You are better off consuming or producing an additional good or service if _____ .

Answers

Answer 1
Answer: If the marginal benefit is greater than the marginal cost

The marginal benefit is the amount of satisfaction that you receive when you consume an additional goods or service, meanwhile the marginal cost is the amount of sacrifice that you need to do in order to get that additional good or service.

to put it simply, You better off consuming that additional product if the satisfaction that you get is worth the sacrifice that you make
Answer 2
Answer:

the marginal benefit is greater than the marginal cost


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Outsourcing value chain activities has such strategy-executing advantages as(A) less internal bureaucracy, speedier decision-making, quicker responses to changing market conditions, and heightened focus on performing a select few value chain activities (which can improve performance of those activities).(B) facilitating the empowerment of employees (because there are less things to do internally).(C) promoting a total quality management culture.(D) reducing the need to establish a strongly implanted corporate culture.(E) reducing the strategic importance of building valuable core competencies.
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Lagos in the 20th century and Accra in the 21st century began benefitting from a new source of international earnings that enriched each nation’s economy. What industry was responsible for those new earnings?
Successful businesses are keenly focused on their?

Difference between employment contract and a letter of appointment

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One is ugly and the other is pretty

You are looking for ways to pay for your higher education costs. Which of the following options will require you to pay back any money you receive?

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The complete question includes these choices: A) Grants B) 529 Plans C) Federal student loans D) Scholarships The correct answer is C) Federal Student Loans. Grants and Scholarship do not require payback at all, as they are given to the chosen ones for shown/deserving merit; 529 plans are a program involving tax deduction (with flexible time schedule, as well as not being technically called college loans).

A budget is a planning tool.
a. True
b. False

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a. True. A budget helps you plan how much you are going to spend and what you are going to spend it on.
A budget is a planning tool.
This is a true statement.

________ is the use of advertising and publicity to get your marketing message out to your customers.

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promotion is the best way to market your product

Your selection committee is debating between two projects. Project A has a payback period of 18 months. Project B has a cost of $125,000, with expected cash inflows of $50,000 the first year and $25,000 per quarter after that. Which project should you recommend?

Answers

Answer:

Project A

Explanation:

Given:

The payback period for the project A = 18 months

Cost of project B = $125,000

Expected cash flow for the first year for the project B = $50,000

Cash flow per quarter after first year = $25,000

Now,

Remaining cost for project B after the first year payment

= $125,000 - $50,000

= $75,000

payback period for the project B after the first year

= \frac{\textup{Remaining cost}}{\textup{cash flow per quarter}}

= \frac{\textup{75,000}}{\textup{25,000}}

= 3 quarters = 9 months

therefore,

the total payback period for project B = 1 year + 9 months = 21 months

hence, Project A should be recommended as the payback period for project A is less i.e 18 months

The broad types of investments are known as which of the following? Asset classes/Speculative investments/ High-risk types/ Dividends

Answers

The broad types of investments are known as  Asset classes. Asset classes are categories of investments or group of investments. The three main asset classes are equities, bonds and money market instruments. These three comprises the answer to your question which is ASSET CLASSES.