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
andreev551 [17]
3 years ago
15

If each extra worker produces four additional units of​ output, how do the total product of​ labor, average product of​ labor, a

nd marginal product of labor vary with​ labor? The total product of labor is A. qequals0. B. qequals4L. C. qequals4​/L. D. qequals4. E. none of the above. The average product of labor is A. qequals0. B. ​q/Lequals4. C. qLequals4L. D. ​q/Lequals4​/L. E. none of the above. The marginal product of labor is A. ​dq/dLequals0. B. qequals4L. C. qequals4​/L. D. ​dq/dLequals4. E. none of the above.
Business
1 answer:
Ne4ueva [31]3 years ago
4 0

So the thing here is that n workers produce n units of output, and so the total product of labor equals the number of workers: q = L

MP_{L} will differ by labor because the extra workers creates one more units of output, MP_{L}= ∆q/∆L= 1

AP_{L} will differ by how much labour was put into it:divide both sides of the production function, AP_{L}= q/L= 1

---------------------

Hope this helps, now you know the answer and how to do it. HAVE A BLESSED AND WONDERFUL DAY! As well as a great rest of Black History Month! :-)  

- Cutiepatutie ☺❀❤

You might be interested in
A JIT system uses kanban cards to authorize movement of incoming parts. In one portion of the system, a work center uses an aver
ycow [4]

Answer: 4 containers

Explanation:

The formula used to get the number of containers that are needed will be:

N = DT(1+X)/C

where,

N = total containers

D = planned usage rate used by the work center = 111 parts per hour

T = average waiting time = 100 minutes = 100/60 hours = 1.67 hours

X = inefficiency factor = 0.21

C = capacity of standard container = 5 dozens = 5 × 12 = 60 parts

N = DT(1+X)/C

N = (111 × 1.67)(1 + 0.21)/60

N = (185.37 × 1.21)/60

N = 224.2977/60

N = 3.738

N = 4 approximately

4 containers will be needed

4 0
3 years ago
Lok Co. reports net sales of $5,856,480 for 2016 and $8,679,690 for 2017. End-of-year balances for total assets are 2015, $1,686
mart [117]

Answer:

2016 = $3.36

2017 = $4.59

Explanation:

The solution of total assets turnover is shown below:-

Particulars                                              2016          2017  

Total assets in the beginning     $1,686,000    $1,800,000

Total assets at the end                $1,800,000    $1,982,000

Average assets                            $1,743,000    $1,891,000

(Assets in the beginning + Assets at end) ÷ 2

Sales revenue                               $5,856,480   $8,679,690

Total assets turnover                     $3.36              $4.59

(Sales revenue ÷ Average Total assets)

4 0
3 years ago
A bond issued by the state of Alabama is priced to yield 6.40%. If you are in the 30% tax bracket, this bond would provide you w
Semmy [17]

Answer:

9.14%

Explanation:

Tax exempt yield = 6.40% = 0.064

Marginal tax rate = 30% = 0.30

Equivalent taxable yield = Tax exempt yield / (1 - marginal tax rate)  

Equivalent taxable yield = 0.064 / (1 - 0.30)

Equivalent taxable yield = 0.064 / 0.70

Equivalent taxable yield = 0.0914286

Equivalent taxable yield = 9.14%

3 0
3 years ago
You invest in a project that has a depreciable asset. The asset is depreciable under the 5year MACRS category. The depreciation
Juli2301 [7.4K]

Answer:

$28,800

Explanation:

Data provided in the question:

The asset is depreciable under the 5 year MACRS category

Depreciation percentages for all six years are:

0.20, 0.32, 0.192, 0.115, 0.115, 0.058

Worth of the asset = $150,000

Now,

Depreciation to be claimed in the year 3 will be

= Worth of the asset × Depreciation percentages for the year 3

here, from the given percentages of the depreciation

the Depreciation percentages for the year 3 is 0.192

= $150,000 × 0.192

= $28,800

7 0
3 years ago
quiclet if a country has an absolute advantage in the production of something it should specialize in the production of it as a
makkiz [27]

Even though the United States has an absolute advantage in producing both refrigerators and shoes, it makes economic sense for it to specialize in the good for which it has a comparative advantage. The United States will export refrigerators and in return import shoes.

<h3>Do all countries have an absolute advantage in production?</h3>

In the production of at least one good or service, almost every nation enjoys an absolute competitive advantage. The key to absolute advantage is low-cost production. For instance, because they can benefit from low labor costs, China and other Asian nations are known to have a distinct advantage in the manufacturing sector.

<h3>What determines a nation's choice to specialize in a particular good?</h3>

When resources are scarce, a country's decision to focus on producing a specific good is also heavily influenced by its comparative advantage. Comparative advantage is based on the idea of opportunity cost, whereas absolute advantage refers to the superior production capabilities of one nation over another.

Does Japan have an absolute advantage in the auto industry?

Japan is said to have a clear advantage in the auto industry if it can produce cars just as well as the United States, but more quickly and with higher quality. The kinds of goods a nation decides to produce are greatly influenced by its absolute advantage or disadvantage in a given industry.

Learn more about U.S. auto industry:

brainly.com/question/19166394

#SPJ4

7 0
1 year ago
Other questions:
  • In recent years, the question of the lack of appropriate ethical behavior has been brought most strongly to the American public
    15·1 answer
  • Mark recently graduated with honors from his college. He has bragged to his friends that his academic performance has prepared h
    10·1 answer
  • Carmex's first efforts in marketing research had the research objective of figuring out who it was as a company and what the Car
    12·1 answer
  • Select the correct answer.
    6·1 answer
  • In a small open economy, starting from a position of balanced trade, if the government increases domestic government purchases,
    11·1 answer
  • Answer the folowing:1. Depreciation expenses directly affect a company’s taxable income. (True / False.)2. An increase in deprec
    14·1 answer
  • Stephen Hemmerling was a driver for the Happy Cab Co. Hemmerling paid certain fixed expenses and abided by a variety of rules re
    14·1 answer
  • Benefits like improved water quality and air quality, increases in biodiversity and habitat protection, and reductions in greenh
    10·1 answer
  • 1. Suppose two types of firms wish to borrow in the bond market. Firms of type A are in good financial health and are relatively
    15·1 answer
  • If Depressants such as alcohol, ___________and sedatives affect the central nervous system by slowing down or depressing reflexe
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!