Here is the completed table:
Labor Total Product Marginal Product Average Product
0 0 N / A N / A
1 10 10 10
2 25 15 12.50
3 45 20 15
4 63 18 15.75
5 75 12 15
6 80 5 13.3
7 80 0 13.3
8 68 - 12 8.50
<h3>How to determine the total product, marginal product and average product?</h3>
The total product is determined by multiplying the average product by the number of labor. Total product of a labor can also be determined by adding the marginal product of that labor with the total product of the preceding total labor.
Blank 1 : 10 x 1 = 10
Blank 5: 25 + 20 = 45
Blank 7: 15.75 x 4 = 63
Blank 9: 63 + 12 = 75
Blank 13: 80 + 0 = 80
Blank 15: 8.50 x 8 = 68
Marginal product is the change in total product when labor is increased by 1.
Blank 2 : 10 - 0 = 10
Blank 3 : 25 - 10 = 15
Blank 8: 63 - 45 = 18
Blank 11: 80 - 75 = 5
Blank 16: 68 - 80 = - 12
Average product is the total labor divided by the total labor.
Blank 4: 25 / 2 = 12.50
Blank 6: 45 / 3 = 15
Blank 10: 75 / 5 = 12
Blank 12: 80 / 6 = 13.33
Blank 14 : 68 / 8 = 8.50
To learn more about marginal product, please check: brainly.com/question/13623353
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Answer:
The correct answer would be, Partner with an older, well connected socialite couple to endorse the brand.
Explanation:
As Rachael is the owner of the watchmaking company and has the authority to change the marketing strategies and mixes for the brand. She decides to totally change the target market for her brand. She now focuses on old wealthy, craftsman who seek quality. So now she needs to promote her new marketing mix, to target her new market. So for this, the best strategy which she can use in support of her marketing mix would be to make an older well connected socialite couple, her partner, to promote and endorse her brand. This will help her promote her new exclusive collection and can target the old wealthy quality seekers easily.
Answer:
Deferred tax asset $174000
Explanation:
The computation of the amount of deferred tax asset or liability for the year 2021 is shown below:
= Income in the year 2021 × enacted tax rate for the year 2021
= $870,000 × 20%
= $174,000
By multiplying the income for the year 2021 with the enacted tax rate for the year 2021 we can get the deferred tax asset and the same is shown above
Answer:
The first action should be to look for the annual reports of the competing companies to analyze them and see what are the competitive advantages of the company in which I am starting to work.
Once the information was found, it would make a comparative chart to contrast the results of one company with another.
Finally, I would prepare the dynamic report to the directors in the company where I work indicating the results of the analysis carried out considering that all the information has been public.