1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sophie [7]
3 years ago
8

A manager recently instituted a required retraining program to attempt to increase output by employees with out any additional i

ncrease in capital. Any increase in output would be associated with which of the following economic terms?
Business
1 answer:
Vadim26 [7]3 years ago
7 0

Answer:

Nominal labor productivity

Explanation:

Nominal labour productivity because output per worker rises due to increase in human capital. It is also defined as the value of all goods and services produced less the value of any goods or services used in their creation.

You might be interested in
Engineers for The All-Terrain Bike Company have determined that a 15% increase in all inputs will cause a 15% increase in output
Trava [24]

Answer:

the average cost to reduce

Explanation:

In this situation, when The All-terrain Bike Company increases input (capital and labor) and this causes a proportional increase in output, this scenario The All-terrain Bike Company experiences is called a constant returns to scale which gives rise to decreased average costs.

This happens because buying larger quantity of inputs gives rise to a reduced cost of purchase because these things are being bought in bulk.

7 0
3 years ago
Read 2 more answers
Giorgio Italian Market bought $11,000 worth of merchandise from Food Suppliers and signed a 45-day, 8% promissory note for the $
Masja [62]

Answer:

                                                Dr.          Cr.

Purchases / Inventory         $11,000

Promissory Note Payable                  $11,000

Explanation:

Promissory note is a signed document which contains a written promise for payment of stated amount to specific person or bond holder on demand or specified date.

In this case the purchases are made and a promissory note of $11,000 is signed for 45 days at 8% annual rate.

This entry will be recorded as the purchases or Inventory are debited and as promissory note is a short term liability so, promissory note payable is credited resulting increase in inventory as well increase in current liability.

5 0
3 years ago
What economic activities are not included in GDP?
laiz [17]
 
1. Illegal and unreported economic activity:  While goods such as illegal drugs, gambling, and prostitution are sold in markets, the transactions are hidden for obvious reasons.
 
2. Home production and bartered goods/services:  If cash doesn't change hands, the transaction will not be included in GDP.  One of the somewhat misleading aspects of GDP is that whether certain things are included depends not on the nature of the good or service, but whether it was (openly) exchanged for cash.  
5 0
4 years ago
When putting away pallets of freight into multiple depth drive-in bays, what level of racking should be stocked first, second, a
Solnce55 [7]
The level of racking that should be stocked first would be the top bay, followed by the middle bay, and the last level to be stocked would be the bottom bay. It's simpler to remember, "top, middle, then bottom" when putting away pallets of freight into multiple depth drive-in bays. I hope this helps!
7 0
3 years ago
Identify and discuss the barriers of E-commerce
Zigmanuir [339]

Answer:

Proximity, convenience, and the lack of alternatives are all factors that can cause unhappy customers to return (and perhaps improve their opinion). However, competition is much fiercer when it comes to e-commerce

4 0
3 years ago
Other questions:
  • During the month of March, Karen Company's employees earned wages of $68,000. Withholdings related to these wages were $5,202 fo
    9·1 answer
  • ________ includes general management, finance, accounting, legal, and government affairs.
    5·1 answer
  • What is an Exclusive Contract with a Real Estate Agent?
    10·1 answer
  • (a) suppose that a homeowner converts part of an existing family room in her house into a new bathroom. what is the expected inc
    6·1 answer
  • which of the following is a benefit of a college education? A. You collect social security benefits at an earlier age than a hig
    14·1 answer
  • Jill lives in a large metropolitan area. She is thinking about starting a senior citizen van service, where she will pick up sen
    9·1 answer
  • If the market demand for the product increases, in the short run a purely competitive firm:
    15·1 answer
  • The Highfield Company is going through a five-year of fast growth at 20% initially, and then it will grow at a perpetual rate of
    13·1 answer
  • Administrative:
    13·1 answer
  • What conclusions concerning the relative liquidity of these companies can be drawn from these data?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!