Marginal costs Study guides, Class notes & Summaries
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![ECS2601 Assignment 4 Semester 2 (ANSWERS)](/docpics/3595121/652567853f630_3595121_121_171.jpeg)
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ECS2601 Assignment 4 Semester 2 (ANSWERS)
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ECS2601 Assignment 4 Semester 2 (ANSWERS) 
 
Question 1 
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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...
![MIS 320 - WWU - Exam 2 – Califf questions with correct answers](/docpics/3030315/64a858c2505f0_3030315_121_171.jpeg)
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MIS 320 - WWU - Exam 2 – Califf questions with correct answers
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Marginal cost - Answer The costs associated with each additional unit produced. 
 
Open source software (OSS) - Answer Software that is free and where anyone can look at and potentially modify the code. 
 
Cloud computing - Answer Replacing computing resources--either an organization's or individual's hardware or software--with services provided over the internet. 
 
Software as a service (SaaS) - Answer A form of cloud computing where a firm subscribes to a third-party software and re...
![TRL3706 ASSIGNMENT 1,S2 2023](/docpics/3151023/64c50a12ec174_3151023_121_171.jpeg)
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TRL3706 ASSIGNMENT 1,S2 2023
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The transport sector, particularly road transport, plays a crucial role in the South African economy by facilitating the efficient movement of goods and people across the country. The proficient management of transport enterprises is imperative for their fiscal sustainability and enduring viability. The understanding and application of cost concepts in the process of decision-making play a crucial role in attaining maximum efficiency. This essay explores the fundamental cost concepts that pertai...
![ETS MFT BUSINESS EXAM | Answered Correctly! Summer 2022-23.](/docpics/640cddc9db891_2461943.jpg)
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ETS MFT BUSINESS EXAM | Answered Correctly! Summer 2022-23.
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ETS MFT BUSINESS EXAM 
 
The principal difference between variable costing and absorption costing centers on: 
 
a) whether variable manufacturing costs should be included as product costs 
 
b) whether fixed manufacturing costs should be included as product costs 
 
c) whether fixed manufacturing costs and fixed selling and administrative costs should be included as product costs 
 
d) none of these. 
 
General Bikes is debating which marketing research options to employ. The traditional p...
![ECS2606 Assignment 1 Semester 2 2023 (ANSWERS)](/docpics/3180755/64cb6f6c4676e_3180755_121_171.jpeg)
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ECS2606 Assignment 1 Semester 2 2023 (ANSWERS)
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ECS2606 Assignment 1 Semester 2 2023 (ANSWERS) 
 
QUESTIONS ASKED: 
 
Assignment 01 
Answer ALL the Questions 
1. An industry supply curve can be derived under competitive conditions, where each firm receives the 
same output price. Considering this fact, what is the relationship of this procedure to the equimarginal 
principle? [5] 
2. Considering the definition of a public good, is a library a public good [5] 
3. Consider the possibility of putting in effect a new law requiring oil tankers i...
![WGU C237 Taxation 1 Review Master Quiz | 90 Questions with 100% Correct Answers | Verified | Latest Update | 39 Pages](/docpics/63e3164c96f1b_2347839.jpg)
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WGU C237 Taxation 1 Review Master Quiz | 90 Questions with 100% Correct Answers | Verified | Latest Update | 39 Pages
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The largest source of revenues for the federal government comes from - individual income 
taxes. 
Arthur pays tax of $5,000 on taxable income of $50,000 while taxpayer Barbara pays tax of 
$12,000 on $120,000. The tax is a - proportional tax. 
Which of the following taxes is regressive? - Federal Insurance Contributions Act (FICA) 
Sarah contributes $25,000 to a church. Sarah's marginal tax rate is 35% while her average tax 
rate is 25%. After considering her tax savings, Sarah's contribution ...
![Test Bank for Microeconomics, 3rd Canadian Edition by Glenn Hubbard](/docpics/2824129/6475871301a24_2824129_121_171.jpeg)
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Test Bank for Microeconomics, 3rd Canadian Edition by Glenn Hubbard
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Test Bank for Microeconomics, 3rd Canadian Edition 3ce by Glenn Hubbard, Anthony Patrick OBrien. 
 
Full Chapters test bank included 
 
1 Economics: Foundations and Models 
Economics in Your Life and Career: How Much Will You Pay for a Cup of Coffee? 
Three Key Economic Ideas 
People Are Rational 
People Respond to Incentives 
Apply the Concept: Does Canada’s Health Care System Contribute to Obesity? 
Optimal Decisions Are Made at the Margin 
Solved Problem: 1.1 Binge Watching and Decisions at...
![WGU C211 OA Global Economics Exam (2023) (Verified Answers)](/docpics/63ffa9d96ebec_2426444.jpg)
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WGU C211 OA Global Economics Exam (2023) (Verified Answers)
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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...
![FIN2601 SUMMARISED EXAM NOTES 2023 LATEST SUMMARY.](/docpics/2795761/646db9ff85441_2795761_121_171.jpeg)
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FIN2601 SUMMARISED EXAM NOTES 2023 LATEST SUMMARY.
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FIN2601 SUMMARISED EXAM NOTES 2023 
LATEST SUMMARY. 
FIN2601 NOTES 
email me at for more Page 1 
Study unit 1 
THE ROLE AND ENVIRONMENT OF MANAGERIALFINANCE 
Define the functions of a finance manager 
A financial manager actively manages the financial affairs of any type of business, whether 
financial or nonfinancial, private or public, large or small, profit-seeking or not-for-profit. 
Discuss the legal forms of business organisation 
Sole Proprietorships 
 Owned by one person for own prof...
![WGU C211 EXAM LATEST 2022-2023 EXAM 300 REAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS)|AGRADE](/docpics/3426069/650116b865ab6_3426069_121_171.jpeg)
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WGU C211 EXAM LATEST 2022-2023 EXAM 300 REAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS)|AGRADE
- Exam (elaborations) • 45 pages • 2023
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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...
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