Marginal Expense and Correct Response

 Essay regarding Marginal Cost and Correct Solution

Issue 1

five out of 5 details

Economic profit is defined as the between revenue and ____. Answer

Selected Answer:

total economic expense

Correct Response:

total financial cost

Question 2

five out of 5 items

Recently, the American Medical Association altered its recommendations on the regularity of pap-smear exams for women. The new frequency recommendation was created to address the family histories of the people. The optimal regularity should be the place that the marginal benefit of an additional pap-test: Answer

Picked Answer:

equates to the minor cost of test

Correct Response:

equals the marginal cost of the test

Issue 3

five out of 5 items

The flat-screen plasma Tv sets are selling extremely well. The originators of this technology are making higher revenue. What theory of profit best demonstrates the functionality of the plasma screen manufacturers? Answer

Picked Answer:

development theory of profit

Right Answer:

development theory of profit

Problem 4

a few out of 5 items

To reduce Firm Problems, exec compensation should be designed to: Answer

Selected Answer:

create offers so that managers act like owners of the organization. Correct Response:

create incentives so that managers act like owners of the organization. Question 5

5 away of a few points

Depending on risk-return tradeoffs observable in the financial industry, which with the following securities would you be prepared to offer bigger expected earnings than corporate and business bonds? Answer

Selected Answer:

common share

Correct Solution:

common inventory

Question 6

5 away of 5 points

Generally, investors anticipate that projects with high expected net present principles also will become projects with Answer

Selected Answer:

high risk

Correct Answer:

high risk

Issue 7

zero out of 5 details

The ____ is the proportion of ____ to the ____.

Answer

Selected Answer:

relationship coefficient; regular deviation; predicted value

Accurate Answer:

coefficient of variant; standard deviation; expected value Question almost eight

5 out of five points

The internet present worth of an expenditure represents

Response

Selected Solution:

the expected contribution of this investment towards the goal of shareholder wealth maximization Appropriate Answer:

the expected contribution of that purchase to the aim of shareholder wealth maximization Question 9

5 away of your five points

Presume we approximate that the demand elasticity pertaining to fine artificial leather spencer is ‑. 7 at their current prices. Then simply we know that: Response

Selected Response:

a 1% increase in cost reduces variety sold by simply. 7%.

Appropriate Answer:

a 1% increase in price minimizes quantity sold by. 7%.

Question 15

5 away of 5 points

Limited revenue (MR) is ____ when total revenue can be maximized. Response

Selected Answer:

equal to zero

Correct Solution:

equal to no

Question 14

5 out of your five points

Individuals goods possessing a calculated salary elasticity that is certainly negative are called: Answer

Selected Answer:

poor goods

Accurate Answer:

poor goods

Problem 12

a few out of 5 factors

An income elasticity (Ey) of two. 0 signifies that for any ____ embrace income, ____ will increase by ____. Solution

Selected Answer:

one percent; quantity required; two percent

Correct Response:

one percent; quantity demanded; two percent

Question 13

0 away of a few points

The strategy which can provide some details in price demand of any product that hasn't however come to advertise is: Response

Selected Answer:

the barometric method

Right Answer:

the customer survey

Question 14

five out of 5 factors

When using a multiplicative electric power function (Y = a X1b1 X2b2 X3b3) to symbolize an economic romance, estimates of the parameters (a, and the b's) using linear regression examination can be obtained starting with applying a ____ alteration to convert the function to a thready relationship. Answer

Selected Response:

double-logarithmic

Right Answer:

double-logarithmic

Question 15

0 away of five points

The standard deviation in the error terms in an believed regression equation is known...

unit 10 D2 -Justify responses into a particular episode or urgent in a wellness or cultural care setting Essay

News