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Natalija [7]
3 years ago
13

Scenario 13-20 suppose that a given firm experiences decreasing marginal product of labor with the addition of each worker regar

dless of the current output level. refer to scenario 13-20. average total cost will be

Business
1 answer:
Viktor [21]3 years ago
7 0

Answer:

U-shaped

Explanation:

Since the marginal product of labor is decreasing, the average variable costs and marginal costs will be increasing at all points, but the average fixed costs will be decreasing. That is why the average total costs (which includes both variable and fixed costs per unit) will be U-shaped since they will fall at the beginning when the decrease in marginal product of labor is small, bu then will increase as the marginal product of labor falls even more.

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Matthew bakes apple pies that he sells at the local farmer’s market. If the price of apples increases, the a. supply curve for M
Luda [366]

Answer:

The answer is: B) demand curve for Matthew’s pies will decrease.

Explanation:

When the cost of a production input increases, the supplier faces higher production costs. Apples are a key input used to produce apple pies, and an increase in the price of apples will increase Matthew's production costs.

If the production costs increase, producing the good or service becomes less profitable, reducing the supply of that good or service. Since Matthew will earn less money from baking apple pies, he is likely to decrease the quantity of apple pies he bakes.

A decrease in the supply will shift the supply curve to the left.

6 0
3 years ago
Janice and Shane are both senior software analysts. They have worked together on projects for six years and get along very well.
dybincka [34]

Answer:option D

Explanation: job sharing

3 0
3 years ago
True/False/Explain – If all production processes were subject to constant returns to scales for all output levels, monopolistic
Elena L [17]
The answer is true okay!
4 0
3 years ago
The milestone schedule in the project charter: ​ a. is a high-level plan that indicates a few significant accomplishments antici
Nimfa-mama [501]

Answer:

The correct answer is letter "A": is a high-level plan that indicates a few significant accomplishments anticipated over the life of the project.

Explanation:

In project management, a milestone schedule lists different activities necessary to accomplish certain goals. This tool is useful for managers to measure the progress of a project and determine if there are delays. In the schedule milestone, executives mark the completion of certain activities resulting from the operations of the business establishing a formal ending.

Usually, <em>this schedule is helpful to validate the performance of work with shorter deadlines that do not represent major accomplishments for the project.</em>

3 0
3 years ago
A sudden stop will be easier to navigate if the country borrows internationally in foreign currencies and lend locally in its do
natulia [17]

Answer: False

Explanation:

A sudden stop refers to the sudden decline in net capital inflows in the economy from outside. This is a significant method by which the economy can have access to foreign exchange.

If the country therefore borrows internationally in foreign currencies whilst lending in domestic currency, the sudden stop will be difficult to navigate because it will impair the country's ability to pay off the international creditors it has because it will not have enough of the required foreign currency to pay them.

8 0
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