Answer:
The answer is B.
Explanation:
Marginal Productivity can be described as when every variable in the equation is held constant, it is the amount of productivity gained for every extra hour of labor that is put in.
And according to the information about Joey and his productivity cutting the lawns, we are provided the equation q = 0.2*L which means that for every extra hour Joey works cutting the lawns, Joey's marginal productivity is going to decrease by 0.2 or 20% so the answer is B.
I hope this answer helps.
The number of tokens to be purchased will depend on the purchasing power of my present capital.
<h3>What is a subway tokens?</h3>
It means those metal or plastic disk that can be redeemed, used in designated slot machines which are mostly used to pay for entry to the subway system.
Despite that the effect of inflation could push the subway tokens which are $1.50 today to go up to $2.00, the number of tokens to be purchased will depend on the purchasing power of my present capital.
Read more about purchasing power
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Answer:
e. $104,000.
Explanation:
The computation of the ending capital balance is shown below:
As we know that
Ending capital balance = Opening capital balance + net income - withdrawn amount
where,
Opening capital balance = $64,000
Net income is
= Revenues - expenses
= $100,000 - $48,000
= $52,000
And, the withdrawn amount is $12,000
So, the ending capital balance i s
= $64,000 + $52,000 - $12,000
= $104,000
Answer: Return on sales is calculated based on sales volume and not profit
Explanation:
This can be explained by understanding the scenario; the price that discounters pay is lower than any other channel. Discounters have high variable cost, they only pay $52 for the Russel with 41percent return on sales. They also larger fixed costs than the other channels and the return on sales is calculated based on sales volume and not profit.
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