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2 years ago

The marginal product of labor is the:

Business

1 answer:

aksik [14]2 years ago

5 0

Answer:

Option (a) is correct.

Explanation:

The Marginal product of labor is defined as the extra units of output produced from hiring one more labor. The formula for marginal product of labor is as follows:

Change in output per unit change in labor:

$MP_{L}=\frac{Change\ in\ o/p}{change\ in\ Labor}$

Graphically, the marginal product of labor is the slope of the production function for a particular firm and it is calculated by differentiating production function with respect to labor.

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________ exists when a large number of firms produce goods that are similar but customers believe there is a difference.

hichkok12 [17]

Answer:

Monopolistic Competition

Explanation:

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2 years ago

Read 2 more answers

Which of the following is not true of taxable asset purchases?

shutvik [7]

Answer:

e. None of the above

Explanation:

The taxable asset purchases allows the individual to increase or step up the tax basis of acquired assets so as to reflect the price of the purchases made.

If one buy an assets, then he or she wants to allocate total purchase price in a way which gives a favorable postacquisition tax results.

In case of taxable asset purchases, the tax credits or the net operating losses cannot be transferred from the target firm to the acquiring firm.

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2 years ago

Assume Worldwide Cleaning Service had net income of $ 900 for the year. Worldwide Cleaning Service's beginning and ending total

g100num [7]

Answer:

return on assets = 20%

Explanation:

given data

net income = $900

beginning total assets = $4600

ending total assets = $4400

solution

we get here return on assets that is express as

return on assets = $\frac{net\ income}{average\ assets}$ × 100 ............1

here average assets will be

average assets = $\frac{4600+4400}{2}$

average assets = $4500

put here value we get

return on assets = $\frac{900}{4500}$ × 100

return on assets = 20%

4 0

3 years ago

Unlike advertising, public relations select one:

NARA [144]

B. is the best choice

6 0

3 years ago

Department R had 5,000 units in work in process that were 75% completed as to labor and overhead at the beginning of the period;

Maksim231197 [3]

Answer:

a. 29,450

Explanation:

Equivalent units under FIFO method are calculated using the following formula: Equivalent units for each cost component = (100% − A) × B + C + D × E . Where a = percentage of completion at the end of last period , b = units in opening work in process , c = units started and completed in current period (30,000 - 3,000 =27,000), d = percentage of completion of units in closing work in process , e = units in closing work in process

Equivalent units for each cost component

= (100% − 75%) × 5000 + 27000 + 40% × 3000

= 29,450

5 0

3 years ago