Ask Question
BusinessBusiness
22 July, 05:47

You should decide to go to a movie:

A. if the marginal cost of the movie exceeds its marginal benefit.

B. if the marginal benefit of the movie exceeds its marginal cost.

C. if your income will allow you to buy a ticket.

D. because movies are enjoyable.

+4
Answers (1)
  1. 22 July, 06:14
    0
    The correct answer is letter "B": if the marginal benefit of the movie exceeds its marginal cost ...

    Explanation:

    The difference between the marginal benefit and the marginal cost is what determines if businesses should continue to operate or if it is better for them to shutdown. If the marginal benefit is higher than the marginal cost, a firm should keep the business up and running. If the marginal cost is higher than the marginal benefit, there is no reason why the business should continue its operations.

    Thus, if the marginal benefit of going to the movies is higher than the marginal cost of paying to go to the movies, you should go and watch a movie.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “You should decide to go to a movie: A. if the marginal cost of the movie exceeds its marginal benefit. B. if the marginal benefit of the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Bob has worked for a local hotel for nearly three years and is interested in advancing his career in the organization.
Answers (1)
Teton, Inc., reported a net gain of $41,400 on its foreign assets due to the weakening of the U. S. dollar in 2017.
Answers (1)
You recently were promoted to a new position and are very excited, but you have little to no experience with numerous aspects of the new position. according to the situational model, your level of development is
Answers (1)
What is an example of a long term liability?
Answers (1)
All of the following statements are true, except: individuals without credit reports should always first apply to mainstream lenders.
Answers (1)
New Questions in Business
At the scene of the crime, the evidence collector found a damp, bloody shirt. the evidence collector quickly wrapped the shirt in a paper bindle. he inserted the paper bindle with the shirt into an evidence bag.
Answers (1)
What may managers rely on to decide if they'd like to interview a candidate in person?
Answers (1)
How are direct lending and dealer financing similar? And which is the better option?
Answers (1)
Suppose that a worker in Tabletland can produce either 4 tablets or 1 television per year, and a worker in Ledville can produce either 2 tablets or 4 televisions per year. Each nation has 50 workers.
Answers (2)
West Corp. issued 17-year bonds 2 years ago at a coupon rate of 10.3 percent. The bonds make semiannual payments. If these bonds currently sell for 102 percent of par value, what is the YTM
Answers (2)
Home » Business » You should decide to go to a movie: A. if the marginal cost of the movie exceeds its marginal benefit. B. if the marginal benefit of the movie exceeds its marginal cost. C. if your income will allow you to buy a ticket. D.
Sign Up Forgot Password?