Answer:
The correct answer is letter "D": product of an extra worker is less than the previous worker's marginal product.
Explanation:
The Law of Diminishing Marginal Productivity indicates that increasing one variable while holding others the same can initially increase output but eventually adding more of that variable results in lower return rates. This law helps explain that it is not always the best way to increase income by increasing production.
<em>Initially, companies recruiting additional workers would boost production until too few machines or not enough space is sufficient to accommodate everyone. Then, the production rate will decrease.</em>
Answer:
bureaucratic control
Explanation:
Bureaucratic control is a management style that tries to control the behavior and performance of the employees through reward or price mechanisms.
In order to achieve its purpose, bureaucratic style managers use a system of standardized rules, processes and verification procedures.
Answer:
The following are 3 against reasons for the reconstruction of Greensburg as the "green city":
Explanation:
Following are the reasons and the counter reasons:
Reasons:
- Its tornado was something which will never be large as ever before, in which the city has been harmed and 95% of his residences have been destroyed. It also offers you to recreate the green city.
- The creation of a green city would also enable many cities to the devastated area to integrate with green technology.
- The Greenburg would become an icon with style as well as a prototype for the building of a clean energy city.
Counter Reason:
- The green tech isn't cheap and it would put pressure on the public resources.
- When a tornado of the same size hit Greenburg, then nobody would cause a serious source of financial and private assets.
- The city should give priority to tornado refugee camps that are capable of protecting public goods instead of building a green culture.
Answer:
6.14%
Explanation:
The offered investment has a nominal rate (N) of 6% compounded quarterly (n=4 times a year). The effective rate of return (R) is obtained by:
The effective rate of return that you will earn from this investment is 6.14%.
*Note that the amount invested is not relevant when determining the effective rate of return, which means that the rate would be the same for any amount.
