The answer is c. 1.6 times more than a high school diploma
Answer:
Google Docs.
Explanation:
I think is the best option due to the time zone differences. Everybody can contribute writing something and save it, so other people can correct or continue typing online.
Answer:
The correct answer to the following question is that the MRP for the 1st worker - $240 , 2nd worker - $174 , for 3rd worker - $120, 4th worker - $75 and for the 5th worker is $36 .
Explanation:
It is given that for a monopoly firm, the 1st unit it sells each day is for $50 and for each second it is $49 and so on . Also the first worker hired will produce 5 units a day, second would produce 4 units a day and so on.
So for finding the MRP - Change in revenue / Change in labor
1 st worker - $50 + $49 + $48 + $47 + $46 / $1
= $240
2nd worker - $45 + $44 + $43 + $42 / $1
= $174
3 rd worker - $41 + $40 + $39 / $1
= $120
4th worker - $38 + $37 / $1
= $75
5th worker - $36
Answer:
Probably Bad.
Explanation:
It would be very hard to do..pretty much anything without the internet. I cant search up anything that might help me with something.
Question:
When firms grow larger they sometime add many additional layers of managers between the top executives and the entry-level employees Because these managers not actually produce any output themselves, we expect more layers of management to lead to a:
A) Diminishing marginal return.
B) Increasing marginal returns.
C) Diseconomies of scale
D) Economies of scale
Answer:
The correct answer is C) Diseconomies of scale.
Explanation:
Too many layers of management, too little control, too many locations, and too many products are all recipes for a "diseconomies" of scale situation. There's a point at which average costs stop falling as production increases, which may also be the point at which costs start to rise as a result of this inefficiency.
Diseconomies of scale is a microeconomics principle which refer to the cost disadvantages that economic actors accrue due to an increase in organizational size or on output, resulting in production of goods and services at increased per-unit costs. The concept of diseconomies of scale is the opposite of economies of scale.
For example, if a product is made up of two components, solution A and Solution B, diseconomies of scale might occur if gadget B is produced at a slower rate than gadget A. This forces the company to slow the production of gadget A, increasing its per-unit cost.
Another example would be if the Human Resource Planning Unit goes on a recruitment spree without first planning the the workforce. This would result in diseconomies of scale and may also be caused by the lack of proper coordination in a business where operational waste becomes the order of the day.
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