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The best example of marginal cost is the money paid in order to purchase?
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Borrowing allows congress to?
The framers of the Constitution allows for the government to borrow money in order to finance public projects. An example of this would be the money borrowed for the Louisiana purchase.
When does marginal benefit occur?
Marginal benefit 'occurs' for any benefit (price) function, since a marginal term is simply the first-order derivative of its parent function. Marginal benefit is strictly greater than zero only when a benefit function is always increasing in total benefit over its domain.
How might firms BEST use marginal analysis to determine price and output when there are additional costs related to hiring a new worker?
Marginal analysis would allow the company to identify how much more money they would have to make in order to afford another employee. It would help them figure out if hiring a new worker is the best course of action.
Which of the following explains what happens when currency traders buy on?
They borrow money from their broker in order to make a larger currency purchase
Saying the marginal costs are greater than the marginal benefits is the same as saying?
Marginal costs and marginal benefits are discussing the conditions for profit maximization. This statement can only have further explanation if it is clarified under circumstantial economic conditions. One of the conditions is that the firm is not a monopoly and that there is competition that keeps the price of the good at a single price. Another condition is that there are diminishing returns to labor and production. This means that resources are scarce for production so it becomes more costly to produce more because there are more constraints to resources and there is a limited labor skill pool. In a competitive market the wage is also assumed to be equal for everyone who is employed to do the same job. Thus, if the marginal costs are greater than the marginal benefits then the profit maximizing equation for a firm or individual is not in balance. The profit maximizing condition for a firm or individual is marginal costs equal marginal benefits. For example in the context of a firm, the marginal costs of producing is the wage it must pay to each extra worker it hires and the benefits are the goods that the worker produces for the firm to sell. Assuming that all workers are given the same wage, the firm should hire as many workers until the marginal revenue the worker produces (Marginal product*price) is equal to the wage. This implies price important because price determines how much revenue the worker makes from the product. If the firm is producing where marginal cost is above marginal benefit the firm is losing money and should get rid of some workers. If the firm has control over the price, like in a monopoly, then the profit maximization condition is a little different. In the case of a monopoly the demand curve is not the same as the marginal revenue curve. This is because in a monopoly the firm has to decrease price in order to sell more of the good because they are the only supplier. Marginal revenue is derived from the demand but the profit maximization condition is still marginal cost equals marginal benefits but marginal benefits does not equal the demand curve.
Can you purchase a money order of 1.69?
Yes.
Why can't i purchase a money order with my credit card?
Because there has to be real money on the money order. A credit card is a loan of money to you.
Where can you purchase a Canadian money order in Seattle?
If you are looking to purchase a Canadian money order in Seattle, check with your bank or a local bank. Some banks will do money orders in different currencies.
How does one make money trading?
In order to make money trading, you need to sell the purchase something, shares for example, when the price is low. Then the item must be sold for a higher price.
Where can you Purchase a postal money order?
hi,,,,,,,,,,,,,,,,,,,,,patricia
Can you purchase a money order with a credit card at a bank?
no
Borrowing allows congress to?
The framers of the Constitution allows for the government to borrow money in order to finance public projects. An example of this would be the money borrowed for the Louisiana purchase.
Can you cash in a blank money order that was purchase from a bank?
Bumhole
Can you use a money order to purchase goods at JCPenney?
You cannot use a money order to purchase goods at JCPenney. They only accept cash, checks and major credit cards as forms of payment.
What is the difference between marginal benefits and marginal costs?
The term marginal cost refers to the oppurtunity cost associated with producing one more additional unit of a good. Opportunity cost is a critical concept to economics - it refers to the value of the highest value alternative opportunity. For example, in examining the marginal cost of producing one more bushel of wheat, that number could be expressed as the dollar value of corn or other goods that could be produced in lieu of more wheat. Marginal benefit refers to what people are willing to give up in order to obtain one more unit of a good, while marginal cost refers to the value of what is given up in order to produce that additional unit. Additional units of a good should be produced as long as marginal benefit exceeds marginal cost. It would be inefficient to produce goods when the marginal benefit is less than the marginal cost. Therefore an efficient level of product is achieved when marginal benefit is equal to marginal cost.
How do you track a money order sent to a company to order merchandise?
it depends on how you bought the money order western union and money gram allow you to track the money order on their site... if you bought the money order from the USPS then you have to go to the post office and fill out a 6401 pay $5.20 then wait 60 days after the purchase date of the original money order
How can you get your money back from a money order?
Many companies offer money order cashing when you purchase a money order directly from the company. If you have the receipt, you can usually cash a money order you purchased quickly and hassle-free although some companies may have a waiting period before you can get cash back.
