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2 years ago

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

1 answer:

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.

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Accompanying a bank statement for Marsh Land Properties is a credit memo for payment on a $15,000 one-year note receivable and $

SVETLANKA909090 [29]

Answer:

Explanation:

The journal entry is shown below:

Cash A/c Dr 15,900

To Notes Receivable A/c $15,000

To Interest Revenue A/c $900

(Being cash is collected with respect of notes receivable and interest revenue)

For recording this transaction, we debited the cash account and credited the notes receivable and interest revenue account

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3 years ago

Which of the following The holding-period return (HPR) on a share of stock is equal to(s) the level of real interest rates? I) T

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Answer: D. I, II, and III.

Explanation:

The demand for investment funds determines the demand for loanable funds and when this is higher than the supply, the rate increases. The reverse it true. It therefore affects real interest rates.

The savings of households and business firms are the source of loanable funds so if these are high relative to demand, the rate will decrease. The reverse is true.

Government demand for funds will increase interest rates as the supply will decrease when the government borrows massively. The reverse is true.

All three therefore impart real interest rates.

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3 years ago

An entrepreneur keeps backup funds in a savings account so that if their business experiences a loss, they will be able to recup

kvasek [131]

B.................................................

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3 years ago

Read 2 more answers

Which of the following is a disadvantage of a questionnaire?

Deffense [45]

The sentence that shows the disadvantage of a questionnaire is option D. The sample of individuals who respond may not be representative of the population.

<h3>What is a questionnaire?</h3>

A questionnaire is a set of printed or written questions with a choice of answers, devised for the purposes of a survey or statistical study.

Therefore, the correct answer is option D. The sample of individuals who respond may not be representative of the population.

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6 0

2 years ago

Beate Klingenberg manages a Poughkeepsie, New York, movie theater complex called Cinema 8. Each of the eight auditoriums plays

hichkok12 [17]

Answer:

A) 1.79

b) 71%

c) 0.75 minutes

d) 0.537 minutes

e) 0.343, 0.240 , 0.1681

Explanation:

L = average number of customers in the system ( 200 / 80 ) = 2.5

a = poission distribution per hour = 200

b = service rate of cashier = 280

A) average number of moviegoers waiting in line to purchase ticket

Lq = L - $\frac{a}{b}$ = 2.5 - (200/280) = 2.5 - 0.71 = 1.79

B) percentage of cashier been busy

p = a/b = 0.71 = 71%

C) average time spent by a customer in the system

w = L / a = 2.5 / 200 = 0.0125 hours = 0.75 minutes

D) average time spent waiting in line to get to the ticket window ?

W2 = Lq / a = 1.79 / 200 = 0.00895 hours = 0.537 minutes

E) probabilities of people in the system

i) more than two people

p ( x ≥ 2 ) = 1 - ( p0 + p1 + p2 ) = 1 - 0.657 = 0.343

more than three people

ii) p ( x ≥ 3 ) = 1 - (p0 + p1 + p2 + p3 ) = 1 - 0.7599 = 0.240

iii) more than four people

p ( x ≥ 4 ) = 1 - ( p0 - p1 + p2 + p3 + p4 ) = 1 - 0.8319 = 0.1681

3 0

3 years ago