SpletThe marginal cost of the 3'd unit of this activity is: Units of Activity Total Cost Total Benefit $0 $0 1 $30 $100 $40 $160 3. $60 $190 4. $100 $210 $150 $220 6. $210 $225 2. 5. Refer … SpletThe marginal cost of a panel vs. single gene tests is fast approaching zero. The cost of clinical TDM-SS using mass spec is under $500 per sample. The cost…
The marginal benefit of an activity is the A same as the total …
Splet06. mar. 2024 · The correct answer is "doing more of the activity". Explanation: Whenever the marginal benefit of a certain activity is greater than its marginal cost, the best … Splet06. jan. 2024 · Marginal cost is used for production optimization, while incremental cost is used for determining the profitability of operations. Long-Run Incremental Cost Analysis Long-run incremental cost (LRIC) is a forward-looking cost concept that predicts likely changes in relevant costs in the long run. hd filme stream seiten
Answered: Refer to the accompanying table below.… bartleby
SpletMarginal benefit is A)the cost of an increase in an activity. B)the sum of benefit and cost that arises from an increase in an activity. C)the cost of a decrease in an activity. D)the benefit that arises from an increase in an activity. E)the benefit that arises from a decrease in an activity. Correct Answer: Unlock Package Review Later Splet12. okt. 2024 · Marginal benefit is the additional advantage of increasing unit production in a particular activity, and marginal cost is the cost added by producing one additional unit of a product or service. Understanding how to use marginal cost and benefit can help you determine the most profitable price point of various products and services for a company. Splet17. jan. 2024 · If a company’s total cost of production is defined as: Then its marginal cost is the first order derivative of the total cost function. In this case, the marginal cost is directly equal to its variable costs. Where: TC: Total Cost FC: Fixed Cost Q: Quantity VC: Variable Cost MC: Marginal Cost Types of Marginal Costs golden locks dishonored