are: group of answer choices
A. Stockholder.
B. Satisfaction.
C. Surveys offensive and defensive strategies.
D. Vertical integration divestiture of all assets.
E. Determine when to be a first mover/fast follower/late mover.
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you are leading a team and some of your team members are requesting a flexible schedule while others want all team members to work on a fixed time schedule. your company allows both fixed and flexible time schedules. what should you do first to resolve this conflict?
You are leading a team and some of your team members are requesting a flexible schedule while others want all team members to work on a fixed time schedule. Arrange a meeting and help the teamwork it out should do first to resolve this conflict.
Time agenda approach a agenda protected as part of a agreement specifying the specified transport and related milestones and cut-off dates of provider with appreciate to the execution of Works and services.
Scheduling helps you reflect onconsideration on what you want to obtain in a day, week, or month, and it keeps you on track to perform your dreams. i am writing to schedule a assembly to [write what the purpose of your meeting is]. If the time works for you, I would like to fulfill at [time] on [date] at [place]. Please confirm whether that works for you or if over again and location is better. I sit up for our assembly.
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4. the camerons are both retired. they managed to run a highly successful nursery and want to pass it on to their children. the nursery covers almost 100 acres and is valued at $15,000,000. they are concerned over the fact that neither they nor their children have enough money to pay the estate tax. the estate tax rate is 45% on all assets transferred after the first $2,000,000. how much insurance do they need and what type of insurance is most appropriate?
life insurance is most appropriate and they should insurance of $3800000, he camerons are both retired. they managed to run a highly successful nursery and want to pass it on to their children.
life insurance is most appropriate and they sholud insurance of $3800000($15000000-11200000), because $11200000 is the exemption limit, A contract including insurance provides one party with protection from damages resulting from particular calamities or risks. It helps shield the insured person or their family from monetary loss. There are numerous varieties of insurance plans. The most popular types of insurance are life, health, car, and homeowners. The three most significant types of insurance—property, liability, and life—are then covered in more detail.
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Which type of account is best?O Certificate of Deposit (CD)
O Money Market Account
O Savings Account
O Checking Account
The type of account is best Savings Account.
Which account type is ideal?These are the finest kinds of bank accounts to use for retirement savings because they let you invest your money in the stock market, which offers the chance for higher returns than deposits in other kinds of bank accounts.
Money market accounts or CDs: which is preferable?Certificates of deposit (CDs) and money market accounts (MMAs) are two examples of interest-bearing savings accounts that are federally insured. Their costs and levels of accessibility, however, vary. Money is not accessible until the term is over with CDs, which often offer greater rates than money market accounts.
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Which of the following is not a current CRM trend?
A. Partner relationship management
B. Supplier relationship management
C. Employee relationship management
D. Distributor relationship management
C) Employee relationship management is not a current CRM trend.
CRM stands for Customer Relationship Management. It is a system used to manage customer interactions, track customer data, and automate customer service processes. It helps companies to better understand their customers, build relationships, and improve customer service.
Employee relationship management (ERM) is a type of Human Resources (HR) software that helps organizations manage their employee data and processes. ERM is not related to customer relationship management (CRM), which is a type of software used to manage customer data and interactions.
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controls may vary in size and complexity in relation to the organization employing them. group of answer choices false true
The following statement, "Controls may vary in size and complexity in relation to the organization employing them." is true.
There are two main factors that contribute to the size and complexity of a software system: the number of features included, and the number of devices supported.
More features generally means more code, and more devices generally means more code to support different platforms and configurations. A complex system may have many modules that interact in subtle ways, which can make debugging and testing difficult.
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the information a buyer discovers while researching a product can greatly influence their purchasing decisions.
Marketing communication is designed to influence consumer purchase decisions through information, persuasion, and reminders.
What exactly does marketing mean?For the purpose of generating, conveying, delivering, and trading offerings that are valuable to customers, clients, partners, and society at large, marketing refers to a variety of activities, institutions, and procedures.
The importance of marketingThe benefit of marketing to your company is that it informs consumers about your goods and services, engages them, and influences their decision to purchase. A marketing strategy, which should be a component of your business plan, can also aid with demand creation and maintenance as well as relevancy, reputation management, and competitiveness.
