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dexar [7]
3 years ago
15

Joan has 40 employees and produces 800 units of output; when she adds one more employee to her construction company. The total o

utputs from all employee is 820, . After adding this employee, Joan's production plan's average product equals to marginal product.___________
Business
1 answer:
Leto [7]3 years ago
5 0

Answer: The average product equals to marginal product at 20.

Explanation:

Number of employees = 41

total output = 820

Average product = 820 / 41 = 20

Now, Find marginal product,

Marginal product =  Change in output / Change in input.

= (820 - 800) / (41 - 40)

= 20 / 1

= 20

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Pierre left a message on Shayna’s voicemail stating, “Hey Shayna. Regarding that painting we talked about. I changed my mind and
zysi [14]

<u>The contract between Pierre and Shayna is not a valid contract due to the lack of acceptance from Shayna. </u>

Further Explanation:

Contract:

A legally enforced agreement is considered a contract. An agreement is a promise between two parties to perform tasks for each other for some consideration. When an agreement becomes legally enforced, then it is considered as a contract. So the contract is a legally enforced promise between two parties for considerations. Both parties should get consideration and have a performance obligation.

Following factors are required for the contract:

Offer: A person should offer some consideration to another person for performing any activity or in the exchange of goods.

Acceptance of offer: The other person should accept the offer made by the first person.

Valuable consideration: There should be valuable consideration for both the parties.

Mutual obligation: Parties should promise to execute their obligated activities.

The performance capacity of the parties: Parties should be capable of performing the contract.

Legally enforcement: The contracts should be legally enforced.

These are the basic elements of a contract. If any contracts lack any of the given factors, then it will not be considered as a valid contract.

The contract between Pierre and Shayna:

In the current case, Pierre makes an offer to sell the painting to Shayna. Pierre leaves a message in the voicemail of Shayna, stating that if Shayna does not contact Pierre within one hour, then Pierre would consider that the Shayna wants to purchase the painting.

It is not a valid contract as it lacks the acceptance of the offer from Shayna.

Pierre enters the contract to sell the painting without considering the acceptance of the offer by Shayna. Pierre puts a condition that if she does not receive any revert from Shayna within one hour, then she would consider that Shayna has accepted the offer. For a valid contract, the promisee should accept the offer but the condition of acceptance (revert within one hour) does not state for the acceptance of Shayna. So, it will not be considered a valid contract.

<u>Thus, the contract between Pierre and Shayna is not a valid contract due to non-acceptence. </u>

Learn more:

1. Learn more about the cash deficiency

brainly.com/question/12981857

2. Learn more about the span of control

brainly.com/question/12986822

3. Learn more about the sales budget  

brainly.com/question/12985585

Answer details:

Grade: Senior School

Subject: Business Law

Chapter: Contract Act

Keywords: Pierre, message, Shayna, voicemail, painting, mind, sell, steal, people, ASAP, hear, within an hour, not a valid contract, purchase a painting, lack of a(n), contract act, agreement, law, business law, promise, valid contract.

7 0
3 years ago
Evaluating and rewarding managers based on absorption basis income can lead to overproduction. true or false
nikklg [1K]

Answer:

True

Explanation:

The absorption basis of income, profits are always high when the production is greater than income because more fixed costs will have been deferred in closing inventory.

So, managers will focus more on increasing production which create huge balances of closing stocks and consequently results in large profits.

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3 years ago
What would u say if u saw a stranger
Readme [11.4K]

I wouldn't say anything to them. (Unless they say something to me)

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2 years ago
When does a substance releases heat?? (it's about changing state of matter)
Andrej [43]
Heat is released when a substance changes from a gas to a liquid, or from a liquid to a solid.

When a liquid changes to a solid, we refer to that as the process of 'freezing'.
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3 years ago
__________ values and norms are exhibited by employees based on their observations of what actually goes on in the organization.
abruzzese [7]

Based on their observations of what actually occurs in the organization, employees demonstrate the enacted values and norms.

Your values are the things you hold dear in terms of how you conduct your life and career. Value indicates the significance of an action or thing in ethics and social sciences. Values include things like money, allegiance, independence, fairness, equality, justice, brotherhood, and friendship. Values include things like money, allegiance, independence, fairness, equality, justice, brotherhood, and friendship. In the social sciences, norms are a key notion. Norms are most frequently described as socially imposed laws or expectations. Norms can be prescriptive (encouraging good behavior, such as "be honest") or proscriptive (forbidding bad behavior, such as "do not cheat").

Learn more about Norms here

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8 0
1 year ago
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