All categories

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.

You might be interested in

Sarah offers to pay allison $150 if allison will paint her apartment while she is out of town on vacation for two weeks. allison

serg [7]

The best answer for the question of which is best described above is letter a. unilateral contract. It is because it is a legal promise between the parties which is Allison and Sarah. The unilateral contract has the ability to pay one party if the other party is able to do his or her task or perform a certain duty that the other party ask or told.

5 0

3 years ago

Initial margin requirements are determined by:________

Goryan [66]

Answer:

b. the Federal Reserve System.

Explanation:

Initial margin refers to the deposit made by an investor with a broker, in order to open a margin account. The purpose of initial margin is security and collateral to ensure enough availability of cash in the trading account of the investor.

For instance an investor wants to purchase 4000 shares priced at 15$. In this case, he is supposed to deposit 50% of $60,000 i.e $30,000. The remaining $30,000 is contributed by the brokerage firm, regarded as borrowings on which the investor pays interest.

The initial margin limit is fixed by the Federal Reserve System.

3 0

4 years ago

. If Samsung is using experiments as a research method to understand what kinds of mobile phones are more functional as opposed

Ksenya-84 [330]

The correct answer to the question above is:

D. Quantitative

<span>Quantitative research approach is used in this scenario because the participants are asked to choose among the most functional mobile phone and compare them with other options. The data gathered from participants are then analyzed to make a substantial result. </span>

6 0

3 years ago

Monetary policy can be a useful tool for macroeconomic management. Using relevant diagram(s), show and discuss the possible impa

Andrej [43]

Answer:

.h go hufu3irhuehdbrjdudbrjdhdjbrhficbrjhdbdhjdhbd

6 0

3 years ago

The Atlantic Company sells a product with a break-even point of 6,220 sales units. The variable cost is $83 per unit, and fixed

Varvara68 [4.7K]

Answer:

a. Sales price per unit = $118

b. Break-even point in sales units = 8,139

Explanation:

a. Determine the unit sales price. Round answer to nearest whole number. $fill in the blank 1

Break-even point in sales units = Fixed costs / (Sales price per unit - Variable cost per unit) …………….. (1)

Substituting the relevant values from the question into equation (1) and solve for Sales price per unit, we have:

6,220 = $217,700 / (Seles price per unit - $83)

6,220 (Seles price per unit - $83) = $217,700

(6,220 * Sales price per unit) - (6,220 * $83) = $217,700

(6,220 * Sales price per unit) - $516,260 = $217,700

(6,220 * Sales price per unit) = $217,700 + $516,260

(6,220 * Sales price per unit) = 733,960

Sales price per unit = 733,960 / 6,220

Sales price per unit = $118

b. Determine the break-even point in sales units if the company desires a target profit of $67,165. Round answer to the nearest whole number. fill in the blank 2 units

Break-even point in sales units = (Fixed cost + Targeted profit) / Seles price per unit - Variable cost per unit) …………….. (2)

Substituting the relevant values into equation (2), we have:

Break-even point in sales units = ($217,700 + $67,165) / ($118 - $83) = $284,865 / $35 = 8,139

3 0

2 years ago