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historically, demand has averaged 2546 units with a standard deviation of 149. the company currently has 2610 units in stock. what is the service level?
The company with 79 units in stock have a Service Level of 97.
In finance, inventory (additionally capital inventory) consists of all of the shares via which possession of a agency or organization is divided.[1] (mainly in American English, the phrase "shares" is also used to refer to stocks.)[1][2] A single percentage of the stock approach fractional possession of the enterprise in share to the whole variety of stocks. This generally entitles the shareholder (stockholder) to that fraction of the organization's earnings, proceeds from liquidation of belongings (after discharge of all senior claims together with secured and unsecured debt),[3] or voting electricity, regularly dividing these up in percentage to the amount of cash every stockholder has invested. now not all inventory is necessarily equal, as positive instructions of inventory may be issued as an example without voting rights, with stronger voting rights, or with a certain priority to get hold of earnings or liquidation proceeds before or after different lessons of shareholders.
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what philosophy was widely adopted first by japanese companies and then american companies during the 1980s and early 1990s, and from which the six sigma methodology directly descended?
Total quality management philosophy was widely adopted first by Japanese's companies and then American companies during the 1980s and early 1990s, and from which the six sigma methodology directly descended.
If the "sigmas" are negative, then there are always more errors than there are "sigmas." The more "sigmas" there are, the less errors there are. When using the Six Sigma methodology, the more faults there have, the fewer "sigmas" there are.
All work is viewed as processes that can be defined, monitored, analyzed, improved, and managed from the Six Sigma philosophic perspective. Processes generate outcomes (y) from inputs (x) (y). You can manage the outputs if you manage the inputs. Typically, this is written as y = f. (x).
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which of the following is not required in an individual health benefit plan? a if terminated, the carrier must offer another plan offered by the carrier b it guarantees coverage for a dependent on a modified community rated basis c the renewability is at the option of the carrier d the plan may be terminated if the person moves out of state
If a person moves out of state while enrolled in an individual health benefit plan, it is not necessary for the plan to continue.
Finding new health insurance may be necessary if you move to a different state because certain policies may expire or stop providing coverage when you do.
It is still advisable to check the system of in-network providers even if coverage transfers. An extension of coverage may be available under the Consolidated Omnibus Budget Reconciliation Act (COBRA) program if health insurance coverage expires due to an interstate move.
Finding health insurance is now simpler according to the Affordable Care Act of 2010.
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in the field of economics, the observation that the living standard of a household is more stable than its income, because people think in terms of their long-term earnings as they spend, is known as:
In the field of economics, the observation that the living standard of a household is more stable than its income, because people think in terms of their long-term earnings as they spend, is known as: permanent income vs current income.
Current income refers to cash flows that are expected in the immediate to short term. Current income investing is an investment strategy that seeks to identify investments that pay above-average distributions. Common sources of current income include dividends and interest payments.
No, service revenue is not a current asset for accounting purposes. A current asset is any asset that will provide economic value for one year or within one year. Service revenue refers to the revenue a company earns from providing a service.
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Which of the following trade policies limits specified quantity of goods to be imported at one tariff rate.
a) Quota
b) Import tariff
c) Specific tariff
d) All of the above
Correct choice is A. A quota is a trade policies limits unique volume of goods to be imported at one tariff rate.
What is quota and example?A quota is a type of trade restriction where a government imposes a restriction on the quantity or the value of a product that another country can import. For example, a authorities may additionally region a quota limiting a neighboring nation to importing no greater than 10 tons of grain.
What is the which means of populace quota?population quota means the range acquired by dividing the population of the Federation or of a State by using the total quantity of constituencies or, as the case may also be, the range of constituencies in that state.
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https://brainly.com/question/24916775#SPJ4at 11:00am peter submits an order: sell 500 shares, limit 15.05, ioc. what's the best bid and offer (bbo) after peter's order is submitted? the market is 15.05 bid for 400 shares, 300 shares offered at 15.08. the market is 15.05 bid for 400 shares, 700 shares offered at 15.08. the market is 15.03 bid for 300 shares, 300 shares offered at 15.08. none of the above.
