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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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Jerome, Sheila, Gary, and Ella agreed to purchase a tract of land and make it available for use as a free playground for neighbo
lesya [120]

Answer:

Yes

Explanation:

The damages can be recovered as Jerome and Gary hung the playground swing improperly. A child was injured due to their negligent actions. The case will be on Meadowbrook Playground and not on the individual person who has committed the mistake. According to law, the damages can be recovered as the enterprise owned the whole property, and due to their carelessness in the installation of swing, the accident took place. The child's parent has every right to recover damages from the playground owner.

7 0
3 years ago
Sparkling Water, Inc., expects to sell 3.7 million bottles of drinking water each year in perpetuity. This year each bottle will
MrRa [10]

Answer:

$39,345,664.93

Explanation:

The computation of the company worth today is as follows:

Present value of revenues after tax is

= $3,700,000 × 1.46 × (1 - 0.25) ÷ (0.07 - 0.018)

= $77,913,461.54

And, Present value of costs after tax is

= $3,700,000 × 0.82 × (1 -0.25) ÷ (0.07-0.011)

= $38,567,796.61

So, the company worth today is

=  $77,913,461.54 - $38,567,796.61

= $39,345,664.93

3 0
3 years ago
A decrease in net taxes (select one):
icang [17]

Answer:

C, Raises aggregate expenditure by raising liable income, thereby increasing consumption.

Explanation:

Tax is a very important financial tool of any governmet to ensure its smooth running.

Tax can either be increased or decreased and each of these acts have their effects on the the counrty and on its people. For the purpose of this question, i will be sticking to tax decrease.

Tax decrease as the name implies is the reduction of taxes paid by individuals to the government from their taxable incomes.

When tax is reduced, there is a little more money for the people to spend and as such this affects the demand, consumption (of goods) as well as the gross domestic profit; GDP, of the country.

When the people have more money to spend, there is an increase in things they buy, wear, do, etc and so production in that country becomes high.

Tax decrease is most effective in a situations where there is high level of unemployment and slow paced economies.

cheers.

5 0
3 years ago
The fisher effect predicts that an increase in expected inflation will lower the interest rate on bonds. true false
mario62 [17]
False. Interest rates rise as the expected inflation also increases. 
8 0
3 years ago
Give me 3 facts about traditional economies​
Gala2k [10]

Answer:

customs, history, and time-honored beliefs

Explanation:

A traditional economy is a system that relies on customs, history, and time-honored beliefs. Tradition guides economic decisions such as production and distribution. Societies with traditional economies depend on agriculture, fishing, hunting, gathering, or some combination of them. They use barter instead of money.

8 0
2 years ago
Read 2 more answers
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