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3 years ago

Diminishing marginal product explains why, as a firm’s output increases __________.

Business

1 answer:

DerKrebs [107]3 years ago

3 0

Answer:

The correct answer is d) The production function gets flatter, while the total-cost curve gets steeper.

Explanation:

Diminishing marginal product explains why, as a firm's output increases, The production function gets flatter, while the total-cost curve gets steeper.

A firm is producing x amount of units at a total cost of Y. If it were to increase production in 1 units, its total cost would rise.

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You have an investment account that started with $3 comma 000 10 years ago and which now has grown to $6 comma 000. a. What an

zloy xaker [14]

Answer:

The correct answer for option (a) is 7.17% and for option (b) is $48,546.69.

Explanation:

According to the scenario, the given data are as follows:

(a) Present value = $3,000

Future value = $6,000

Time period = 10 years

So, we can calculate the annual rate of return by using following formula:

Rate of return = (( FV ÷ PV)^1/t -1)

= (( $6,000 ÷ $3,000)^1/10 -1)

= (2)^0.1 - 1

= 1.07177346254 - 1

= .07177 or 7.17%

(b) Present value = $12,000

Rate of interest (r) = 15%

Time period = 10 year

So, we can calculate the Future value by using following formula:

FV = PV × ( 1+r)^t

= $12,000 × ( 1 + 15%)^10

= $12,000 × 4.04555773571

= $48,546.69

8 0

3 years ago

Tharaldson Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Stan

balandron [24]

Answer:

$14,160 F

Explanation:

The computation of the labor efficiency variance is shown below:

As we know that

Labor Efficiency Variance = (Standard Hours - Actual Hours) × Standard Rate

where,

Standard hours is

= 3,400 units × 0.5 hours

= 1,700 hours

And, the actual hours is 520 hours

And, the standard rate is $12

So, the labor efficiency variance is

= (1,700 hours - 520 hours) × $12

= $14,160 favorable

Since standard hours is more than the actual hours so it would lead to favorable variance

5 0

3 years ago

Capital budgeting, capital structure, and dividend policy decisions are important to managers and shareholders because their con

soldier1979 [14.2K]

Answer:

A) true

Explanation:

Capital budgeting is essential to managers in allocation of scarce capital to some investment in an accretive manner. Capital budgeting could be regarded as process undertaken by business so that potential major projects as well as investments can be evaluated. Dividend policy could be regarded as a policy utilize by company in structuring

dividend payout to their shareholders. It should be noted that Capital budgeting, capital structure, and dividend policy decisions are important to managers and shareholders because their consequences can affect the amount, timing, and riskiness of the cash flows produced by the firm and its securities.

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3 years ago

. Tiger Mfg. owns a manufacturing facility that is currently sitting idle. The facility is located on a piece of land that origi

N76 [4]

Answer: $1,200,000

Explanation:

The firm should include $1,200,000 as the cost of the Manufacturing facility for a new project in it's analysis.

This is because $1,200,000 is the opportunity cost of not selling the facility. The old costs that were incurred for the land and the facility are to be considered sunk costs as they have already been incurred and the only relevant cost now is what the market will pay for the facility which is $1,200,000.

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3 years ago

A consumer organization in ohio has challenged the marketing decision of a local firm alleging it to be against the larger socia

Vesnalui [34]

<span>This is the citizen-action public. In these cases, watchdogs and other advocacy groups looking out for the wellbeing of the public take companies and organizations to task for decisions that it determines are deleterious to the greater good. These groups can lead petition drives or voter initiatives, lawsuits or advertising campaigns, among other tactics.</span>

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3 years ago