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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.

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How is performance management measured in your organisation?<br> Your answer
Vlada [557]

Performance management is measured through the human resource management department of the organisation.

Explanation:

Human resource management department of the organisation exists in a sense to keep a check on and employ people for the company and see their effectiveness and how well they are for an asset for the company and if not why they have turned out to be a liability.

Performance management is also seen by the department as it makes sure that the employees are not overworked or the company is not overstaffed or understaffed and what share of work is being divided in the company

5 0
3 years ago
1. Keira’s Kitchen Company presented the following data: Net Income $2,500,000 Preferred Stock, 50,000 shares outstanding, $100
GarryVolchara [31]

Answer:

Earnings Per Share (EPS) = $1.18

Explanation:

We know,

Earnings Per Share (EPS) = \frac{Net Income - Preferred Dividend}{No. of shares outstanding}

Here,

Net Income = $2,500,000

Preferred Dividend = Total preferred stock in dollar x cost of preferred stock

Preferred Dividend = $5,000,000 x 8% = $400,000

No. of shares outstanding table is shown below (Weighted):

Shares outstanding + Additional shares - Treasury stock =

[750,000 x stock split] + [300,000 x (8/12) x stock split] - [150,000 x (5/12) x stock split]

= (750,000 x 2) + (200,000 x 2) - (62,500 x 2)

= 1,500,000 + 400,000 - 125,000

= 1,775,000

Now, EPS = \frac{2,500,000 - 400,000}{1,775,000}

EPS = 1.18 (rounded to 2 decimal places)

<em>Note:</em> 1. As, there is a stock split of 2-for-1, that's why we multiply the stock by 2.

2. Since additional shares are issued on 1st May, therefore, the weight from May to December is for 8 months. Repurchased or Treasury stock should be removed from number of shares.

7 0
3 years ago
Target increases the price iPads by $50. What happens to the demand<br> for iPads?
Mandarinka [93]

Answer:

The demand for iPads increased.

Explanation:

If they raise the price of the iPads, this must mean more people want to buy them, so the demand for them is high.

7 0
3 years ago
The process of influencing people to work toward a common goal is.
ra1l [238]

Answer:

Leading/Leadership

Explanation:

Leadership inspires, influences and motivates people to work towards a goal and achieve it.

8 0
1 year ago
Initially, Eleanor earns a salary of $200 per year and Darnell earns a salary of $100 per year. Eleanor lends Darnell $50 for on
likoan [24]

Answer:

Scenario 1: Suppose all prices and salaries rise by 5% (as expected) over the course of the year. In the following table, find Eleanor's and Darnell's new salaries after the 5% increase, and then calculate the $58 payment as a percentage of their new salaries.

Eleanor's new salary = $200 x 1.05 = $210

Darnell's new salary = $100 x 1.05 = $105

the $58 payment represents:

$58 / $210 = 27.62% of Eleanor's new salary

$58 / $105 = 55.24% of Darnell's new salary

Scenario 2: Consider an unanticipated increase in the rate of inflation. The rise in prices and salaries turns out to be 14% over the course of the year rather than 5%. In the following table, find Eleanor's and Darnell's new salaries after the 14% increase, and then calculate the $58 payment as a percentage of their new salaries.

Eleanor's new salary = $200 x 1.14 = $228

Darnell's new salary = $100 x 1.14 = $114

the $58 payment represents:

$58 / $228 = 25.44% of Eleanor's new salary

$58 / $114 = 50.88% of Darnell's new salary

An unanticipated increase in the rate of inflation benefits <u>Darnell</u> and harms <u>Eleanor</u>.

5 0
3 years ago
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