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3 years ago

Decreasing marginal returns occur in the short run as more labor is hired to work in a fixed sized plant because

Business

1 answer:

oksian1 [2.3K]3 years ago

8 0

Answer:

A) adding more workers exhausts the possible gains from specialization.

Explanation:

When a worker specializes in a certain task, they will become more productive and efficient in performing the task. Worker specialization takes a long time, so it only applies in the long run.

In the short run when a company wants to increase its output, it cannot rely on worker specialization since they don't have the time to wait, they must hire more workers.

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Nick, Chris, Stacey, and Mike are each 25% partners in Liberty Partnership, a general partnership. During the current year, the

Serga [27]

Answer:

Stacey report on her income tax return in three categories

1. Total ordinary income = $50,000

2. Interest income = $2,500

3. Charitable contributions = $4,000

Explanation:

Basically, Stacey report on her income tax return in three categories

1. Total ordinary income: It is somewhat same as net income

So, the ordinary income equal to

= (Revenues - expenses) × partnership percentage

= ($300,000 - $100,000) × 25%

= $50,000

2. Interest income: It is computed below

= Interest income × partnership percentage

= $10,000 × 25%

= $2,500

3. Charitable contribution: It is computed below

= Charitable contributions × partnership percentage

= $16,000 × 25%

= $4,000

5 0

3 years ago

A cement manufacturer has supplied the following data: Tons of cement produced and sold 225,000 Sales revenue $1,035,000 Variabl

sergij07 [2.7K]

Answer: $2.6 per unit.

Explanation:

Given that,

Tons of cement produced and sold = 225,000

Sales revenue = $1,035,000

Variable manufacturing expense = $421,000

Fixed manufacturing expense = $280,000

Variable selling and administrative expense = $29,000

Fixed selling and administrative expense = $220,000

Net operating income = $85,000

Sales price per unit:

= $\frac{Sales\ revenue}{total\ cement\ produced\ and\ sold}$

= $\frac{1,035,000}{225,000}$

= $4.6 per unit

Variable cost per unit:

= $\frac{Variable\ manufacturing\ expense\ + Variable\ selling\ and\ administrative\ expense}{total\ cement\ produced\ and\ sold}$

= $\frac{421,000 + 29,000}{225,000}$

= $2 per unit

Contribution margin = Sales price per unit - Variable cost per unit

= $4.6 - $2

= $2.6 per unit

4 0

3 years ago

One way to eliminate intermediate goods from the measure of gdp is to subtract from the measure of all output the:_______

nirvana33 [79]

When calculating GDP intermediate goods are eliminated to avoid double counting of goods, as already the input is added which includes these intermediate goods.

GDP stands for Gross Domestic Product. It is the total production of a country and is very essential in growth of a country, developing or poor countries generally have a lower GDP as compared to developed countries.

The amount of intermediate goods can be subtracted from output total to formulate the figure of GDP.

Learn more about GDP at brainly.com/question/27173101

#SPJ1

6 0

3 years ago

Why storage forms a key aspect in fruit farming ?

azamat

Answer:

The goal of storage is to keep them in a dormant state. Once harvested some fruits do not ripen, while others will continue to ripen after harvest because they naturally produce a gas called ethylene.

4 0

3 years ago

What is the difference between ancient trade and modern trade

alexira [117]

Answer:

The main difference between traditional trade and modern trade is that, distribution in modern trade is more organized. Retailers often deal directly with manufacturers. Many large retail chains have integrated their services to offer their own brands in groceries and other goods.

Explanation:

6 0

3 years ago