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Elodia [21]
4 years ago
8

1. The increase in the amount of output from an additional unit of labor.

Business
1 answer:
yarga [219]4 years ago
3 0

Answer:

The correct answers are the following:

1 - C

2 - A

3 - B

4 - D

5 - C and D

Explanation:

1) The product of labor is a concept developed in economics in order to show the amount of output that a worker adds to a firm.

2) The demand curve of labor is the graphical representation of the relationship between the wage rate and the quantity of labor that the firms are willing to hire in the market where the workers go an offer their job.

3) The supply curce of labor is the graphical representation of the relationship between the wage rate and the quantity of labor that the workers are willing to offer in the market.

4) The marginal product of labor is the increase in the revenue that an additional worker will add to the amount of revenues already been made in the company when the worker is hire and puts himself to work.

5) An increase in the labor supply can happen be either an increase in the working population that increase the amount of supply of labor as well as an increase in the women's desire to work rather than stay at home with their kids.

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Harry leads the international marketing department of a smartphone manufacturer, Myfone. Myfone has recently decided to expand i
wlad13 [49]

Answer:

Availability of data.

Explanation:

The term “data availability” refers to the ability to ensure that required data is always accessible when and where needed within an organization's IT infrastructure, even when disruptions occur.

3 0
4 years ago
A company using the perpetual inventory method paid $200 cash to have goods delivered from one of its suppliers. The payment of
Montano1993 [528]

Answer:

An asset exchange transaction which increases the cost of the purchased merchandise.

The firm gives the transportation company money (which is an asset) and since the transportation costs are included in the cost of the merchandise, the firm is paying a fraction of the cost of the asset.

When you are calculating the purchase cost of goods you must include the price of the goods, transportation costs, and any other associated expense like insurance costs and import fees, etc.

Transportation costs are only included in the COGS when the firm acquires the goods, but when the firm sells the goods, any distribution cost is not included under production costs, instead they are included under the sales costs.

5 0
3 years ago
Which one of the following account groups normally has a credit​ balance? A. equity and assets B. assets and liabilities C. asse
andrezito [222]

Answer:

a) Assets and expenses

Explanation:

Credit balance can be regarded as amount that is been owed by a business to a customer. This occur when the payment by the customer to the business exceed the current invoice stipulates. credit balances can be located or found at right side of a subsidiary ledger account, it can be found on right side of a general ledger account. credit balance that is contained on billing statement of the customers can be regarded as amount that card issuer is owing the customer.

It should be noted that one if account groups that is normally has a credit​ balance is Assets and expenses

4 0
3 years ago
What are the pros and cons of putting your money into your superannuation?
almond37 [142]
One way to make the most of your money is to put any you have left over into your super
For many people, this is a tax effective way to save for the long term.
3 0
3 years ago
Whether the minimum wage is a binding price floor always depends upon whether the economy is in a recession. a. True b. False
murzikaleks [220]

Answer:

false

Explanation:

A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price

A country is in a recession when the GDP for 2 consecutive quarters is negative.

A binding price floor depends if it is above or below equilibrium

6 0
3 years ago
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