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Anon25 [30]
3 years ago
8

A farm can produce 1,000 bushels of wheat per year with two workers or 1,300 bushels of wheat per year with four workers. The ma

rginal product of the fourth worker is _______ bushels.a. 1,300
b. 300
c. 100
d. 150
Business
1 answer:
-Dominant- [34]3 years ago
6 0

Answer:

The correct answer is option (D).

Explanation:

According to the given scenario, given data are as follows:

Production with two workers = 1,000 bushels

Production with four workers = 1,300 bushels

Hence, the marginal product of the fourth worker can be calculated by the following formula:

Marginal Product of Labor ( MPL ) = Change in output quantity / Change in labor quantity

MPL = ( 1300 - 1000 ) / ( 4 - 2 )

MPL = 300 / 2

MPL = 150

Therefore, the marginal product of the fourth worker is 150 bushels.

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eimsori [14]

Answer:

The correct answer is A) be subtracted from net income

Explanation:

The indirect method involves the adjustment of net income with changes in balance sheet accounts to arrive at the amount of cash generated by operating activities.

It depends on the account if it is added or subtracted to net income.

A gain from the sale of equipment is subtracted from net income

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3 years ago
Which of the following correctly orders the investments from LOWER risk to HIGHER risk? ATreasury bond − Stock − Diversified mut
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The correct answer is letter D: Diversified mutual fund - Treasury bond - stock. 

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A _____ invests capital in startup enterprises for a living.
mario62 [17]

Answer:

A venture capitalist invests capital in startup enterprises for a living.

Explanation:

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Venture capitalists fund startup or small enterprises that have a desire to expand their business but don't have the means to do so. Venture capitalists are willing to invest considering the risk because they think about the profit or the return they will get once it succeeded.

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4 years ago
Read 2 more answers
L Inc. has provided the following data for the month of November. The balance in the Finished Goods inventory account at the beg
Softa [21]

Answer:

Adjusted cost of goods sold          234,900

Explanation:

<em>To calculate the the adjusted cost of goods sold , we need to first determine the over or under applied overhead.</em>

<em>Over applied overhead = absorbed overhead - actual over heads</em>

                                         =$59,200- $55,900

                                         = $3,300

<em>This will be deducted from the the cost of goods produced because it is the amount by the which actual production has been over stated.</em>

The adjusted cost of goods sold is determined as follows:

                                                             $

Opening inventory                           55,000

Cost of goods manufactured          213,000

Over applied overheads                  (3,300)

Less closing inventory                    <u> (30,300)</u>

Adjusted cost of goods sold        <u>  </u><u>234,900</u>

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4 years ago
Suppose that real GDP grew more in Country A than in Country B last year.
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D is the ắner hope this helps
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4 years ago
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