Answer:
The correct answer is marginal product.
Explanation:
The marginal product of labor is the change in the output or total product because of hiring an additional unit of labor. In other words, the amount that an additional worker adds to the revenue is its marginal product.
It can be expressed as,
The marginal product of labor depends on the quantity of capital and labor already employed.
the answer is b im not too sure tho
The lasting impact resulting from 20th-century banking reforms in the United States is "the reforms approved the Board to determine reserve requirements and interest rates for deposits at member bank."
The banking reforms made in the 20th century in the United States are many, and many of these reforms are still applicable today.
Some of the lasting effects of these reforms include the following:
The Board of Governors to determine the monetary policy.
The reforms established the Federal Deposit Insurance Corporation.
The reforms also separate commercial banks from investment banks.
Hence, in this case, it is concluded that the many banking reforms made in the 20th century still exist today.
Learn more here: brainly.com/question/12008240
To estimate and control project cost within the approved budget and to achieve the stated goals of the project.
Answer:
See below
Explanation:
A price increase motivates suppliers to avail more products for sale in the markets. High prices tend to have a high margin hence more profits. Like other businesses, oil producers are profit-motivated; they will supply more quantities if there is a high probability of making more profits.
The law of supply explains the correlation between supply and price. As prices increase, supply also tends to increase.