When Peter submits an order to sell 500 shares, the limit of 15.05, then orders for 400 shares at 15.05 are executed. Next bid stands at 15.03 for 300 shares but 100 shares are still pending at offered rate of 15.05 The correct answer is D - None of the above.
stocks are units of equity ownership in an enterprise. For a few companies, shares exist as an economic asset providing for the same distribution of any residual income, if any are declared, in the form of dividends. Shareholders of an inventory that will pay no dividends do not participate in the distribution of profits. when you purchase a share in an organization, you are efficaciously becoming a component proprietor of that employer. As a shareholder, with a fair stake in that enterprise, the funding goes back you earn relies upon the fulfillment or failure of the agency itself. Volatility. Share values can be risky and may fall dramatically in charge, even to 0. credit hazard. proprietors of normal stocks are commonly the last inside the line of lenders if an organization fails and there may be no threat of having any cash lower back. sudden occasions.
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supply chain coordination requires each stage of the supply chain to take into account hte impact its actions have on other stages
Each stage of the supply chain must cooperate in order to coordinate, and each stage must also consider how its actions will affect the others. Either local objectives at various supply chain stages contradict with one another or information is delayed and misinterpreted as it moves between stages, which leads to a lack of coordination.
Why is supply chain coordination important?Each stage of the supply chain must cooperate in order to coordinate, and each stage must also consider how its actions will affect the others. If all chain nodes work in a coordinated manner to raise overall supply chain surplus, supply chain coordination will improve.
Why do the supply chain's various stages each have their own goals?Each level strives to maximize its own earnings as a result, which frequently leads to decisions that lower overall supply chain profits. Because comprehensive information is not exchanged between stages, information is frequently skewed as it goes through the supply chain in addition to each level concentrating on its own goals.
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D Question 4 1 pts Managers in the same company are likely to be at the same stages of moral reasoning at any given time. True False Question 7 1 pts At the core of rights reasoning is the belief that: The company's right to a profit must be protected. Respecting others is the essence of human rights. The right to join a union is no longer universally accepted. Economic and political powers determine who is right.
Match the appropriate stage of morality (in the left column) with the description of the corresponding basis for ethical reasoning (in the right column), if appropriate.
What does a logic example entail?By building a case on specific examples, a sound conclusion can be drawn. In this method, individual examples 1, 2, & 3 result in a broad generalization about the entire issue. For instance, my Sony television, audio, car radio, and video system are all in good working order.
What does logic clarify?In the justification, the "why" or "how" the assertion is supported by the evidence are explained. A description of the underlying scientific idea that gave rise to the evidence or data should be included.
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discuss how managers can use equity theory to help motivate workers. second, imagine that you are the ceo of online designs, an online marketing agency that specializes in web and social media marketing. your company has 10 employees. you, the ceo, earn $200,000 per year in salary, plus another $200,000 in bonuses. your account executive earns $150,000 per year and has a company car, along with other perks. the other eight staffers are junior-level programmers and sales reps, each earning $50,000 per year. how might the eight junior employees perceive the equity of the workplace, and what might they do to reduce their cognitive dissonance? how might you go about correcting the perceptions of inequity?
A crucial foundation for building a high performance team is provided by equity theory. This article explains everything you need to know in detail.
How can managers inspire staff members using the equity theory?Employees are more likely to remain motivated and be content in their jobs if they believe they are being paid fairly for their work. You can employ the equity idea, which is a theory, to keep your staff motivated.
How can managers promote justice throughout the organization using equity theory?For instance, a person can be willing to accept reduced compensation in exchange for flexible working hours. To ensure that all parties are satisfied, ensure that you have direct dialogues with your staff about their requirements and wants.
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a targeted level of performance set in advance of the actual work to be performed is called a:
A targeted level of performance set in advance of the actual work to be performed is called a goal or benchmark.
What is a benchmark?A benchmark is a reference point against which something is measured. Benchmarks are used by investors to assess the performance of securities, mutual funds, exchange-traded funds, portfolios, and other investment vehicles.
A benchmark is a standard against which performance is measured. It's difficult to assess an employee's performance when we don't know what standards to use. Benchmarks are company-mandated standards for employee's work. The ability of the employee to meet those benchmarks should form the basis of the performance evaluation.
Therefore, benchmark is a targeted level of performance set in advance of the actual work to be performed.
