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
soldier1979 [14.2K]
3 years ago
10

The marginal revenue product of capital is _______.

Business
1 answer:
Jlenok [28]3 years ago
7 0

Answer:

D.  the change in the firm's revenue as a result of employing one more unit of capital, such as a machine.

Explanation:

Marginal Revenue Product (MRP) of a factor (here capital) is the change in firm's revenue, due to employing one additional unit of that factor.

It is calculated as : product of Marginal (additional) product from the factor (capital) , with marginal (additional) revenue of a product

MRPS (k) = MPP (k) x MR

Eg : If MPP of capital (k) = 5 , MR = 10 .

So, MRP (k) = 10 x 5 = 50

You might be interested in
Which of the following accounts would not be included in the closing process at year-end?a) Rent expense.b) Additional paid-in c
hammer [34]

Answer:

b) Additional paid-in capital.

Explanation:

Closing process in accounting is a period end activities which involves

the movement or transfer of temporary accounts to permanent accounts.

Temporary accounts are all income statement accounts like sales account, rent account, depreciation expense account, telephone expense account e.t.c.

This exercise is to prepare temporary accounts for the next period.  since temporary accounts are measured as at period end, the transaction of a period must not be allowed to mix with another, hence the need to always close or bring to zero all temporary accounts.

In the question, all are income accounts except additional paid-in capital

3 0
2 years ago
Sean is a monopolist who operates a business rigging tablets to run twice as fast as the original specifications. If sean charge
pochemuha

The answer is $7 because Marginal revenue is the change in total revenue from 10 customers ($400) to 11 customers ($407)  How a monopolist maximizes profits

How does a monopolist determine its profit-maximizing level of output How does it determine the price that it charges?

The monopolist will select the profit-maximizing level of output where

                                      MR = MC

and then charge the price for that quantity of output as determined by the market demand curve. If that price is above average cost, the monopolist earns positive profits.

How a monopolist maximizes profits

 Because Chuck, a sole commercial airplane operator in small isolated town, has no  competition, he has complete control of market price of air travel in his small tone

 Reduced price → increase in ticket sales

 Monopoly maximizes profit by choosing an amount of profit in which marginal revenue  equals marginal cost (MR= MC)  Since Chuck must reduce his price to sell more units, he has an incentive to sell a  smaller quantity than a perfective competitive company

Learn more about Marginal revenue :

brainly.com/question/10822075

#SPJ4

3 0
1 year ago
First, find if a country's RGDP grows on average at 3% per year, how long will it take for this country to double its RGDP. If,
sasho [114]

Answer:

At the growth rate of 3% per year

Number of years taken to double the GDP = 23.33 years

The the GDP will double ( 23.33 - 20 ) 3.33 years earlier at 3.5% growth rate

Explanation:

According to the rule of 70

Number of years taken to double the GDP = 70 ÷ [ Growth rate ]

Thus,

At the growth rate of 3% per year

Number of years taken to double the GDP = 70 ÷ 3

= 23.33 years

Further

if the growth rate is 3.5% per year

Number of years taken to double the GDP = 70 ÷ 3.5

= 20 years

Hence,

The the GDP will double ( 23.33 - 20 ) 3.33 years earlier at 3.5% growth rate

6 0
3 years ago
The credit balance in cash short and over at the end of an accounting period is reported as?
AVprozaik [17]

The credit balance in cash short and over at the end of an accounting period is reported as an expense on the income statement.

Income is the consumption and savings opportunity that a business captures within a specific time frame, usually expressed in money. Income is difficult to define conceptually and definitions vary by region.

The definition of income is the amount of money received by an individual, group or business during a specified period. An example income is an annual salary of $70,000.

Income is money received by an individual or business in return for providing work, producing goods or services, or investing capital. While individuals usually earn their income through wages or salaries, businesses generate income from the sale of goods or services that exceed their production costs.

Learn more about income here:brainly.com/question/25745683

#SPJ4

7 0
8 months ago
When the price of chocolate chip cookies increased to $3 per package, Samantha began to buy oatmeal cookies instead. This situat
xenn [34]

Answer:

substitution effect The supply curve slopes upward because at a higher price, producers have an incentive to produce more.

Explanation: Google

7 0
3 years ago
Read 2 more answers
Other questions:
  • The internet enables people to make better economic decisions because they can do which of the following?
    15·2 answers
  • Finnegan is a limited partner in Gettout & Associates, a local financial consulting company. Heywood U. Gettout is one of th
    12·1 answer
  • Navy Seals go through extremely difficult training. Those who succeed become members of one of the most elite fighting units in
    14·1 answer
  • Which market represents a major source of debt financing for the​ world's governments, international​ organizations, and larger​
    11·1 answer
  • The ____ flow of information needed from the CSIRT to organizational and IT/InfoSec management is a critical communication requi
    9·1 answer
  • You invested $30,000 in BOA, $20,000 in Best Buy, and $50,000 in Harley-Davidson for your portfolio. Betas are 1.8, 1.05 and 1.5
    6·1 answer
  • If you want to target specific people in a country or city, what segmentation you will<br> use?
    12·1 answer
  • Why would the introduction of new products cause a stock price to change?<br>help:&gt;​
    14·1 answer
  • During Year 1, Hardy Merchandising Company purchased $20,000 of inventory on account. Hardy sold inventory on account that cost
    13·1 answer
  • How can a strong credit score help you to negotiate a better price on big purchases items, like cars
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!