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ira [324]
3 years ago
8

According to the marginal productivity theory of income

Business
1 answer:
Anna71 [15]3 years ago
5 0

Answer:

The income received by an individual who supplies labor services equals the incremental benefit generated to the firm by the individual´s labor

Explanation:

The marginal productivity theory of income or wages states:  firms pay a salary that is equal to the extra benefit a (that is why is marginal; an extra unit in this case is an extra unit of labor) worker represents in output of production. In other words, if the firm employees a new worker, its salary would be equal to the extra output produced by him or her (marginal product of labor). Because of this, wages depend on the production function each firm has. The mathematical formula to get the marginal product of labor is: dF/dL, where F is the production function and L represent labor in it.

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81) When a seller advertises an item at a low price but once in store pushes a similar item at a higher price, the seller is par
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E) bait and switch

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4. Which organization serves as the principal operations center for the Department of Homeland Security? A. Disaster Response Ce
Svetllana [295]

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B. National Operations Center

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The Mary Company primarily sells dishes, and recently purchased a cardboard box company. Mary's new cardboard box division has n
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Answer:

The solution to the following problem is done below.

Explanation:

a) Journalize the entries to record the admission of adam to the partnership.

Account Title                                                                          Dr            Cr

Kala, Capital                                                                         20,000

Adam, Capital                                                                                       20,000

Cash                                                                                      10,000

Kala, Capital                                                                                           8,000

Leah, Capital                                                                         6,000

Adam, Capital                                                                                        24,000

b) Immediately after adam's admission to the partnership, leah sells one-fourth of her interest to denton for $35,000. journalize the entry to record the transaction.

Account Title                                                                          Dr            Cr

Leah, Capital                                                                        13,500

Denton, Capital                                                                                    13,500

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