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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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<span>Fiscal policy allows the government to adjust taxes and government spending during times of recession and in times when the economy is doing really well. During a recession the government will often lower taxes and interest rates and increase government spending in order to boost the economy. When the economy is going well, tax rates and interest rates will be increased and government spending will be slashed in order to create a surplus for harder times when the government needs to spend more.</span>
4 0
4 years ago
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A home mortgage is considered a secured loan because it is backed by __________.
Ierofanga [76]
<span>It is backed by collateral, and in this case since it is a home mortgage, the collateral is your home. That means that if you don't pay your loan monthly payments on time or don't pay them at all, then they can take your home away and you can end up on the streets. That's why it is secured, it is secured for the bank, not for you.</span>
8 0
3 years ago
Furniture Face Lift refinishes old wood furniture. Their process for refinishing chairs has 8 workers and 4 stations. Each chair
vichka [17]

Answer:

13.19 hours

Explanation:

Station    Staffing     Processing time (Hours     Capacity = Staffing /

                                    per chair per worker)         Processing time

Stripping     3                            2.5                                   1.2

Priming        2                            1.5                                   1.33

Painting       3                            1.75                                 1.714

Inspection    1                            0.8                                  1.25

Stripping has the lowest capacity, hence it will be having bottleneck, thus the process capacity is 1.2.

Total time to produce the 1st chair = 2.5 + 1.5 + 1.75 + 0.8

Total time to produce the 1st chair = 6.55 hours

Time to produce subsequent chair = 1/1.2

Time to produce subsequent chair = 0.83 hrs

Total time taken to produce 10 chairs = 6.55 hours + 0.83 hrs*8 Workers

Total time taken to produce 10 chairs = 6.55 hours + 6.64 hours

Total time taken to produce 10 chairs = 13.19 hours

5 0
3 years ago
Compare the pros and cons of the internal and external recruitment of human resources.
Andrei [34K]

Advantages:

<span>Current employees already know the rules, regulations and culture of the organisation.Employees have understanding of how the organisation operates and do not need an induction programme.The organisation knows employees and have detailed records from previous supervisorsOffering opportunities to internal employees may boost the morale of the staff members.Allowing employees to move vertically and horizontally within the organisation could reduce the possibility of her looking for another job.A positive image is created in the organisation</span>

Disadvantages:

<span>No new or fresh ideas are brought into the organisationThe job advertised may require skills not currently available within the organisationPromotion of an internal employee could cause resentment amongst other employees, who may feel they deserve the post more than the promoted employee.The number of applicants from which to choose may be too high or limited.It is possible to promote less qualified employees than those from outside of the organisation, in order to comply with the internal recruitment policy or the Employment Equity Act.Most internal applicants have been stagnant in their posts for so long and will not positively contribute any new ideas.Harden negative attitudes of internal employees cannot be changed by promotion.Lazy employees cannot suddenly change into ‘star’ employees because they have been promoted.<span>Contagious negative habits and behaviour by one negative employee can easily be passed on to other divisions.
</span></span>
5 0
3 years ago
Assume that you pay $2,849. 84 in state property taxes every year. If your property has an assessed value of $41,302, what is yo
Alex787 [66]

The property tax rate for the assessed property of $41,302 is <em><u>0.069</u></em>.

The property tax is the value holding the property paid to the statement in the form of their charges or in the form of their state revenue.

Computation:

Given,

State property tax =$2849.84

The assessed value of property =$41,302

The tax rate is computed by dividing the tax amount by the actual value of the property.

\begin{aligned}\text{Tax Rate}&=\dfrac{\text{State Property Tax}}{\text{Assessed Value}}\\\ &=\dfrac{\$2,849.84}{\$41,302}\\\ &=0.069\end{aligned}

The tax rate upon which the property tax is paid is <em><u>0.069</u></em>, that is option d. is correct.

To know more about property tax, refer to the link:

brainly.com/question/855419

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