If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that marginal physical product is negative.
What is the change in total output that results from hiring one additional worker?
The difference in production brought on by using an additional unit of labor is known as the marginal product of labor.
Does hiring additional workers increase the total revenue at a decreasing rate?
Total output increases with additional employees, although at a slower rate. a stage of production where an increase in the labor force leads to a decline in labor's marginal product. With each new unit of labor added to the mix, a company with this will produce progressively less production.
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Answer: your answer is SBA.
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Answer:
The appropriated answer will be "$1,700,000".
Explanation:
Revenue understood by completion percentage = Design balance throughout progress = $200,000
The percentage completion throughout the whole year will be:
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⇒ 
The cost incurred throughout the whole year will be:
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⇒ 
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($)
Now,
The total estimated cost of the project at the end the year 2021 will be:
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($)
------------------elasticity of demand<span> measures the sensitivity of the quantity demanded to changes in the price</span>
Answer:
Luney Corporation is authorized to sell 100000 shares
luney has issued = 70000 shares
luney has shares outstanding 63000
Explanation:
given data
maximum shares of common stock = 100,000
sold shares = 70,000
reacquired = 7,000
solution
we know here 100000 shares are mention in charter of the company
so Luney Corporation is authorized to sell 100000 shares
and luney has issued = 70000 shares
so here
we know that
luney has shares outstanding = 70000 - 7000
luney has shares outstanding 63000