1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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>
You might be interested in
The period between March 9 and June 16, 1933, when Congress passed 15 major acts to meet an economic crisis, was called________.
JulijaS [17]

Answer:

Hundred Days

Explanation:

The period between March 9 and June 16, 1933, when Congress passed 15 major acts to meet the economic crisis of the Depression was called <u>the hundred Days</u>. As we know that the First New Deal began in a whirlwind of legislative action called “The First Hundred Days.” From March through June 1933, at Roosevelt’s behest, Congress passed legislation aimed at addressing the banking crisis, unemployment, and weak industrial performance, among other problems, through an “alphabet soup” of new laws and agencies.

3 0
3 years ago
What is the nash equilibrium for this​ game?
NeTakaya
<span>The  nash</span> equilibrium would be A. <span> bp and the mini-mart will both not advertise.
The nash equilibrium happens when all of the competitors choose the decision that give the optimal outcome for both of them.
If Bp and mini-mart both choose not to advertise they both will have a similar profit.</span>
4 0
3 years ago
Jones Corporation reported current assets of $191,800, current liabilities of $137,000, and total liabilities of $275,714 on its
VMariaS [17]

Based on the information given the current ratio is:1.4.

<h3>Current ratio</h3>

Using this formula

Current ratio=Current assets/Current liabilites

Where:

Current assets=$191,800

Current liabilities=$137,000

Let plug in the formula

Current ratio=$191,800/$137,000

Current ratio = 1.4

Inconclusion the current ratio is:1.4.

Learn more about current ratio here:brainly.com/question/2686492

4 0
2 years ago
How supply and demand work together to reach the equilibrium price in the marketplace? Please give at least a paragraph. Thank y
grandymaker [24]

Answer

Before I answer this question, you must note that the equilibrium price is created by both the amount supplied of a certain product as well as how much "customers" there are (or the amount that is bought in all).  This however, is usually not taking account any potential competitors.

For example, let say that the price in creating the product (or buying) is $15. This means that right now, the company loses $15 for one of the products. To make a profit, the selling price must be >$15. However, (unless they are a monopoly, such as, for example, electrical companies) there are competitors that they must fight with to get customers. Of course, there are other things that can affect the price, depending on the demographic and area.

So how does supply and demand affect the equilibrium price? The limits of the supply & the amount of demand would help determine the price by the amount of people buying and the supply of the product.

~

6 0
2 years ago
Read 2 more answers
The transportation service characteristic that refers to the ability of the transportation provider to move freight between a sp
blagie [28]
<span>The transportation service characteristic that refers to the ability of the transportation provider to move freight between a specific origin and a destination is called</span>
accessibility
7 0
2 years ago
Other questions:
  • Step Up Ladders Company provides the following financial​ information: Income from operations ​$400,000 Interest expense ​47,000
    12·1 answer
  • Financial educators often recommend that individuals should:
    8·1 answer
  • Uncollectible accounts are determined by the​ percent-of-sales method to be 22​% of credit sales. How much is​ uncollectible-acc
    8·1 answer
  • A company has the following balances on December 31, 2018, after year-end adjustments: Accounts Receivable = $62,500; Allowance
    10·1 answer
  • Ratchet Manufacturing anticipates total sales for August, September, and October of $200,000, $210,000, and $220,500 respectivel
    12·1 answer
  • Normally, a person with a high level of education makes more money than a person without an education.
    5·1 answer
  • In which of the following games is it clearly the case that the cooperative outcome of the game is good for the two players and
    8·1 answer
  • Radu is a global manufacturer of automotive parts. The annual reporting period ends Dec. 31. Below find balances for all of its
    10·1 answer
  • According to modern growth theory, the key to economic growth is Group of answer choices a large pool of unskilled labor. skille
    14·1 answer
  • You purchased XYZ stock at $50 per share. The stock is currently selling at $80. You expect the stock price to go up, but not 10
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!