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BARSIC [14]
3 years ago
14

The marginal rate of technical substitution: A. equals the marginal product of capital times the marginal product of labor. B. i

s the horizontal distance between two isoquants. C. measures the rate at which marginal product declines as inputs are increased. D. measures the degree to which one input can be substituted for another, output held constant.
Business
1 answer:
Luba_88 [7]3 years ago
7 0

Answer:

D. measures the degree to which one input can be substituted for another, output held constant.

Explanation:

Marginal Rate of Technical Substitution is the rate at which producer gives up one input, in exchange of other input, maintaining the same output level.

So implicatively, it denotes the degree to which one input can be substituted for another, output held constant.

MRTS (K,L) = MP L / MP K = w / r  ; Where :-

K = Capital, L = Labour, MP L = Marginal Productivity of Labour, MP K = Marginal Productivity of Capital, w = Wages, r = Rent

MRTS is diminishing, because of decreasing marginal productivities of factor inputs.

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ArbitrLikvidat [17]
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Phishing is defined as an attempt to get confidential information like credit card details, usernames and passwords by presenting itself as a trusted entity in an electronic communication. 

A lot of phishing incidents have already been happening in the real world and lots of money from bank accounts have been stolen because the thief will then assume the electronic identity of the owner and make unauthorized transactions. </span>
3 0
3 years ago
"Scott Manufacturing Co.'s static budget at 10,000 units of production includes $40,000 for direct labor and $4,000 for electric
Assoli18 [71]

Answer:

Total costs= $75,000

Explanation:

Giving the following information:

For 10,000 units:

$40,000 for direct labor

$4,000 for electric power

Total fixed costs are $23,000

We need to determine the unitary variable cost for direct labor and electric power:

Unitary direct labor= 40,000/10,000= $4

Electric power= 4,000/10,000= $0.4 per unit

Now, for 12,000 units:

Total direct labor cost= 4*12,000= $48,000

Electric power= 0.4*12,000= $4,800

Fixed costs= 23,000

Total costs= $75,000

4 0
3 years ago
Which of the following integrates the functions of operations management, logistics management, procurement, and marketing chann
MA_775_DIABLO [31]

Answer: Supply chain management

Explanation: The supply chain management is a form of organizational management that oversees the production, storing and distribution of the products from a manufacturing company to the end user/retailer. The supply chain manager ensures that the right amount of product is produced to meet the needs of the target market.

The supply chain manager also supervises the various channels of supply of a company's product.

7 0
3 years ago
Use the following information to answer the next three questions.
nalin [4]

Answer:

The  alignment of numbers in the first part of the question is off. However, you solve this question as shown below. The correct answer is C. $1,124.

Explanation:

This is a one-time cashflow type of question where the principal amount is invested once and no other addition is made to the account. You use the future value formula to solve the result of the compounding effect at year 3.

FV formula;

FV = PV(1+r)^n

PV = 800

discount rate; r = 12% or 0.12

total duration of investment; n = 3

therefore; FV = 800(1+0.12)^3

FV = 800 * 1.404928

FV = 1123.94

To the nearest whole dollar, the amount will grow to $1,124

6 0
3 years ago
Ferret boy names NO HUMAN NAMES (chase, rick, bob, george, etc)
DaniilM [7]

Answer:

jimmy

Explanation:

just bc i said so its funny and cute

8 0
2 years ago
Read 2 more answers
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