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mihalych1998 [28]
3 years ago
6

A resource's ________ is the additional output that can be produced by adding one more unit of a specific input, ceteris paribus

, while _______ is the average amount produced by each unit of a variable factor of production.
Business
1 answer:
ZanzabumX [31]3 years ago
4 0

Answer:

The correct answer is: marginal product; average product of labor

Explanation:

Marginal product of a resource or input can be defined as the increase in output because of employing an additional unit of that resource or input.

It can be calculated by the ratio of change in output to change in input.

The variable factor in the short run is labor. Average unit produced by each labor unit is termed as the average product of labor.

It is calculated by the ratio of total output to quantity of labor employed.

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In january 2010 a gallup poll asked a random sample of adults, "in general, are you satisfied or dissatisfied with the way thing
daser333 [38]
<span>This poll talks about the economic progress of the United States where during those times in year 2010 Barack Obama is the president of the country. The poll have given a big difference towards the evaluation on how the economy have a lot of negative effects to citizen of the country that it was before. First is the issue about unemployment many Americans have no jobs, remember that this issue really gives a fall towards economic progress development for it can help generate more potential opportunities specially when it comes to factors that are all in the benefit of people getting employed where the business can gain more with the workforce, second is the health care issues are also one of the factors considered why they are unsatisfied with the economy, the platform and campaigns relating to health issues were not that fully effective, lastly the federal budget deficit in which really imparts a major negative effect on the economy for this is used for many developmental projects for the government's economic stability.</span>
4 0
3 years ago
Brandon has presented the possible requirements for the next sprint. The development team has asked questions and has clarificat
Nezavi [6.7K]

Based on the information given the formal event in which this is dome is :Product backlog refinement.

<h3>What is product backlog refinement?</h3>

Product backlog refinement can be defined as the process in which the development team tend to understand a product as well as how the product should be prioritize.

Product backlog refinement is important as it help to increase efficiency when planning for the next sprint and it as well help the development team to have full understanding of what the outcome of the product will be.

Inconclusion  the formal event in which this is dome is :Product backlog refinement.

Learn more about Product backlog refinement here:brainly.com/question/4841869

3 0
2 years ago
Acquisition Cost of Long-Lived Asset The following data relate to a firm’s purchase of a machine used in the manufacture of its
klemol [59]

Answer:

The acquisition cost is $38140

Explanation:

acquisiton cost = invoice price + applicable sales tax - cash discount + freight paid + cost of insurance + installation cost +testing and adjusting costt                

= $34000 + $2000 - $400 + $260 + $125 + $2000 + $425

= $38410

Therefore, The acquisition cost is $38140.

6 0
3 years ago
A market situation where a small number of sellers compose the entire industry is called
Nadusha1986 [10]

Answer:

The correct answer is: oligopoly.

Explanation:

A market structure where there are only a few firms is called an oligopoly market. These firms can be producing either identical products or differentiated products.  

Because of few firms, there is a high degree of competition in the market. The firms are price makers and face a downward sloping curve.  

There is interdependence in the market such that the economic decisions of a firm affects the price, profits and output level of its rivals. So the firms have to consider the reaction of its rivals before making an economic decision.

4 0
3 years ago
AnaCarolina and Jaco, executive managers at Duke Manufacturing, are tasked with determining appropriate performance metrics for
Finger [1]

Answer:

a. number of returns due to incorrect products shipped in response to orders.

Explanation:

AnaCarolina and Jaco, executive managers at Duke Manufacturing can use the number of returns due to incorrect products shipped in response to orders to determine appropriate performance metrics for the customer perspective of Duke's balanced scorecard.

The defective units in the production line will give a performance metrics with respect to customer's order.

7 0
3 years ago
Read 2 more answers
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