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When transitory earnings are present, which of the following correctly depicts the order used on the income statement?
Income tax expense, income from continuing operations, unusual items, discontinued operations, net income.
Income from continuing operations, discontinued operations, income tax expense, net income.
Income from continuing operations, unusual items, income tax expense, discontinued operations, net income.
Income tax expense, income from continuing operations, discontinued operations, net income.
The income statement's order of taxable income, income from ongoing operations, income from terminated operations, and net income is correct when temporary earnings are included.
What do temporary earnings mean in accounting?Temporary revenue is also known as transitory profits because its source is neither predictable nor fixed. Determine the transitory income as the difference between measured and permanent income. The company at the time got an unexpected windfall.
Where is income from continuous operations listed on the income statement?Income from continuing operations, that might be seen on the income statement, is the net income category that accounts for a company's normal business operations. Operating profit is just another name for continuous operations' revenue.
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An information system can enable a company to focus on a market niche through
A. intensive customer data analysis.
B. complex trend forecasting.
C. tailoring products to the client.
D. intensive product trend analysis.
An information system can enable a company to focus on a market niche through A. intensive customer data analysis.
By evaluating consumer data and using it to create products and services that are tailored to the unique needs and preferences of the target market, an information system can help a business concentrate on a particular market niche.
This can assist the business in better comprehending the particular preferences and demands of its clients and in creating goods and services that are better suited to meet those needs.
A business can set itself apart from its rivals and obtain a competitive edge by concentrating on a particular market niche. A combination of hardware, software, and communication networks make up an information system, which is used to gather meaningful data, particularly within an organization.
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"Which of the following is NOT part of the strategic human resource management process?
a. Formulate strategic plans.
b. Establish a grand strategy.
c. Recruit and select people.
d. Orient, train, and develop personnel.
e. Create a business plan."
Create a business plan is not part of the strategic human resource management process.
What is human resource management?The practice of managing people for improved performance is known as human resource management, or HRM. The process of hiring, selecting, and onboarding employees, giving orientation, imparting training and development, evaluating employee performance, deciding compensation and providing benefits, inspiring employees, maintaining proper relations with employees and their trade unions, and ensuring employees' safety, welfare, and health measures in compliance with local labor laws are all parts of human resource management.
Effective HRM is thought to be based on the following pillars: recruitment and selection, performance management, learning and development, succession planning, compensation and benefits, HR information systems, and HR data and analytics. It entails maximizing business performance through improved human resource management.
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If the government increased its purchases of goods and services by $12,000, and this resulted in an eventual increase in gdp and income of $60,000, the mps would be equal to _____
A. 0.2
B. 0.4
C. 0.8
D. 2
Here, the change in saving is 12.000 and change in income is 60,000. Using MPS formula, that is, change in saving /change in income = 12000/60000 = 0.2. option A is the correct.
What Is the Marginal Propensity to Save (MPS)?
Economists can determine households' MPS by income level using information on household income and saving. Because MPS is not constant and can change depending on income level, this calculation is crucial. The MPS often rises with income since each new dollar is less likely to be spent on subsequent purchases as wealth improves and the capacity to meet requirements and wants. However, it's still possible that a consumer's savings and spending patterns might change in response to an increase in income.
Naturally, a higher paycheck enables one to more easily pay for living expenditures, giving one more room to save. A higher pay also opens up access to more expensive items and services.
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Which of the following statements are true about marginal cost?a. Marginal cost can be calculated by taking the total cost and dividing by the number of units.b. Marginal cost is the incremental cost of one more unit.c. Marginal cost will always be less than average cost.d. Average cost is more useful than marginal cost.e. Two of the answers stated above are correct.
The following statements are true about marginal cost Marginal Cost is the incremental cost of one unit.
Which one of the following best describes marginal costs?The term "marginal cost" describes the rise or fall in price associated with producing or providing services to an additional consumer. value added value added value added value added value added value added value added value added value added value added value added value added
What is accurate about the marginal cost curve?At the minimum point of each curve, it crosses both the average total cost curve and the average variable cost curve.
Which of the following statements regarding marginal costing is false?It is not true that "b. Costs that are modest and inconsequential with little impact on earnings are called marginal costs."
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