subject
Business, 24.02.2020 21:32 fefebat

As a firm produces more of a good, the cost of producing each additional unit (increases/decreases). This implies that the marginal cost of producing a good (increases/decreases) as you make more of that good. The supply curve represents .

A. the minimum price sellers are willing to accept to sell an extra unit of a good.
B. the maximum price sellers are willing to accept to sell an extra unit of a good.
C. the maximum price buyers are willing to pay to buy an extra unit of a good.
D. the minimum price buyers are willing to pay to buy an extra unit of a good.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 14:40
You are purchasing a bond that currently sold for $985.63. it has the time-to-maturity of 10 years and a coupon rate of 6%, paid semi-annually. the bond can be called for $1,020 in 3 years. what is the yield to maturity of this bond?
Answers: 2
question
Business, 22.06.2019 17:50
Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?
Answers: 1
question
Business, 22.06.2019 22:20
Which of the following is correct? a. a tax burden falls more heavily on the side of the market that is more elastic.b. a tax burden falls more heavily on the side of the market that is less elastic.c. a tax burden falls more heavily on the side of the market that is closer to unit elastic.d. a tax burden is distributed independently of the relative elasticities of supply and demand.
Answers: 1
question
Business, 22.06.2019 22:30
Experts are particularly concerned about four strategic metal resources that are important for the u.s. economy and military strength, and that must be imported. what percentage does the u.s. import? *
Answers: 2
You know the right answer?
As a firm produces more of a good, the cost of producing each additional unit (increases/decreases)....
Questions