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scZoUnD [109]
3 years ago
6

In a Cobb–Douglas production function the marginal product of labor will increase if:

Business
1 answer:
KengaRu [80]3 years ago
3 0

Answer:

Option "B" is the correct answer to the following statement.

Explanation:

The rise in the labor workforce would raise the productive output of capital in a specific Cobb – Douglas output method, and it will raise the actual rental price of resources.

The gross amount of capital would also rise in the output of Cobb-Douglas if the volume of labor grows.

Under this function, human capital will help in the production of the product, human capital and marginal production are directly proportionate to each other.

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The accounting cycle starts with a.closing out the periodic accounts. b.recording the transaction based on the information in a
saul85 [17]

Answer:

letter b, recording the transaction based on the information in a source document

Explanation:

The "Accounting Cycle" follows a series of steps in order to assist the accounting transactions of a company or business. It starts with the "Transaction step" <em>(the first step</em>) where<u> </u><u><em>the source documents have to be examined in order to analyzed transactions.</em></u> This also includes the recording of the transaction in the journal.

This step is followed by <em>Posting the Entries into the Ledger Accounts, Preparing the Unadjusted Trial Balance, Adjusting the Journal Entries, Preparing the Adjusted Trial Balance, Recording Reversing Entries, Preparing Post-Closing Trial Balance, Record Closing of Entries and Preparing Financial Statements.</em>

6 0
3 years ago
Imagine that you invest $100,000 in an account that pays 5.9% annual interest compounded monthly. What will your balance be at t
kodGreya [7K]
The compound interest formula is: A= P(1+ \frac{r}{n} ) ^{nt}
Where:
A is the amount you will have.
P is the money you are investing.
r: is the interest rate (in decimals)
n: number of times the interest is compounded per year
t: time (in years)

The first thing is converting the rate from percentage to decimal: 
\frac{5.9}{100} = 0.059

Since the interest is compounded every month and a year has 12 months n=12.

Now we can replace the values in our formula:
A=100000(1+ \frac{0.059}{12} ) ^{(12)(18)}

We can simplify the exponents to get:
A=100000(1+ \frac{0.059}{12} ) ^{216}

Finally, we can use our calculator to get 288463.33

After 18 your balance in your bank account will be $288463.33
4 0
3 years ago
A strategic alliance: Group of answer choices A) involves two or more companies joining forces to pursue vertical integration. B
worty [1.4K]

Answer:

B. is an agreement between two or more companies in which there is strategically relevant collaboration of some sort, joint contribution of resources, shared risk, shared control, and mutual dependence

Explanation:

A strategic alliance is an agreement between two or more companies in which there is strategically relevant collaboration of some sort, joint contribution of resources, shared risk, shared control, and mutual dependence

3 0
3 years ago
Unlike its competitors in the online air travel industry, Travelocity provides its customers with a greater variety of services
Trava [24]

Answer:

C. Diversification

Explanation:

Diversification is the process of a business enlarging or varying its range of products or field of operation.

8 0
3 years ago
Desmond's 4-unit complex brings in an average of $1,250 per unit per month. The property is valued at $625,000. What is the gros
Kazeer [188]
I don’t know sorry but I tried my best and I couldn’t understand good luck
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3 years ago
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