Answer: A. a downward-sloping labor demand curve.
Explanation:
If the marginal product of labor is diminishing then that means that for every extra worker hired, less products are made than the last worker. As a result of this, companies will not want to pay high wages to workers because they would be bringing in less revenue when hired.
This will cause a downward-sloping labor demand curve that shows that as more workers are hired, the company would like to pay less wages because each new worker is only producing less than the last worker.
<span>The answer is C. Productivity is the ratio of outputs to inputs.
This answer is correct because productivity is a measure of efficiency, and is not a measure of quantity, profit (revenue), or quality. Productivity is the measure of effectiveness in converting inputs to outputs.</span>
Answer:
the dividend revenue account is credited
Explanation:
As we know that the dividend is the company profit that is divisible and the same is to be issued to the shareholder with respective to the number of shares purchased
In the case when Yale Co. paid the dividend so here the dividend revenue account is credited in the case when the company received the dividend
Hence, the dividend revenue account is credited
Answer is 2,000,000 . I need to add a little more sorry for this sentence
Answer:
<u>debited</u>
Explanation:
Partnership refers to a mutual agreement wherein two or more individuals agree carry out a business and to share profits and losses in a specified ratio or as per the clauses of the partnership deed.
When partners retire, the balances standing to the credit of their capital accounts needs to be settled or paid off.
As per the given information, Wilma is paid $45000 in cash. The journal entry in this case would be:
Wilma's Capital A/C Dr. $45000
To Cash A/C $45000
For the remaining balance, Wilma shall be paid in cash as follows,
Wilma's Capital A/C Dr. $5000
To Cash A/c $5000
(Being settlement of a retiring partner's capital account being recorded)
