The theory of marginal analysis states that whenever marginal benefit exceeds marginal cost, a manager should increase activity to reach the highest net benefit. ... Sunk costs, fixed costs, and average costs do not affect marginal analysis. They are irrelevant to future optimal decision-making
The theory of marginal analysis states that whenever marginal benefit exceeds marginal cost, a manager should increase activity to reach the highest net benefit. ... Sunk costs, fixed costs, and average costs do not affect marginal analysis. They are irrelevant to future optimal decision-making
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FellowBuddy.com is an innovative platform that brings students together to share notes, exam papers, study guides, project reports and presentation for upcoming exams.
We connect Students who have an understanding of course material with Students who need help.
Benefits:-
# Students can catch up on notes they missed because of an absence.
# Underachievers can find peer developed notes that break down lecture and study material in a way that they can understand
# Students can earn better grades, save time and study effectively
Our Vision & Mission – Simplifying Students Life
Our Belief – “The great breakthrough in your life comes when you realize it, that you can learn anything you need to learn; to accomplish any goal that you have set for yourself. This means there are no limits on what you can be, have or do.”
Like Us - https://www.facebook.com/FellowBuddycom
Shyness (also called diffidence) is the feeling of apprehension, lack of comfort, or awkwardness especially when a person is around other people. This commonly occurs in new situations or with unfamiliar people. Shyness can be a characteristic of people who have low self-esteem.
We’ve both experienced different variations of shyness, and through practice and increased awareness we have both overcome this. The following are tips that have helped us overcome this uncomfortable feeling.
Eliott Dear Lawyer is telling the Laws of return as the law of cost. Eliott Dear is a regarded attorney in New York. He has over ten years of involvement with his lawful work.
9. Relationship between TP L , AP L and MP L Land Labor TP L AP L MP L Law of Marg. Returns Stages of Production 1 1 3 3 - Increasing Marg. Returns Stage 1 1 2 7 3.5 4 1 3 33 11 26 1 4 50 12.5 17 Diminishing Marg. Returns Stage 2 1 5 65 13 15 1 6 75 12.5 10 1 7 80 11.43 5 1 8 80 10 0 1 9 78 8.67 -2 Negative Marg. Returns Stage 3 1 10 72 7.2 -6
10. Production Labor TP L maximum TP L AP L MP L MP L = 0 AP L maximum MP L maximum 0 Stage 1 Stage 2 Stage 3 3 Stages of Production Curve in Short Run
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