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balandron [24]
3 years ago
15

When caroline's dress factory hires two workers, the total product is 50 dresses. when she hires three workers, total product is

60, and when she hires four workers, total product is 65. the slope of the marginal product curve when two to four workers are hired is?
Business
1 answer:
Soloha48 [4]3 years ago
8 0
<span>With the increase in the hiring of workers each time, the production of the dresses also increased though not too much of an increase. So the slope of the marginal product curve when two to four workers are hired is downward sloping.</span>
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7 0
2 years ago
Calhoun Crockery sold merchandise; the total proceeds collected, including a 7% sales tax, amounted to $74,900.
Gala2k [10]

Answer:

Option (b) is correct.

Explanation:

Sale value of the merchandise = $74,900

Sales tax liability = $74,900 × (7% ÷ 107%)

                         = $4,900

Sale value prior to sales tax = $74,900 - $4,900

                                               = $70,000

Sales tax @7% on $70,000 = $4,900

Hope the above calculation will clear the concept since the question clearly mention that

Calhoun Crockery sold merchandise; the total proceeds collected, including a 7% sales tax, amounted to $74,900.

This $74,900 includes 7% tax also it means that the collected proceed is 100% + 7% = 107%

which includes 7% tax liability.

4 0
3 years ago
At Ruth Company, events and transactions during 2020 included the following. The tax rate for all items is 20%. (1) Depreciation
Ann [662]

Answer:

D. ($100,000)

Explanation:

Calculation for what The effect of these events and transactions on 2020 income from continuing operations net of tax would be

Continuing operations net of tax=(20%*$125,000)-$125,000

Continuing operations net of tax=$25,000-$125,000

Continuing operations net of tax=($100,000)

Therefore The effect of these events and transactions on 2020 income from continuing operations net of tax would be ($100,000)

3 0
2 years ago
Consider a public policy aimed as e-cigarettes. Assume the elasticity of demand is 0.4. If a Juul with two pods cost $40.00 and
Iteru [2.4K]

In order to reduce the Juuling by 20%, price would have to rise by 50%.

<h3>What is price elasticity of demand?</h3>

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one.

<h3>What should be the percentage rise in price?</h3>

0.4 = 20%/ price

price = 20% / 0.4

= 50%

To learn more about price elasticity of demand, please check: brainly.com/question/18850846

6 0
2 years ago
The equity of alliance company is and the total liabilities are . the total assets are ________.
ludmilkaskok [199]

The equity of Alliance Company is $160,000 and the total liabilities are $80,000. The total assets are​ $2,40,000.

According to the accounting equation:

ASSETS= EQUITY+LIABILITIES

ASSETS= 1,60,000+80,000

ASSETS= $2,40,000

The total assets are​ $2,40,000.

Complete Question: The equity of Alliance Company is $160,000 and the total liabilities are $80,000.

#SPJ4

5 0
1 year ago
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