Answer:
Explanation:
a) in times of stagnation. b) in fast-changing industries.
Joint costs are irrelevant in decisions regarding what to do with a product after split-off.
The reason for this answer is because they are not relevant for the decision to either sell or to process further.
The costs are the same. It does not matter if you are to sell at a split off or not. We can then regard it as either a past or sunk cost. In summary it means that they have being paid off already.
Read more on brainly.com/question/14988439?referrer=searchResults
Answer:
20
Explanation:
The marginal cost refers to the cost a company has when an additional unit is manufactured and it is calculated using the formula:
Marginal Cost= change in costs / change in quantity
Change in cost in this case is 20 as the last unit of labor hired costs an additional 20 per hour.
Change is quantity is 1 as the hourly production increases from 250 to 251 units.
Marginal Cost=20/1
Marginal Cost= 20
The marginal cost of the 251st unit of output was 20.