1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
denis23 [38]
3 years ago
15

The law of diminishing returns indicates that:a. because of economies and diseconomies of scale a competitive firm's long-run av

erage total cost curve will be U-shaped.b. the demand for goods produced by purely competitive industries is downsloping.c. as extra units of a variable resource are added to a fixed resource, marginal product will decline beyond some point.d. beyond some point the extra utility derived from additional units of a product will yield the consumer smaller and smaller extra amounts of satisfaction.
Business
1 answer:
Olegator [25]3 years ago
7 0

Answer:

The correct answer is option c.

Explanation:

The law of diminishing returns states that as we go on employing additional inputs the return or payoff from each unit of input will become smaller or go on declining. This means that after a certain point the total output will start increasing on a decreasing rate as we go on hiring more inputs.

In other words, the marginal product of inputs will go on declining with each additional unit of input employed. As a result after reaching a certain point, the marginal product starts to decline.

You might be interested in
An applicant should always print their résumé on paper that is _____.
vaieri [72.5K]
The answer is b) white or light colored
8 0
2 years ago
Read 2 more answers
obinson Company had a net deferred tax liability of $34,000 at the beginning of the year, representing a net taxable temporary d
ZanzabumX [31]

Answer:

Robinson's deferred income tax expense or benefit for the current year would be $6,700

Explanation:

The computation of the deferred income tax expense or benefit for the current year is shown below:

= Deferred tax expense - adjustment of tax based on the tax rate

where,

Deferred tax expense = (Favorable temporary differences - unfavorable temporary differences) × corporate tax rate

= ($50,000 - $20,000) × 21%

= $6,300

And, the adjustment of tax equals to

= Net taxable temporary difference × (Tax rate - corporate tax rate)

= $100,000 × (34% - 21%)

= $13,000

Now put these values to the above formula  

So, the value would equal to

= $6,300 - $13,000

= $6,700

6 0
2 years ago
Ivory will be giving a presentation for her company to a group of potential clients visiting from Germany, and she is deciding w
VladimirAG [237]

Answer:

A speaker's personal appearance should be consistent with the occasion of the speech.

Explanation:

First impressions and the appearance of a speaker are  important because generally an audience forms an impression of a speaker  before any words are said.

4 0
2 years ago
How old is Michael the fox
lyudmila [28]
59 years old
Hope I got it right for you good luck
6 0
3 years ago
Read 2 more answers
The annual depreciation taken on a vehicle totals $4,700. The vehicle has been in service for two full years and the adjusting e
maria [59]

Answer:

Depreciation Expense account is $4,700

Balance in the Accumulated Depreciation account is $9,400

Explanation:

Depreciation is used to determine how a value of a fixed asset decreases with time due to usage. Examples of assets that can be depreciated include equipment, buildings, vehicles and machinery. If the annual depreciation in this case is $4,700, at the end of the second year, depreciation expense would be $4,700. however, accumulated depreciation would be (4700 +4700) totaling to $9,400

4 0
3 years ago
Other questions:
  • Matt Shaw buys 100 shares of common stock for $8,000 in January. The value of the stock fluctuates in a narrow range (averaging
    12·1 answer
  • Kayla can cook dinner in 30 minutes and wash the laundry in 20 minutes. her roommate takes half as long to do each task. how sho
    12·1 answer
  • aylor & Edwards Inc. manufactures television sets. Last month, direct materials (electronic components, etc.) costing $550,0
    8·1 answer
  • Which response might be an answer to a fundamental question of economics of how much should be produced ?
    11·1 answer
  • Student loans, car loans, and housing loans are good examples of
    6·1 answer
  • Growing chocolate is important to West African economies but they do not make as much money as the multinational companies that
    7·1 answer
  • Seasons Construction is constructing an office building under contract for Cannon Company and uses the percentage-of-completion
    5·1 answer
  • Quentin operates an ice cream franchise which has shops throughout the United States. CoolCream Co., the franchisor, supplies th
    15·1 answer
  • Anne LLC purchased computer equipment (five-year property) on August 29 for $30,000 and used the half-year convention to depreci
    14·1 answer
  • Quincy lives on pretzels and seafood salads. The price of pretzels is 1 dollar per bag and the price of seafood salads is 2 doll
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!