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denis23 [38]
2 years ago
5

When firms add workers and find that the additional workers add less output than their predecessors did, they are experiencing A

. The division of labor B. The law of large numbers C. Diminishing returns D. Diseconomies of scale
Business
1 answer:
blondinia [14]2 years ago
4 0

Answer:

The correct answer is letter "C": Diminishing returns.

Explanation:

The Law of Diminishing Marginal Returns states that as the number of new workers increases, an additional employee's marginal product at some stage would be less than the previous employee's marginal product. This is because at a certain point adding more employees implies not having enough space for the new hires to work which diminishes the marginal return of every new individual hired by the firm.

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2 years ago
Q 2.3: mason corporation purchased a piece of land 5 years ago when the price of land was low. it plans to develop the land into
TiliK225 [7]

On their classified balance sheet, Mason Corporation would classify this land as  <u>"a long term investment".</u>


A long-term investment refers to an account on the asset side of an organization's monetary record that speaks to the organization's speculations, including stocks, bonds, land and money, that it expects to hold for over a year. The long-term investment account varies to a great extent from the short-term investment in that the transient speculations will no doubt be sold, while the long haul speculations may never be sold.

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3 years ago
The goal of investing $50 per month for the next 12 years for your nephew's college fund is a(n):______goal.
AlladinOne [14]

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7 0
2 years ago
Explain the reasons why more efficient keyboards were not able to replace the QWERTY keyboard and what principle this illustrate
ELEN [110]

Answer:

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Explanation:

3 0
3 years ago
According to this case study, what is an upcoming key technology that will be used in retail stores to improve customer service?
zloy xaker [14]

Answer:

 

1. According to the case study (copy attached) "the upcoming technology that will be used in retail stores to improve customer service is the Scan As You Go Mobile Devices".

2. It is currently being used by sales officers in some shopping malls to scan items on the spot and let customers pay without going through the cash registers.

It is also being used to help customers take advantage of discounts and coupons on items being purchased. The effect is that customers spend 10% when they shop using this technology.

3. In the future, the customers will be able to check out using their smartphones.

4. According to the case study, the technology referred to in 3 above is already pioneered by Apple Stores.

Cheers!

Download txt
5 0
3 years ago
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