Answer:
★ Farm products which are perishable and seasonal nature are supplied by many producers.
Explanation:
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Dafuq is this dumb site. This is some bull the verified answers where always wrong like dafuq is the point.
Answer:
The correct answer is letter "D": product of an extra worker is less than the previous worker's marginal product.
Explanation:
The Law of Diminishing Marginal Productivity indicates that increasing one variable while holding others the same can initially increase output but eventually adding more of that variable results in lower return rates. This law helps explain that it is not always the best way to increase income by increasing production.
<em>Initially, companies recruiting additional workers would boost production until too few machines or not enough space is sufficient to accommodate everyone. Then, the production rate will decrease.</em>
Answer:
A) $792,000
Explanation:
33,000 shares of common stock
issued at:
market value 24 dollars
face vale 1 dollar
additional paid-in 23 per share
<u>Equity:</u>
<em>Common Stock </em>
33,000 shares x 1 = 33,000
<em>Additional Paid-in capital</em>
33,000 shares x 23 = 759,000
Total capital 792,000
The total paid-in capital will be the sum of both, the common stock and the paid-in capital in excess of par.
When solving for the gross profit on a product use:
Gross profit = Sales - Cost of goods sold
Sales = $814,000
Cost of goods sold = $386,650
Gross profit = $814,000 - $386,650
Gross profit = $445,350
