0
additional cost
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What does the idiomatic saying 'cost a pretty penny' mean?
It means to be expensive or to cost alot. For example: My dress cost a pretty penny.
Is 'Courtesy costs nothing' an idiom?
No, it is just a saying or proverb. It originates from the old UK and is a rephrase of the saying, "Promises cost nothing".
What does offset means?
if the cost or amount of something offsets another cost or amount, the two things have an opposite effect so that the situation remains the same.
Can the cost to move equipment to another business unit be capitalized?
No, except at the beginning of a sentence because it is not a proper noun.
What is the origin of the expression how do you do?
In olden times, How do you do meant "How do you fare" or "How's it going." Over time it has become a stock greeting when first introduced to someone.
What is the concept of marginal cost of capital?
The marginal cost of capital (MCC) is the cost of the last dollar of capital raised, essentially the cost of another unit of capital raised. As more capital is raised, the marginal cost of capital rises.
Why is the equality of marginal revenue to marginal cost essential to profit maximuzation in all of the market structures?
When Marginal Cost is below Marginal Revenue, profit is increasing. When Marginal Cost is above Marginal Revenue, profit is decreasing. Since the goal of firms is to maximise profit, they should produce at a level where the MR of producing another unit is equal to the Marginal Cost of producing another unit. Firms should keep producing until this point because there is a hidden profit in MC. This is because we are not taking into account the Accounting profit.
When a firm's marginal revenues are higher than its marginal cost?
Marginal cost is
Is another term for variable costing?
It May Be Called as "Marginal Cost"
What is another term for variable costing?
It May Be Called as "Marginal Cost"
If you have total cost and total benefit how do you get marginal cost and marginal benefit?
Marginal cost is total cost/quantity Marginal benefit is total benefit/quantity
How do you find marginal average cost?
Marginal cost comes from the costs of producing just one more of something.
What is the difference between opportunity cost and marginal cost?
opportunity cost refers to the satisfaction of ones want at the expense of another want while marginal cost is the addition to total cost as a result of increasing output by one unit.
What is the differences between standard cost and marginal cost?
The main difference between standard cost and marginal cost is that in standard cost a target is set and in marginal cost there is no target set. Marginal cost is the change of the total cost due to the quantity produced.
What is the difference between marginal cost and standard cost?
The main difference between standard cost and marginal cost is that in standard cost a target is set and in marginal cost there is no target set. Marginal cost is the change of the total cost due to the quantity produced.
Marginal versus variable costing?
Variable cost refers to the TOTAL variable cost of all units, whereas marginal cost is the variable cost of the last unit only. Variable cost is the sum of all the individual marginal costs. The derivative of the Variable Cost is the Marginal Cost. The integral of the Marginal cost is the Variable Cost.
What is the optimal level of pollution?
when marginal benefit is equal to marginal cost To be more specific: When the marginal damage cost of polluting is equal to the marginal abatement cost of polluting (or the marginal benefit of polluting, which is equivalent to the MAC)
