Answer:
(D). Average product must be rising.
Explanation:
Average product is gotten by dividing the total product of a firm, by the labor quantity (such as the number of workers). This gives the average product per worker.
Marginal product shows the change in total productivity caused by an additional unit of labor (such as a newly hired worker).
If the extra productivity brought about by an additional worker (marginal product) is higher than the average productivity per worker in a firm (the average product), then this marginal productivity, when added to the total, will raise the average productivity of the firm.
This explains why "average product must be rising as long as marginal product is greater than it."
Similarly, once marginal productivity drops below average productivity, then average product starts to decline.
Answer:
$1,160
Explanation:
<em>Hie, I have attached the full question as an image below.</em>
The firm usually makes provision for certain amounts so as not to overstate their profits. This expected as it is prudent than reporting profits that might never occur. Provisions of Uncollectible accounts are examples of such amounts.
An increase in Uncollectible amount compared to the opening balance is treated as an Expense in the Income Statement whilst a decrease is treated as an Income.
For this question, we are told that Uncollectible accounts are determined by the percent-of-sales method to be 4% of credit sales. Thus calculation of the 2012 uncollectible-account expense is as follows :
Credit Sales - 2012 = $44,000
Beginning Balance in allowances = $600
Therefore,
Uncollectable Amount (2012) = Credit Sales x percent-of-sales
= $44,000 x 4%
= $1,760
The Uncollectable amount has increased by $1,160 ($1,760 - $600)
Conclusion :
The collectible-account expense for 2012 is $1,160
"We choose to go to the Moon", officially titled the Address at Rice University on the Nation's Space Effort, is a September 12, 1962, speech by United States President John F. Kennedy to further inform the public about his plan to land a man on the Moon before 1970.
Why did President Kennedy say we chose to go to the moon?
Because it is difficult. Because this goal helps us organize and helps us gauge our energies and capabilities to the fullest. What you want to accept and what you don't want to put off.
Why do we choose to go to the moon?
By successfully establishing a presence on the Moon, we will enhance life on Earth and explore the rest of the Solar System. You can get ready. Maintaining the health of astronauts in an environment with lower gravity and higher radiation levels than Earth is an important issue for medical researchers.
Learn more about we choose to go to the Moon here:- brainly.com/question/25722216
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Answer:
Janet will receive=$30,000
Explanation:
According to the information of the exercise, consider the following calculations.
<em>Step 1.</em> Total net assets realized=(60,000+50,000)=$110,000
<em>Step 2.</em> Less : liabilities paid=$80,000
<em>Step 3.</em> Remaining balance=$30000
Hence Janet will receive=$30,000
Answer:
A
Explanation:
because the sells the factor of production to the household
