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Phoenix [80]
3 years ago
6

The total product curve: a. will become flatter as output increases if there are diminishing returns to the variable input. b. w

ill be downward-sloping if there are diminishing returns to the variable input. c. shows the relation between output and the quantity of a variable input for varying levels of the fixed input. d. will become horizontal when the marginal product of the variable input is constant.
Business
1 answer:
Vinvika [58]3 years ago
8 0

Answer:

B) Will become flatter as output increases if there are diminishing returns to the variable input

Explanation:

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Answer:

The journal entries are as follows:

(a) Accounts receivables [$2,200 - 2%] A/c Dr. $2,156

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(c) Cash A/c Dr. $2,156

       To Accounts receivables  $2,156

(To record payment within discount term)

3 0
3 years ago
Easton Co. deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of busines
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Answer:

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3 years ago
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bonufazy [111]
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Explanation:

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Financial Statements, Closing Entries &amp; Ratio Analysis
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