All categories

2 years ago

The law of diminishing marginal product of labor is demonstrated by which of the following?

Business

1 answer:

Nesterboy [21]2 years ago

3 0

Answer:

Option b. Total output increases at a decreasing rate as you increase the quantity of labor.

Explanation:

According to the following definition:

The law of diminishing marginal productivity states that while increasing one input and keeping other inputs at the same level may initially increase output, further increases in that input will have a limited effect and will eventually have no effect, or a negative effect, on output.

You might be interested in

An employee at falcon security is studying an analysis of data regarding the occurrence of problems and failures with its drones

Rama09 [41]

An employee at Falcon Security is studying an analyst of data regarding the occurrence of problems and failures with its drones camera. Based on the analysis, the employee may schedule maintenance on the equipment Falcon Security is using the analysis to decision making.

6 0

2 years ago

At year-end, harris co. had shipped $12,500 of merchandise fob destination to harlow co. which company should include the $12,50

lara31 [8.8K]

Answer:

The answer is Harris Co, who should include the $12,500 of the merchandise in transit as part of its year-end inventory.

Explanation:

For this question, we must first need to understand the FOB destination.

FOB destination:

Selling term under which the ownership of goods sold and shipped remain with the seller - Harris Co.
This is until the goods arrive at the buyer's destination
Once the goods reached at buyer's receiving dock, the ownership is transferred to the buyer from the seller - In this case, buyer is Harlow Co

Further explanation:

In this case, Harris Co shipped $12,500 of merchandise FOB destination to Harlow Co. The ownership will remain with the company Harris Co (seller) that shipped the goods to Harlow Co (buyer), until they arrive at the buyer company Harlow Co's receiving dock.

8 0

2 years ago

Blossom Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be dri

Ghella [55]

Answer:

$0.20 per miles, $6,400, $6,540

Explanation:

The calculation of the depreciation per unit and its expense method is presented below:

= (Original cost - residual value) ÷ (estimate driven miles)

= ($33,600 - $200) ÷ (167,000 miles)

= ($33,400) ÷ (167,000 miles)

= $0.20 per miles

Now for the 2021 year, it would be

= Miles driven in 2021 year × depreciation per miles

= 32,000 miles × $0.20

= $6,400

And, in 2022, it would be

= Miles driven in 2022 year × depreciation per miles

= 32,700 miles × $0.20

= $6,540

3 0

3 years ago

Consider a risky portfolio. The end-of-year cash flow derived from the portfolio will be either $50,000 or $150,000, with equal

kvv77 [185]

Answer:

A. $86,956.52

B. 15%

C.$83,333.33

Explanation:

a) Calculation for how much will you be willing to pay for the portfolio

First step is to calculate the required rate of return on the portfolio using this formula

The required rate of return on the portfolio= Risk Free Return+Risk Premium

Let plug in the formula

The required rate of return on the portfolio=5%+10%

The required rate of return on the portfolio=15%

Second step is to calculate the Expected value of the portfolio

Expected value of the portfolio= 0.5*50,000+0.5*150,000

Expected value of the portfolio =$100,000

Assuming x is the amount you will be willing to pay for the portfolio which means that:

x*(1+15%)=100,000 OR x= $86,956.52

Therefore You would be willing to pay $86,956.52 for the portfolio.

b) Calculation for What will the expected rate of return on the portfolio be

Expected return on the portfolio= (100,000-86,956.52)/86,956.52

Expected return on the portfolio=15%

Therefore the Expected return on the portfolio will be 15%

c) Calculation for What is the price you will be willing to pay now

In a situation where the risk premium is 15%, which means that the required rate of return will be

Required rate of return=5%+15%

Required rate of return=20%

Therefore the price you will be willing to pay= 100,000/(1+20%)

Price=$83,333.33

3 0

1 year ago

The biggest criticism of the righteous moralist approach to an ethical situation is that it

valentina_108 [34]

Answer:

The correct answer is the last option: goes too far and not every situation can be approached relying on home-country standards.

Explanation:

To begin with, the righteous moralist approach to ethics refers to the belief, that the standards of ethics from a multinational's home-country are the appropiate ones to implement in companies from foreign countries, therefore that this model is very associated with managers from developed nations. Moreover, the biggest criticism to that model is that it goes too far and it does not consider that not every situation can be approached relying on home-country standards due to the fact that every nation is different and the companies in them can not imitate the standards used in the other ones.

7 0

2 years ago