Answer:The formula for calculating marginal product of labour is output/no of workers
Explanation:For each day ,you will divide the output by the number of workers to get the MPL
Day 1 = _ because no production took place
Day 2 = 60/1=60
Day 3 = 100/2 =50
Day 4 = 130/3 = 43.3
Day 5 = 150/4 =37.5
Day 6 =160/5 =32
This in in line with the law of diminishing marginal product of labour .
Answer:
MERCOSUR may have made trade more difficult.
Explanation:
It is a trade divergence due to numerous reasons. It influences nations outside the association since they can't offer to those nations as effectively. The idea was to make a worker's union that would enable every nation to get off their feet and strengthen one another. Yet, it winded up harming one another and different nations for the reasons that it made the trade even more difficult than it was before. So, the impacts of MERCOSUR on firms operation are negative; it made trade more difficult, especially with other countries.
Answer: Trade secret
Explanation: Trade secret is an intellectual property through which a business gains economic and competitive advantage in the market over other participants. It can be in the form of practice, process or design etc.
In the given case, the manufacturer has a secret formula for its recipe which will benefit him in the market as only he knows it, therefore, we can conclude that he has a trade secret.
Every cooperation is usually guided by a set of individual the board of directors is the group of people elected to oversee the firm’s activities and ensure that management acts in the shareholders’ best interests.
<h3>Who are board of directors?</h3>
They are individuals that are elected by the shareholders of a company usually to govern and oversee the affairs of the cooperation.
They make decisions on behalf of the stakeholders.
Therefore, board of directors is the group of people elected to oversee the firm’s activities and ensure that management acts in the shareholders.
Learn more about board of directors here
brainly.com/question/15690599
Answer: The loss that will be reported in the income statement for the sale of the machine is $2,000.
Explanation: The cost of the machine is $12,000 while the accumulated depreciation is $9,000. This means the net book value (NBV) of the machine is $3,000 ($12,000 - $9,000). To calculate the gain or loss on the sale of the machine, we have to compare the sales proceed to the NBV. If the sales proceed is greater than the NBV, we have a gain. Otherwise, we have a loss by the difference. <u>In this instance, there is a loss on the sale transaction of $2,000 ($1,000 - $$3,000).</u>