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Naddik [55]
3 years ago
13

The marginal product of labor eventually slopes downward due to diminishing marginal costs diminishing average returns diminishi

ng marginal utility the law of diminishing marginal productivity
Business
1 answer:
vampirchik [111]3 years ago
5 0
<span>The marginal product of labor eventually slopes downward due to the law of diminishing marginal productivity. The law of diminishing marginal productivity is a principle within economics. This principle states even if you increase input in one area and keep the others the same, output does increase, there will be limited effect and eventually balance back out resulting in no effect on the output. </span>
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A store that has very limited inventory commonly uses what type of inventory method ?
faltersainse [42]

RETAIL INVENTORY METHOD SHOULD BE USED BY A STORE .

Explanation:

The retail inventory method is an accounting method used to estimate the value of a store's merchandise. The retail method provides the ending inventory balance for a store by measuring the cost of inventory relative to the price of the merchandise. Along with sales and inventory for a period, the retail inventory method uses the cost-to-retail ratio.

Periodic counts might be once every two months or every three weeks, depending on warehouse size and company needs. This will create better visibility than yearly or seasonal options but it also requires more time and manpower. Workers must ensure they are performing inventory consistently between each count.

3 0
3 years ago
nobel prize winner milton friedman said that a bad central banker is like a ""fool in the shower."" how does this apply to centr
cluponka [151]

There are monetary policy lags

<h3>What is monetary policy lags ?</h3>

The presence of temporal delays is one of the drawbacks of countercyclical monetary policy. The monetary authority must have time to recognise the need for action, take that action, and observe how that action affects economic activity. The time relationship between the resultant monetary series and the subsequent series of impacts of monetary operations is how Friedman defines "lag." He claims that economic circumstances are only affected by monetary measures after a "long and varied lag." Friedman makes a distinction between three fundamental lags: the administrative lag, the operation lag, and the recognition lag.

To learn more about monetary policy check the given linkhttps://brainly.in/question/6090122

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4 0
2 years ago
Arguing that globalization is ultimately driven by joint gains from mutually beneficial trade is an argument from which perspect
Fofino [41]

Arguing that globalization is ultimately driven by joint gains from mutually beneficial trade is an argument from <u>the liberal perspective.</u>

<h3><u>What does the liberal viewpoint entail?</u></h3>

Liberal beliefs regarding the nature and purpose of law are centered on defending individual freedom. Liberals, following John Stuart Mill, argue against enforcing morality on the grounds that the use of coercion or control is not justified by society's conception of what is ethically appropriate. According to the liberal perspective, acts that damage or wrong people but to which they consent—often referred to as victimless crimes—are not properly criminalized. Thus, for a liberal, the border between the sex that ought to be criminalized and sex that shouldn't is the line between uninvited sex and sex that ought to be allowed.

Learn more about the liberal perspective with the help of the given link:

brainly.com/question/14581558

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7 0
2 years ago
With a newspaper headline suggesting additional health benefits from eating apples, based on the change in demand in the apple m
Fofino [41]

We can actually deduce here that based on the change in demand in the apple market, price and quantity will change in such a way that the price and quantity will increase.

<h3>What is change in demand?</h3>

Change in demand actually refers to the way that the demand on goods and services change as result of price increment or decrease or other factors.

We see that if the demand for apples increase as a result of the additional health benefits, the price and quantity will also increase.

Learn more about change in demand on brainly.com/question/4371942

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8 0
2 years ago
You borrowed $185,000 for 30 years to buy a house. The Interest rate is 4.35 percent, compounded monthly. If you pay all of your
asambeis [7]

Answer:

c. $146.542

Explanation:

Borrowed amount - $185,000

Interest rate  (APY) - 4.35%

Loan term - 30 years

Payement frequency - monthly

Your total interest paid is $146,542.65

Your total principal and  interest: $331,542.65

8 0
3 years ago
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