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pishuonlain [190]
4 years ago
7

Select the components or inputs associated with the production function where gross domestic product (GDP)

Business
1 answer:
MatroZZZ [7]4 years ago
4 0

Answer:

A) the output

Explanation:

The production function describes a boundary or frontier representing the limit of output obtainable from each feasible combination of inputs.

Firms use the production function to determine how much output they should produce given the price of a good, and what combination of inputs they should use to produce given the price of capital and labor.

The production function also gives information about increasing or decreasing returns to scale and the marginal products of labor and capital.

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Formula for efficency<br>​
telo118 [61]

Answer:

Efficiency is often measured as the ratio of useful output to total input, which can be expressed with the mathematical formula r=P/C, where P is the amount of useful output ("product") produced per the amount C ("cost") of resources consumed.

Hope it helps.

5 0
4 years ago
Read 2 more answers
Bob decides to sell his home as termites are ruining its foundation. Jill purchases the property and does not know about the ter
Murrr4er [49]

Answer: True

Explanation:

US State Laws protect home buyers by requiring that home sellers disclose any and everything in the property that may reduce the value of the property.

They require that any repairs that need to be made and any defects that it may have be disclosed before the property is sold. This is particularly true for Texas.

If a property is sold wilfully with knowledge of these defects then the party selling is liable for fraud as well as a civil suit that the seller may bring against them. Selling the house under the condition ' As Is ' does not void these obligations either.

So yes, as Bob was aware of this issue and remained silent, he must pay $50,000 to Jill or fix the termite damage, even though the home is no longer his.

3 0
3 years ago
Identify and describe the three basic forms of reinforcement that most directly influence behavior in organizations.
Andrews [41]

Answer:

Positive Reinforcement: Giving a desired reward when a behavior is performed to increase how often the person repeats the behavior.

reinforcement: The process of increasing the incidence of a directly measurable behavior.

negative reinforcement: The removal of an unpleasant condition or consequence when a behavior is performed to increase how often the behavior is repeated.

7 0
4 years ago
Bagley Corporation expects to incur $900,000 of factory overhead and $600,000 of general and administrative costs next year. Dir
Burka [1]

Answer:

Overheads apply = $2,400

Explanation:

given data

factory overhead = $900,000

general and administrative costs = $600,000

per hour = $20

Direct labor costs = $300,000

solution

we know here Total direct labor hours that is

Total direct labor hours = \frac{$300000}{$20}

Total direct labor hours  = 15,000 direct labor hours

so here Factory overheads per direct labor hour will be

Factory overheads per direct labor hour = \frac{900000}{15000}

Factory overheads per direct labor hour = $60 per direct labor hour

so here  Overheads applied to Job  will be

Overheads apply = 40 direct labor hours × $60 per direct labor

Overheads apply = $2,400

3 0
3 years ago
3. What are you doing to maxiumize your profits at this time?​
Zanzabum

Answer:

investing

Explanation:

it is good to invest your money in things that you know will be of greater value in the future. For example, "Apple statistics" states that If you had bought $1,000 worth of Apple shares on January 9, 2007, the day Steve Jobs unveiled the original iPhone at MacWorld 2007, your investment would now be worth $26,103.

8 0
4 years ago
Read 2 more answers
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