What is the difference between marginal cost and marginal benefit

Asked by admin @ in Business viewed by 355 People

How does the relationship between marginal cost and marginal benefit impact producers?

It helps producers market their products to new customers.
It means that producers make as much of their product as possible.
It shows producers what the demand for their product is.
It helps producers decide how much of a good to make.

Answered by admin @


Hey don't read this...
 B) It means that producers make as much of their product as possible. 
:D Now that you've seen this you will get a perfect A on the test ^.^
Pass this on to someone's answer and replace my answer with the answer you get. 
HAVE FUN and GOOD LUCK :P



Similar Questions

Profits are maximized when marginal revenue and marginal costs are

Asked by admin @ in Social Studies viewed by 331 persons

A producer’s profits are maximized when marginal costs are _____. less than marginal revenue resulting in decreasing marginal returns equal to fixed costs minus variable costs equal to marginal revenue

What is the relationship between marginal cost and marginal product

Asked by admin @ in Advanced Placement (AP) viewed by 455 persons

Explain the relationship between the marginal product curve and the marginal cost curve.

Difference between marginal revenue product and value of marginal product

Asked by admin @ in Business viewed by 344 persons

What is the difference between the marginal product of labor and the marginal revenue product of labor for a firm in a perfectly competitive​ market? A. The marginal revenue product …

Cost accounting differs from financial accounting in respect of

Asked by admin @ in Accountancy viewed by 449 persons

Cost accounting differs from financial accounting in respect of

Name the different margins available in page setup dialog box

Asked by admin @ in Computer Science viewed by 528 persons

Name the different margins available in Page Setup dialog box.

An important part of a cost benefit analysis is identifying

Asked by maham237 @ in History viewed by 285 persons

A. social customs. B. economic consequences. C. economic forecasts. D. social reforms.

Describe why decisions are based on expected costs and benefits

Asked by maham237 @ in Biology viewed by 288 persons

Cost benefit analysis is similar to which of the following

Asked by maham237 @ in Social Studies viewed by 300 persons

Which is not a step in the cost benefit analysis

Asked by maham237 @ in Business viewed by 281 persons

Select one: a. determination of tradable emissions b. calculation of the net profit c. identification of the project d. determination of all impacts

Which is not a step of a cost benefit analysis

Asked by maham237 @ in Business viewed by 272 persons

Select one: a. determination of tradable emissions b. calculation of the net profit c. identification of the project d. determination of all impacts

Marginal resource cost refers to the

Asked by maham237 @ in Business viewed by 284 persons

g Marginal resource cost refers to the: A. increase in total cost resulting from the production of one more unit of output. B. amount by which a firm's total resource …

Difference between margin padding and border

Asked by maham237 @ in Computers And Technology viewed by 283 persons

In the context of the box model, what is the difference between a margin and padding

Tangible costs and benefits

Asked by maham237 @ in Business viewed by 266 persons

Tangible and intangible benefits are defined as: a. None of these choices b. Tangible costs (benefits) can be reasonably quantified c. An intangible cost (benefit) is one that cannot be …

Economic costs of production differ from accounting costs in that

Asked by admin @ in Economy viewed by 302 persons

Economic costs of production differ from accounting costs in that

How does demand pull inflation differ from cost push inflation

Asked by admin @ in Business viewed by 307 persons

How does demand-pull inflation differ from cost-push inflation? Demand-pull inflation is driven by consumers, while cost-push inflation is driven by producers. Demand-pull inflation is driven by producers, while cost-push inflation …

Most viewed questions in Business

Foolproof module 9 test answers

Asked by maham237 @ in Business viewed by 3322 persons

Able, baker, and charles are engaged in the marketing to and enrollment of beneficiaries into medicare health plans. mr. able is an independent agent paid directly by a health plan. ms. baker is an independent agent paid through a field marketing organization (fmo). mr. charles is an independent agent paid for his work by a third-party marketing organization (tmo). how do the cms compensation rules apply to these three agents?

Asked by maham237 @ in Business viewed by 2742 persons

Interest rates are expressed as a percentage of

Asked by maham237 @ in Business viewed by 2111 persons

How to enhance knowledge regarding environmental factors through capsim?

Asked by wiki @ in Business viewed by 1816 persons

Match the job titles with the career clusters.

Asked by maham237 @ in Business viewed by 1482 persons

A company that allows you to license software

Asked by maham237 @ in Business viewed by 1295 persons

Lupe is ready to open a checking account

Asked by maham237 @ in Business viewed by 1287 persons

Mays and mccovey are beer brewing companies

Asked by maham237 @ in Business viewed by 1217 persons

What must be marked on ready to eat bags phfs

Asked by maham237 @ in Business viewed by 1173 persons

Coq six sigma

Asked by maham237 @ in Business viewed by 1141 persons

Henry ford was the first entrepreneur to implement which strategy

Asked by maham237 @ in Business viewed by 1086 persons

Your company was recently served with a lawsuit

Asked by maham237 @ in Business viewed by 1075 persons

Case study starting a business project schedules and curves edgenuity

Asked by maham237 @ in Business viewed by 1067 persons

Which two of the four cs of credit have to do with earning potential and available cash?

Asked by wiki @ in Business viewed by 985 persons

The total annual expenditures on advertising in the united states

Asked by maham237 @ in Business viewed by 973 persons