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oksano4ka [1.4K]
2 years ago
14

Because the slope of the production function becomes flatter as more capital is added, the marginal product of capital is

Business
1 answer:
allochka39001 [22]2 years ago
7 0

As the slope of the production function becomes flatter as more capital is added, the marginal product of capital is "decreasing".

<h3>What is marginal product of capital?</h3>

The extra output that emerges from adding one unit of capital typically cash is known as the marginal product of capital.

This statistic frequently applies to start-up businesses that depend on private financing to get off the ground. The increased output brought on by adding a worker is known as the marginal product of labour.

  • Diminishing marginal returns, the marginal product that starts to decline, is an indicator of this phenomenon.
  • The value that these additional units offer to the organisation, in terms of output generated, starts to diminish because there aren't enough workers to operate with the extra equipment.

To know more about the importance of marginal product, here

brainly.com/question/14867207

#SPJ4

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Answer:

(B) Assets will increase by $20,000, liabilities will increase by $20,000, and stockholders' equity will remain unchanged

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Signing a note of $20,000 with a bank to purchase an equipment will have the following double entry in the books of the borrower.

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In a project schedule, which types of dependencies are most common?
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Simkin Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below:
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MEC = process time / throughput time

Let plug in the formula

MEC=6.1/17.9

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