Example-implicitly-weighed marginal costs-marginal benefits
Cite three example of recent decisions which you made in which you, at least implicitly, weighed marginal costs & marginal benefits.
Expert
It may comprise the decision to come to class, to skip breakfast to obtain a few extra minutes of sleep, to attend college or university, or to make a purchase. Marginal benefits of attending class may comprise the acquisition of knowledge, participation in discussion, and better preparation for an upcoming assessment. Marginal costs may comprise lost opportunities for meals, sleep or studying for other classes. In evaluating the discussion of marginal benefits & marginal costs, be careful to watch for sunk costs offered as a rationale for marginal decisions.
Pooled Money Investment Account (PMIA) It is a State Treasurer's Office accountability account maintains by State Controller's Office to account for short-term investments procured by the State Treasurer's Office as designated by the Pooled Money Inve
1. Albert Jones went to his local department store to purchase a pair of Levi s. He thought that the style of Levi that he wanted would sell for about $30 a pair. When he got to the store, he saw a sign which said, Levi s, all styles, $18 a pair. Albert bought three pairs of Levi s. The behavior of
Special Items of Expense: It is an expenditure category which covers nonrecurring big expenditures or special aim expenditures which usually need a separate appropriation (or else need separation for clarity).
Debt Service: The amount (sum) of money needed to pay interest on exceptional bonds and the principal of maturing bonds.
3-year Expenditures and Positions: The display at the beginning of each departmental budget which presents the different departmental programs by title, dollar totals, places, and source of funds for the past, current, and budget years.
Normal 0 false false
Sinking Fund: It is a fund or account in which money is deposited at customary intervals to offer for the retirement of bonded debt.
Current Year (CY): It is a term utilized in budgeting and accounting to designate the operations of the current fiscal year in contrast to past or future periods.
What do you mean by Authorized: Provided the force of law (example, by statute). For certain action or quantity to be authorized, it should be possible to recognize the enabling source and date of approval.
Describe how a firm find out the optimal level of current assets. The optimal level of working capital is finding out by determining the amount that balances the requirement for liquidity and for profitability.
18,76,764
1940249 Asked
3,689
Active Tutors
1456817
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!