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valkas [14]
4 years ago
6

decrease in demand for a product, holding other things constant, will decrease the marginal revenue product of labor. O have an

undetermined effect upon the marginal revenue product of labor. increase the marginal revenue product of labor. o not change the marginal revenue product of labor.
Business
1 answer:
kirill [66]4 years ago
3 0

Answer:

Decrease in demand for a product, holding other things constant, "will decrease the marginal revenue product of labor".

Explanation:

The extra revenue that a firm earns as a result of a newly hired worker is known as the marginal revenue product of labor.

A new worker is hired to increase the quantity of goods produced and consequently, increase the firm's revenue through sales of the goods.

If however, more goods are produced but the demand for the product decreases, then this will cause a decrease in the marginal revenue product of labor.

In other words, the firm won't earn extra revenue if the products are not being bought.

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3 years ago
The manufacturing costs of Calico Industries for three months of the year are provided below. ​
kirill [66]

Answer:

b) $0.40 per unit and $8,000.

Explanation:

The computation of the high-low method, the variable cost per unit and the total fixed costs is given below:-

                          Total Cost            Production Units

April                  $120,000                    280,000

May                   $74,000                      165,000

June                  $90,900                      230,000

Using High Low method  

Variable Cost per unit = (High Cost - low Cost) ÷ (High Cost Units - low Cost Units)

= ($120,000 - $74,000) ÷ (280,000  - 165,000 )

= $46,000 ÷ 115,000

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8 0
4 years ago
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3 years ago
Vogel Corp.'s denominator for calculating diluted EPS is 57,300 weighted-average shares. Included in the denominator were 5,000
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Answer:

57300

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