Hello There!
A human resource manager is a person within a business/company or possibly an other organization and they handle and supervise personnel matters. These could include hiring, training and even firing.
Marginal productivity theory assumes that a worker’s income is a function of the contribution of that worker to the value of the output. in business, this is called the "value-added" approach.
There is a correct theory called marginal productivity theory. Wages are paid at a level equal to the marginal revenue product of labor, the MRP (value of the marginal product of labor). MRP is the increase in income caused by the increase in output produced by the last employed worker.
The marginal productivity theory of income distribution proposes that each individual should receive income based on their contribution to total output. The marginal productivity theory of income distribution has been criticized for the following reasons. Income from inheritance is inconsistent with the theory.
Learn more about Marginal revenue here: brainly.com/question/13617399
#SPJ4
Answer: There is no fiscal policy action that can keep the inflation and unemployment stable.
Explanation:
If there is a negative real shock such as an oil crisis, it will be hard fir the affected economy to adjust and be stable.
A negative real shock will lead to a reduction in growth and a rise in inflation. Even in cases whereby there is an increase in the money supply, this will lead to a rise in real growth but the result will be that there will be an higher inflation
Therefore, there is no fiscal policy action that can keep the inflation and unemployment stable.
The answer is b. false.
In the absence of a partnership agreement on fixed duration, the Partnership Act 1890 may apply.
<span>Under the Act, a partnership will be automatically dissolved if: a partner dies</span>
<span>· </span>a partner becomes bankrupt;
<span>· </span>the court orders it to be dissolved;
<span>· </span>it's illegal to carry on the business of the partnership;
<span>· </span><span>the partnership was created meet a goal and this specific objective or the project is complete; or</span>
<span>a partner gives notice to dissolve the partnership to the other partners. The </span>
Answer:
Missing word "b. What are some of the product costs versus period costs? c. What are the direct materials, direct labor, manufacturing overhead costs?"
a. The variable cost of making/production of a coffee will include direct material like coffee seeds or bean and seasoned labor wages required to farm coffee. The fixed costs will include cost like salary cost of permanent employees like supervisors. Mixed cost will include costs of operating a tractor in farm on rent, where rent would be a fixed cost and cost of running it from petrol or diesel would be a variable cost.
b. Example of period cost can be rent of equipments taken on rent or depreciation on own equipments used for coffee production purpose while product costs can be direct material and direct labor
c. Direct material cost would be coffee beans and seeds,wages of direct labor would be season labor employed and variable overhead would be transportation expenses to carry coffee
