Answer:
c. decrease
Explanation:
The law of diminishing marginal return confers that adding more of a unit of production while holding the other inputs constant will lead to a decline in productivity. Employing more units of a particular input will increase productivity until the optimal level is achieved. Beyond the optimal level, the benefits from an extra input will increase at a decreasing rate and eventually losses.
Adding more custodians will be beneficial up to the level only. Any extra custodians past the optimal level will cause a reduction in labor productivity.
Answer:
B. 20,904
Explanation:
For computing the additional pens first we have to determine the contribution per unit which is shown below:
Revenue $500,000
Less: Plastic cost -$200,000
Less: ink cost -$1,000
Contribution margin $299,000
Divided by Number of units sold ($500,000 ÷ $2) $250,000
Contribution per unit $1.196
Now the additional pens required is
= $25,000 ÷ $1.196
= $20,904
Answer:
C.
Explanation:
The Gross national product (GNP) is a tool used to measure the nation's total economic activity. Therefore it can be said that these accounts should not only include imports and exports of final goods and services received from and sold to other countries instead the total values and imports and exports should be included in the calculation of the GNP
Answer:
A. $600
Explanation:
The formula and the computation of the Marginal propensity to consume are shown below:
Marginal propensity to consume = Change in consumer spending ÷ Change in disposal income
0.6 = Change in consumer spending ÷ $1,000
So, the change in consumer spending is
= $1,000 × 0.6
= $600
Hence, the consumption that is given in the question is not considered. Therefore, ignored it
