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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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hodyreva [135]

Developmental duties manifest at all tiers of the lifestyles cycle.

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A household existence cycle is divided into three predominant stages, namely, opening family, increasing family and the contracting family.

What are the developmental degrees of a family?

Most families go thru five stages: 1) family founding; 2) child bearing; 3) toddler rearing; 4) infant launching; and 5) empty nest.

<h3>What occurs in the development stage?</h3>

Development stage refers to the first phase in the lifestyles cycle of a new business. During the improvement stage, businesses focal point on setting up themselves through activities such as market research, product development, and the development of new manufacturing facilities.

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7 0
2 years ago
For many projects, properly ____ some information technology functions can be a great investment.
Paha777 [63]

For many projects, properly outsourcing some information technology functions can be a great investment.

<h3>What is information technology?</h3>

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<h3>Why IT career is good?</h3>

One of the fastest-growing industries worldwide, information technology provides a wide range of jobs with promising futures. Without a college degree, it is straightforward to get started in the IT business, which offers quick employment, chances across numerous industries, a number of professional tracks and high salaries.

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5 0
2 years ago
When the force on an object increases, so does its __________.
prisoha [69]
A.

when the force of an object increases, so does its acceleration.
4 0
3 years ago
Read 2 more answers
B&amp;T Company's production costs for May are: direct labor, $13,000; indirect labor, $6,300; direct materials, $14,700; proper
ivolga24 [154]

Answer:

Overhead incurred for may is $8,250

Explanation:

Factory overheads are costs that don not contribute directly to production.They are also know as indirect costs and include items such as insurance costs,administrative expenses, licensing, insurance, facility upkeep costs etc.

In B&T's case factory overhead items include:

a) Indirect labor                                                -  $6300

b) Property taxes on production facility           - $810

C) Factory heat,lights and power                     - $970

d) Insurance of plant and equipment               <u>- $170</u>

Total factory Overhead for May = Indirect labor + Property taxes on production facility +Factory heat,lights and power + Insurance of plant and equipment

Total factory Overhead for May = 6300 + 810 + 970 + 170 =  $8250.

4 0
3 years ago
What happens to price in normal backwardation?
makkiz [27]
I think it is when the price is lower then in the past. I am not sure.
5 0
4 years ago
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