A firm's average costs will be falling whenever its: A) Marginal costs are positive. B) Marginal costs are negative. C) Marginal costs are less than average costs. D) Marginal costs are less than A positive externality occurs when ___. (a) the full costs of production are borne by...
Why is marginal revenue product value significant to employers? Why does a firm's marginal cost curve slope upward in the short run? Why does the average cost fall as the marginal costs are rising? Why may an increase in aggregate demand not lead to an increase in real...
If qualities are known by consumers and production costs are constant, then having a higher quality secures the producer both higher price and higher quantity; if marginal costs are rising, having a higher quality assures only higher price. If only some consumers can discern quality but others ...
Once mid-merit plants exit the market, demand during unexpected events—such as renewables droughts (a persistent lack of wind or sun) or outages at base-load generators or interconnectors linking one market to another—must be met by peaking generators with higher marginal costs, which are typi...
One challenge that may be driving investors away from gold stocks is how companies manage capital costs. Smallwood said that as the gold price rises, producers are chasing lower gold grades, which is more difficult and costly. As a result, even with a higher gold price, companies aren’t in...
Just as parties are likely to incur short-term losses when they believe the long-term benefits are large, they are also more likely to incur short-term costs when those costs are modest. For instance, when a party is expected to fare poorly in an election, the short-term costs of contes...
Below are the2024 federal marginal income tax brackets. By earning $1 million a year, the Chen household has to pay the top marginal income tax bracket of 37% plus state tax plus city tax. The total tax rate for income above $731,200 is over 51%!
breaks. This assumes the investors are in their home states' highest marginal state tax bracket. The difference in yield is expressed in basis points (a basis point is one hundredth of one percent, or 0.01%). Florida, Texas and Washington don't have state income taxes, so there's no ...
Other hints ofhigh costs (insourced non-core activities such as catering, highly unionised) are also mentioned in the scenario. Highcosts are also hinted at in Tables 1 and 2, with ONA having relatively older aircraft, presumably requiring moremaintenance, and lower utilisation hours than their ...
Inflation is a term often used to describe the impact of rising oil or food prices on the economy. For example, if the price of oil goes from $75 a barrel to $100 a barrel,input pricesfor businesses will increase and transportation costs for everyone will also increase. This may cause ...