Marginal product Study guides, Revision notes & Summaries

Well-structured MAC3703 Assignment 2 (ANSWERS) Semester 2 2023 ()- DISTINCTION GUARANTEED (DETAILED ANSWERS - DISTINCTION GUARANTEED!). QUESTION 1 (30 MARKS) Mrs Sindy Lula has been in the financial Services Sector for more than 20 years and is considering a career shift. At present, she is a credit provider (mashonisa) where she owns and runs the money lending business throughout the Eastern Cape under the name BZN Agri-Retailers (PTY) LTD. Having been in this business for more than 20 years, ...

What are the likely reason(s) that the market for electricity is not perfectly competitive? Select all that apply. check all that apply  It is difficult to enter or exit the industry as a supplier.  Electricity is not a standardized (homogeneous) product.  There are few buyers in the market.  There are few sellers in the market. Producing electricity requires high start-up costs for power plants and power lines. This will prevent companies from entering the market. In additio...

WGU C211 Objective Assessment Global Economics for Managers Exam | Real Questions and Verified Answers| 100% Correct (New 2023/ 2024 Update) Graded A QUESTION Which kind of outcome was Adam Smith referring to when describing the invisible hand? Answer: Market outcomes QUESTION What does the value of the marginal product of labor for a perfectly competitive, profitmaximizing firm equal? Answer: Rate QUESTION What is the change in total cos...

Contribution Margin correct answers Difference between marginal revenue and marginal cost. Break-even point correct answers Level of sales volume of a product producing the exact amount of contribution margin needed to cover fixed costs. Overhead correct answers Indirect Costs Activity-based costing (ABC) correct answers Method of determining product costs using cost drivers or activity measures, which cause indirect costs to be incurred. Three main types of Cost standards. correct a...

Which political view of foreign direct investment (FDI) is most widely used by governments in the current international business environment? - Correct answerProtectionism Which factors predict the degree of rivalry between a pair of competitors? 2 choices - Correct answer-Market commonality and Cost structure Which factors predicts how local firms in emerging economics will respond to multinational competitors? Competitive assets and industry pressures to globalize - Correct answer-Market...

HFMA's CSAF 2021, Certified Specialist Accounting And Finance Study Guide 2024. Contribution Margin - ANSWER Difference between marginal revenue and marginal cost. Break-even point - ANSWER Level of sales volume of a product producing the exact amount of contribution margin needed to cover fixed costs. Overhead - ANSWER Indirect Costs Activity-based costing (ABC) - ANSWER Method of determining product costs using cost drivers or activity measures, which cause indirect costs to be incu...

WGU C211 EXAM LATEST 2022-2023 EXAM 300 REAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS)|AGRADE Which two phrases represent the views of globalization? Choose two answers. - ANSWER- - A pendulum that swings from one extreme to another. - A competition among key financial centers and markets. What are two trade barriers? - ANSWER- - Nontariffs - Tarriffs What is the effect of tariff on a particular product for the country imposing the tariff? - ANSWER- Increases domesti...

Test Bank for Designing and Managing the Supply Chain 4e 4th Edition by David Simchi-Levi, Philip Kaminsky and Edith Simchi-Levi. ISBN 7709 Full Chapters test bank included CHAPTER 1: INTRODUCTION TO SUPPLY CHAIN MANAGEMENT Chapter 1 Introduction 1.1 What Is Supply Chain Management? 1.2 The Development Chain 1.3 Global Optimization 1.4 Managing Uncertainty and Risk 1.5 Supply Chain Segmentation and Customer Value Proposition 1.6 The Evolution of Supply Chain Management 1.7 The Comp...

ECS2601 Assignment 4 Semester 2 (ANSWERS) Question 1 Complete Mark 0.00 out of 2.00 Flag question Question text When a profit-maximising firm is at its short run optimum, a. none of the options will be true. b. the average cost of the product is at its lowest possible point, whether a profit is being made or not. c. the profit per unit of output will be at its maximum possible level. d. the firm will be shut down if its price is less than the average fixed cost. Question 2 Comp...

STCO 658 Final Exam 2024 Actual Questions and Answers Graded A has long been the cornerstone of brand-building efforts for many companies. Interactive media Mass-media advertising Online marketing Product placement Personal selling Which of the following statements is true of direct marketing? Traditionally, it has not been considered an element of the promotional mix. It is synonymous with direct mail. The rapid growth of the Internet is discouraging the gr...

WGU C211 OA Global Economics Which political view of foreign direct investment (FDI) is most widely used by governments in the current international business environment? Protectionism Which factors predict the degree of rivalry between a pair of competitors? 2 choices Market Commonality Cost structure Which factors predicts how local firms in emerging economics will respond to multinational competitors? Competitive assets and industry pressures to globalize Mark...