<u>When the average product of labor is decreasing, the marginal product of labor is less than average product of the labor.</u>
Explanation:
whenever the marginal product of labor is greater than the average product of labor the average product of labor must be increasing.
Average Product of labor is defined as the total output that a firm produces divided by the amount of workers required to produce that output.
Marginal Product of Labor is defined as the additional output produced by a firm because of hiring extra workers .
Production function is defined as the inputs used by a firm and the maximum output a firm can produce by employing those inputs
<u>Thus we can say that When the average product of labor is decreasing, the marginal product of labor is less than average product of the labor.</u>
Capital for a month on a balance sheet:
The net working capital formula is calculated by subtracting the current liabilities from the current assets. Here is what the basic equation looks like. Typical current assets that are included in the net working capital calculation are cash, accounts receivable, inventory, and short-term investments.
Answer:
A, Offer a guarantee for the customer's complete satisfaction.
Explanation:
SInce services are inseperable beacuse there cannot be trials unlike in some goods, the only way to keep a customer's mind at rest over the service he or she is getting to give a guarantee as to the quality of the service such that the customer is satisfied and can purchase the service.
For example, giving a customer a time frame for the durability of a service and also a consideration for re-service before the set or supposed time is a way of giving customer guarantee about a service he or she is purchasing
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Cheers.
Answer:
Information signaling
Explanation:
Information signalling is defined as the various actions a firm takes that communicates it's financial outlook. For example if a firm releases a dividend policy it communicates the value of the firm's stock.
In this scenario the CEO announced increase in the firm's dividend. This will convey to investors that the company has a competitive advantage which will result in additional income, so dividends are being raised.
It is an indirect way of announcing good news about the prospect of a new technology being created.
I would tell them were other store you can by it that can have there produce available
