Answer:
law of diminishing returns.
Explanation:
The law of diminishing returns refers to decrease or fall in the marginal productivity i.e. if one input of the production rises, while all other inputs would remain fixed
Since in the question it is mentioned that when at the time resources are added an extra output that produced would be decreased so this is we called as law of diminishing returns and hence the same is to be considered
Answer: Assets increase $4,500 and liabilities increase $4,500.
Explanation:
Based on the information given in the question, since the company buys an equipment which is an asset to the company, then there will be an increase in the assets by $4500.
Also, in thus case, the equipment was gotten on credit which is a liability. Therefore, the liabilities will increase by $4500 as well.
Answer:
175.36
Explanation:
Given:
Forecast factor ∝ = 0.8
To find forecast off August , we have to find forecast of July.
July month forecast = (Actual Demand of last month x factor)[(1-factor) x Expected forecast]
=(165 x 0.8) + [ (1-0.8) x 164]
= 132 + 32.8
= 164.8
August forecast =
(Actual Demand of last month x factor)[(1-factor) x Expected forecast]
= (178 x 0.8) + [(1-0.8) x 164.8]
= 142.4 + 32.96
August forecast = 175.36
Answer: A firm will shut down in the short run if the total revenue that it would get from producing and selling its output is less than its C. variable costs.
Explanation: A variable cost is a cost that will vary depending on the level of output that is needed. If more units of an item are needed, the variable costs will likely rise whereas if the product numbers go down, they will too. A variable cost changes and a fixed cost stays the same regardless of the production amount.
Spending less food
Rationing items
Hiring workers to make guns and other supplies <span />