Business analyst phase of the new product development process
Answer:
The adjusted bank and book balance is shown below:-
Explanation:
The computation of the adjusted bank and book balance is given below:-
Bank statement balance Book balance
Opening balance $26,960 $26,620
Add: Transit Deposit $3,000 Earned Interest $150
Less: Outstanding check 4000 Error on check $810
($4,900 - $4,090)
Adjusted Balance $25,960 $25,960
Answer:
aggregate; marginal product; positive; diminishing.
Explanation:
Slopes are well depicted in image attachment.
Aggregate production function:
This function shows how the available inputs (production) of an economy affects the total real gross domestic product.
Note: another word for aggregate implies the whole or total production in an economy.
Marginal product function: The marginal product is the slope of the total aggregate function.
Remember, marginal product is the change in output that results from adding more unit of labor, in this case in an entire economy.