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Hunter-Best [27]
3 years ago
5

A lawn service company has the following production possibilities. With​ one, two,​ three, and four​ workers, the company can mo

w​ 4, 9,​ 12, and 14 lawns per​ day, respectively. Diminishing returns to labor set in with the​ _____ worker.
Business
1 answer:
Marianna [84]3 years ago
7 0

Answer: Third

Explanation:

Diminishing returns to labor refers to the phenomenon where every additional worker leads to an increase in production at a decreasing rate.

Using the scenario described, when there was only one employee the company could mow 4 lawns a day. They added a 2nd worker and that figure went to 9 lawns a day which is an increase of FIVE.

When they added a 3rd worker, the figure again went up but only to 12 which is an increase of THREE only as opposed to the last increase of FIVE.

After the third worker therefore, there was an increase but at a smaller rate.

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Francisca and Garden Estate, Inc., enter into a contract for the use of a Victorian mansion and its grounds for a wedding and re
labwork [276]

Answer:

The answer is letter A.

Explanation:

They will be construed agains the party who drafted the contract.  However, this rule only applies where one contracting party is in a superior  bargaining position, usually either as a result of greater experience or the assistance of counsel.

3 0
3 years ago
A stock has an expected return of 13. 24 percent, the risk-free rate is 4. 4 percent, and the market risk premium is 8. 98 perce
ipn [44]

A stock has an expected return of 13. 24 percent, the risk-free rate is 4. 4 percent, and the market risk premium is 8. 98 percent. 0.75 is the stock's beta.

Calculate the beta for stock using the CAPM approach as follows:

Cost of common stock = Risk-free rate + Beta × Market risk premium

13% 7% + Beta x8%

13% 7% Beta × 8%

6% = Beta x8%

6% 8% Beta = =

=0.75

Therefore, the beta for stock using the CAPM approach is 0.75.

Market risk is the potential for loss to individuals or other companies as a result of factors that affect the overall performance of an investment in financial markets.

Learn more about market risk at

brainly.com/question/25821437

#SPJ4

3 0
2 years ago
White Inc. reports a taxable and financial loss of $750,000 for 2017. Its pretax financial income for the last two years was as
OleMash [197]

Answer: $525,000 loss

Explanation:

2017 taxable and financial loss = $750,000

Pretax financial income :

2015 - $300,000

2016 - $400,000

Assuming white Inc uses the carry back provision;

With tax rate for all affected period being 30%

$750,000 - (30% of $750,000)

$750,000 - (0.3 × $750,000)

$750,000 - $225,000

= $525,000 loss

3 0
3 years ago
John Harper has borrowed $17,400 to pay for his new truck. The annual interest rate on the loan is 9.4 percent, and the loan nee
Vikentia [17]

Answer:

$4,953

Explanation:

Given by the question, we have:

+) Present value of annuity  = $17,400

+) Return on the investment = annual interest rate on the loan = 9.4%

The type of this annuity is annuity due.

We have the equation to calculate the present value of annuity due as following:

PV Annuity Due = P × [1 - (1 + r)^(-N)]/r × (1+r)

=> P = PV Annuity Due ÷ {[1 - (1 + r)^(-N)]/r × (1+r)}

In which:

+) P: Annual payment

+) r: annual interest rate = 9.4% = 0.094

+) N: Number of payments = 4 (As the loan is repaid in 4 payments)

+) PV Annuity Due = 17,400

=> P = 17,400 ÷ {[1 - (1 + 0.094)^(-4)]/0.094 × (1+0.094)} ≈ $4,953

5 0
3 years ago
Select the correct answer.
Dahasolnce [82]
I would go with answer “c”
5 0
3 years ago
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