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3 years ago

State and explain the law of diminishing marginal return

1 answer:

3 0

In economics, diminishing returns is the decrease in the marginal output of a production process as the amount of a single factor of production is incrementally increased, while the amounts of all other factors of production stay constant.

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When considering the education and training a career requires you must be aware of _____.

Mariulka [41]

Answer:

The answer is simply D because all of these options happen during this period.

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2 years ago

Which group of a corporation is responsible for running the day to day matters of the corporation?

adelina 88 [10]

Officers are all those individual people or staff who manage the corporation's day-to-day operations.

<h3>What are the responsibilities of corporate officers?</h3>

Officers of a corporate entity are important management executives who oversee the day-to-day operations of the company. They are appointed by and report to the board of directors, and they oversee specific industry functions based on their background and expertise.

<h3>Is indeed an officer the same as a director?</h3>

Everything You Have to Know About Officers vs. Directors When comparing an officer and a director, a director is a person who manages important business affairs, whereas officers oversee daily operations. Officers are also directly involved in the day-to-day management of the business.

To know more about responsibilities of corporate officers visit:

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2 years ago

Which of the following would be out of place in a career portfolio?

Mademuasel [1]

B because it doesn’t matter how many projects you do . If it doesn’t benefit your career then it is bad

6 0

3 years ago

Read 2 more answers

Despite differences arising from environmental variation, all foraging economies have shared one essential feature:

Vilka [71]

Answer:

Letter E is correct. <u>Their reliance on available natural resources for their subsistence, rather than controlling the reproduction of plants and animals.</u>

Explanation:

The use of natural resources is common and essential to all foraging economies, whose fundamental principle is to produce for their own consumption. These are economies that depend on hunting, gathering or fishing to survive.

However, there is no systematization of economic processes nor the use of socio-structural variables and policies that help these subsistence economies to gain a new perspective on the control and functioning of the economy, which can help in the processes and optimization of the utilization of natural resources.

8 0

3 years ago

Poehling Medical Center has a single operating room that is used by local physicians to perform surgical procedures. The cost of

Ratling [72]

Answer:

Results are below.

Explanation:

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Total number of surgical room hours= (8*7)*52= 2,912 hours

Predetermined manufacturing overhead rate= 756,000 / 2,912

Predetermined manufacturing overhead rate= $259.61 per surgical room hour

<u>Now, we can allocate costs using the following formula:</u>

<u></u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 259.61*5

Allocated MOH= $1,298.05

<u>Finally, the under/over allocation for January:</u>

Under/over applied overhead= real overhead - allocated overhead

Allocated overhead= 259.61*240= $62,306.4

Under/over applied overhead= 67,250 - 62,306.4

Underapplied overhead= $4,943.6

7 0

2 years ago