What is marginal cost?

total revenue plus total cost

the cost of producing one more unit of a good

the difference between fixed and variable costs

total revenue minus total cost

If the dollar falls by 20% against the euro and rises by 10% against the yen, which of the following values for European and Japanese trade with the United States are consistent with a 10% increase in the effective exchange rate of the United States?

The newspaper reported last week that Bennington Enterprises earned $34.07 million this year. The report also stated that the firm's return on equity is 16 percent. The firm retains 75 percent of its earnings.

In a basic AD-AS model, if the economy is at the equilibrium on the far left of the potential real output level, then a contractionary monetary policy will

If a university burns down or is destroyed otherwise, all current students immediately graduate with a bachelor's degree

You need to set up a new network with 15 workstations. You must provide access to network services for all 15 stations simultaneously and you have been told to use Active Directory in this network. Which OS should you use?

Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,300 of direct materials and used $3,800 of direct labor.

You visit a new town in the summer and see a person dressed as a duck juggling plastic ice cream cones on the street. This piques your curiosity. You walk toward the duck person and see she is advertising the Mallard ice cream shop.

You are planning on starting your own business in 18 months and you intend to purchase a new home. You have looked carefully at your budget and have determined that you can afford a PITI of $900 per month.

Suppose you buy a 7 percent coupon, 20-year bond today when it's first issued. If interest rates suddenly rise to 15 percent, what happens to the value of your bond?

What does double taxation mean? Sole proprietorships and partnerships pay both personal income taxes and business income taxes. For-profit businesses must pay both income taxes and property taxes.