If the price of a product is $20, marginal analysis says which of the following must be true in order for a consumer to purchase the product?

ANSWERS:

Marginal benefit exceeds $20

Marginal cost exceeds 0

Marginal cost exceeds $20

Marginal cost is greater than marginal benefit

Marginal benefit exceeds 0

San ruiz interiors provides design services to residential and commercial clients. the residential services produce a contribution margin of $450,000 and have traceable fixed operating costs of $480,000. management is studying whether to drop the residential operation. if closed, the fixed operating costs will fall by $370,000 and san ruiz’ income will

If you miss two payments on a credit card what is generally the penalty

Read the following scenario and answer the question in 5-10 sentences. you are the owner of a small business that is a defendant in a lawsuit in federal court. you received bad news from your lawyer that the judge did not allow certain documents to be admitted as evidence in court and that the jury reached a $50,000 verdict in favor of the plaintiff. your lawyer tells you that it is within your legal right to hire him to file an appeal with the united states court of appeals. if the appellate court rules in your favor, you may be able to avoid paying part or all of the $50,000. evaluate your lawyer’s suggestion about appealing the decision.