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pentagon [3]
3 years ago
6

Bill lives in montana and likes to grow zucchini. he applies fertilizer to his crops twice during the growing season and notices

that the second layer of fertilizer increases his crop, but not as much as the first layer. what economic concept best explains this observation?
Business
1 answer:
LUCKY_DIMON [66]3 years ago
6 0
<span>The economic concept that best explains this situation is the law of diminishing returns. The law of diminishing returns explains that as an increased input is put onto an object with all other factors held constant, the output of that product will continually decrease as more and more of that input is added.</span>
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A study was done on the campus of a major state institution to measure attitudes of students to-wards the recent fee increase. O
kiruha [24]

Answer: Ordinal scale.

Explanation:Ordinal scale is the level of measurement that gives the ranking of data without showing the degree of variation between them. It helps in identifying if object has more or less characteristic when compared to another object but does not tell the exact weight of the characteristic. Data in Ordinal scale is usually given in order of magnitude since there is no standard of measurement of differences. For example 1=most willing to 5=least willing.

3 0
3 years ago
Select all that apply.
FrozenT [24]
The answer is :
B,c&d
5 0
2 years ago
Read 2 more answers
Gregory was talking with kareem, his assistant manager, saying, "when i make a decision on which employees will do a project, i
Ira Lisetskai [31]
<span>Gregory's rules of thumb, which he uses in decision making, are known as heuristics.
Heuristic refers to a solution to a problem - it is something you employ in order to achieve the best results possible. These methods you use may not be perfect, but they will help you do what you intended to do properly.
</span>
5 0
3 years ago
___ is a portfolio-planning tool for identifying company growth opportunities through market penetration, market development, pr
pentagon [3]

Answer:

Product market expansion grid

Explanation:

Product market expansion grid -  

It is used to plan for the company , when the company is indeed of expanding , is referred to as Product market expansion grid .  

The strategy or information required for the company to increase sale of the goods and services or introducing a new product in the upcoming market , uses this plan.  

Hence , from the given information of the question,

The correct term is  Product market expansion grid .

8 0
3 years ago
A lender is willing to provide a loan equal to 80% of a property worth $360,000. If such a loan carries an interest rate of 7.5%
lukranit [14]

Answer:

B) $11,750

Explanation:

annual mortgage payment = net operating income - (outstanding loan balance x loan payment factor)

outstanding loan balance = property value x loan percentage

annual mortgage payment = $40,000 - [($360,000 x 80%) x 0.09809] = $40,000 - ($288,000 x 0.09809) = $40,000 - $28,250 = $11,750

5 0
3 years ago
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