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Eva8 [605]
3 years ago
8

The law of diminishing returns is often used to analyze the ideal amount of which factor of production?

Business
2 answers:
WINSTONCH [101]3 years ago
5 0
The correct answer to the question is, Labor.
Hope that help. ♥♥♥
blsea [12.9K]3 years ago
4 0

Answer:

labor

Explanation:

Theoretically, the law of diminishing returns could apply to the three factors of production (labor, land and capital), but it is generally used to analyze the amount of production that will be gained by adding additional units of labor. Usually additional units of labor tend to produce diminishing levels of output, e.g. a single extra worker will be able to produce 40 units per day, while another extra worker will only produce 37 units per day.

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valentinak56 [21]

In the global economy, organizations often must localize their products to the language, customs, and culture of many different countries.

An economy is the area of ​​production, distribution, trade and consumption of goods and services. It is generally defined as a social domain emphasizing practices, discourses, and material expressions related to the production, use, and management of scarce resources.

A nation's economy is the wealth it derives from business and industry. The Japanese economy grew by more than 10% every year. 3. Uncountable nouns. Economics is about using the minimum amount of money, time, or other resources necessary to accomplish something and wasting nothing.

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2 years ago
Suppose that a monopoly firm finds that its MR is $56 for the first unit sold each day, $55 for the second unit sold each day, $
OlgaM077 [116]

Answer:

Explanation:

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6 0
3 years ago
Omestead crafts, a distributor of handmade gifts, operates out of owner emma finn's house. at the end of the current period, emm
grigory [225]

1,710 units

1,300 in inventory

+ 350 in transit

+ 80 on consignment

= 1730

- 20 damaged units

=1,710 units in period end inventory

7 0
3 years ago
PLZ HELP ASAP EXTRA POINTS!!!
kirill [66]
Either A or B I’m not sure but try A.
8 0
3 years ago
In January, Prahbu purchased a new machine for use in an existing production line of his manufacturing business for $85,000. Ass
allochka39001 [22]

Answer: $89,550

Explanation:

When capitalizing the cost of a fixed asset, all the costs that were associated with acquiring it and setting it up for use are to be capitalized. This includes the cost of purchase, transportation and installation.

Periodic costs are to be expensed.

Cost to be capitalized:

= Purchase price + Installation price + Cost of critical test (this is needed to find out if the machine is operate appropriately so should be capitalized)

= 85,000 + 2,950 + 1,600

= $89,550

6 0
3 years ago
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