Answer: 3 units of labor
Explanation:
Diminishing Marginal Returns refers to a scenario where less marginal output is recorded as more inputs are invested.
From the exhibit, that point would be at 3 units of labor.
At 0 units of labor, 0 units of output was recorded.
At 1 unit of labor, 50 units of output was produced. This means 50 more units were produced.
At 2 units of labor, 110 units of output were produced. This means 60 more units were produced.
At 3 units of labor, 155 units of output were produced meaning that only 45 more units were produced as a result of the extra unit of labor.
This 45 units is less than the 60 units that adding the second unit of labor added to production meaning less marginal output was recorded as more inputs were invested starting here.
Answer:
B. Product development
Explanation:
A product development strategy is used when an existing company, with an existing customer base, tries to grow by introducing new products and/or services that target its customer base. This strategy entails more risk than market penetration but similar risks that market development.
The company can extend its product range by:
Research and Development investment, commonly used by tech companies like Apple who extend their product range constantly.
Buying the rights to produce products and services originally developed by other companies.
-Investing in the R&D of additional products, like when Microsoft developed Xbox One X.
-Getting the rights to produce someone else's product, like when Dinsey bought Marvell CU.
-Acquiring a popular product and rebranding it as its own product, like when google bought Picassa and launched Google Photos.
-Cooperating with other companies to develop products and services (shared ownership), which is very common in tech industries.
Answer:
$7.32K or $ 7,320 and $5.7098K or $5,709.8
Explanation:
Colby total sales : 14K
Week I: $35 K
week 2: $14 K
week 3: $24 K
week 4: $39 K
Total sales were $122 K($ 35+14+24+39)
Straight commissions total are 6% of all sales
=6/100 x $122
= $7.32K or $ 7,320
the total after taxes
The tax rate is 22%
Actual tax = 22/100 x $7.32
=0.22 x $7.32
=$1.6106
After tax = 7.32- 1.6102
=$5.7098K or $5,709.8
Answer:
The correct answer is letter "B": oversee the affairs of the organization.
Explanation:
The Board of Directors is a group appointed or elected to represent shareholders at major companies. Every public company must have a Board of Directors. This Board establishes administrative policies including hiring and firing of executives, distribution of dividends, and executive compensation. A Board of directors has usually the ultimate say in the company's major decisions and must take responsibility for those decisions if they do not go as planned.
Answer:
(A) 2330
Explanation:
The present value of John's annuity = $2,500 x 7.24689 (PVIFAnnuity due, 8%, 10 periods) = $18,117.23
Jeff deposited $18,117.23 x 1.09 = $19,747.78
The annual dsitribution = $19,747.78 / 8.55948 (PVIFA, 8%, 15 periods) = $2,307.12
Since I used annuity factors, the answer is only an approximation. The closest option is (A)