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Nady [450]
3 years ago
13

What concept implies that a firm's marginal revenue product curve for labor will slope downward in the short run?

Business
1 answer:
leva [86]3 years ago
4 0
<span>Law of Diminishing Marginal Returns (LDMR). As in Economic theory, there will be fixed and variable factors of production in the short run. This would imply that beyond a certain level of production, the next unit of variable factor added to the production would result in a lower output as compared to the previous unit of variable input that was added to the production. This is ultimately due to the over usage of the fixed factors of production (such as machinery and infrastructure) and resulting in a less "efficient" amount of output due to the physical operating limits of fixed factors of production. As such in the short run, MR will slope downward if the firm is producing beyond its most efficient point of production to ensure more products can be produced given a limited amount of time.</span>
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TJ Co. stock has a beta of 1.45, the current risk-free rate is 5.75, and the expected return on the market is 14 percent. What i
natta225 [31]

Answer:

17.71%

Explanation:

For this problem, we will be making use of the Capital Asset Pricing Model (CAPM) equation, as seen below:

ERi = Rf + β(ERm - Rf)

  • ERi = expected return of investment
  • Rf = risk free investment = 5.75%
  • β = beta of the investment = 1.45
  • (ERm - Rf) = market risk premium = 14% - 5.75% = 8.25%

ERi = 5.75% + (1.45 x 8.25%) = 5.75% + 11.96%  = 17.71%

7 0
4 years ago
The goal of financial management is to increase the:A. future value of the firm's total equity.B. book value of equity.C. divide
FromTheMoon [43]

Answer: Option (D)

Explanation:

Financial management tends to first procure the funds and then further utilize it. Main objective of financial management can be considered to maximize the value of the organization to the owners. Value of the state owned entity is thus evaluated and scaled using the share price of their stock. The primary goal involves to maximize the value per share of the stock.

8 0
3 years ago
A limited partnership account is being opened at your firm. The general partner has provided the partnership tax identification
Kobotan [32]

Answer: Partnership Agreement, State Certification, Business name registration, Business bank account name opening.

Explanation:

A limited partnership is a business between two partners; one being the general partner who is accountable for all activities in the business and the other being the Limited Partner who is basically there for the money he invested in the business.

In addition to the tax identification, the Partnership agreement must be drafted so as to clearly describe the structure of the business as well as the role and rights of all partners involved.

The State Certificates which contain details of the business name, and its address as well as the names and addresses of the involved partners and agents is also required. The state would charge a fee to have this certificate registered.

Business Bank Account Name would be needed and it would be recognized as the official account where monies could be paid. An Employer Identification Number is also required if there are employees to be paid.

Business Name Registration - This registration is required when a name which is not the last name of the partners is chosen for the business.

4 0
3 years ago
Which of the following fundamental archetypes of leadership is most likely to take risks and action in a crisis? a. The Visionar
tankabanditka [31]

Answer:

The warrior-knight archetype

Explanation:

The idea of an archetype occurs Throughout fields relevant to actions, historical psychology philosophy, and literature research.

The Warrior-Knight stereotype applies to a ruler, who goes against the opponent and directs change, as per the basic leader archetypes.

warriors also posses great leadership qualities with great might.

7 0
3 years ago
How does imports, exports and balance of trade relate​
skelet666 [1.2K]

Answer:

See explanation section

Explanation:

Export - When a country ships its domestic products (Goods and Services) to another country, after meeting the demand of the domestic people, for processing, using, and selling those, the term refers to export.

Import - When a country brings other countries' products in order to fulfill the demand of its population, it is coined as an import.

Balance of Trade - When there is a difference between the country's net monetary value of exports and imports, it is called the balance of trade. If export exceeds the import, there will be a trade surplus. On the other hand, when import exceeds the export, there will be a trade deficit.

6 0
3 years ago
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