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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 ☺❀❤

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Mark Johnson saves a fixed percentage of his salary at the end of each year. This year he saved $2,000. For each of the next 5 y
IrinaVladis [17]

Answer:

Mark will have $19,878.70 at the end of six years

Explanation:

Use the following formula to calculate the present value of cash flows

PV =  A [\frac{1 - (\frac{1+g}{1+r})^n }{r - g} ]

Where

A = Investment = $2,000

g = growth rate = 4%

r = 15%

n = 6

Placing values in the formula

PV = 2,000 [\frac{1 - (\frac{1+0.06}{1+0.15})^6 }{0.15 - 0.06} ]

PV = $8,594.11

Now calculate the future value in order to determine the amount Mark will have at the ned of six years

Future value =  PV ( 1 + r )^n

Where

PV = $8,594.11

r = 15%

n = 6

Placing values in the formula

Future value =  8,594.11 ( 1 + 0.15 )^6

Future value =  $19,878.70

8 0
3 years ago
Consider a zero-coupon bond with a $1000 face value and 15 years left until maturity. If the bond is currently trading for $431,
Mazyrski [523]

Answer:

the yield to maturity is 5.77%

Explanation:

The computation of the yield to maturity is shown below:

Given that

FV = $1,000

PV = $431

PMT = $0

NPER = 15

The formula is shown below:

= RATE(NPER,PMT,-PV,FV,TYPE)

After applying the above formula, the rate of interest is 5.77%

Hence, the yield to maturity is 5.77%

7 0
3 years ago
A company purchased factory equipment on April 1, 2017, for $116800. It is estimated that the equipment will have a $16000 salva
Wittaler [7]

Answer:

$7,560

Explanation:

Calculation for the amount to be recorded as depreciation expense at December 31, 2017

Depreciation expense =( $116,800- $16,000 )

Depreciation expense = $100,800

Depreciation expense =$100,800 / 10 years

Depreciation expense = $10,080

Depreciation expense = 10,080 * (9/12)

Depreciation expense = $7,560

Therefore the amount to be recorded as depreciation expense at December 31, 2017 is $7,560

7 0
3 years ago
MARS Chocolate Company is making an estimate of the amount of candy it expects to sell during the Christmas season based on a sp
igomit [66]

A

Explanation:

Because the judgement of executives does not adequately factor into a mathematical equation. it's like a judgement call only whereas the others can be used in an equation manner

8 0
3 years ago
Here are the 2015 revenues for the Wendover Group Practice Association for four different budgets (in thousands of dollars):
erastova [34]

Answer: The answer is provided below

Explanation:

a). The revenue here shows that

Wendover's patients were capitated. The is because the actual revenue figures were assumed to be $180, but it

later came to $300 which means that the revenue increased.

The reason is that a capitated patient provides fixed payment a year, while a fee for service client pays per usage. With this explanation, it can be concluded that majority of Wendover's patients are fee for service because the difference between static results and the actual results is very high.

) 1. Revenue variance

= Actual Revenues - Static budget

= $ 300 - $ 425

= - $125

2. Volume variance

= Flexible Revenue - Static Budget

= $ 200 - $ 425

= - $ 225

3. Price Variance

= Actual Revenues - Flexible Revenues

=$300 - $200

= $100

4. Enrollment variance

= Flexible Revenues - Static Budget

= $ 180 - $ 425

= - $ 245

5. Utilization variance

= Flexible Revenue- Flexible Budget

= $ 200 - $ 180

= $ 20

8 0
3 years ago
Read 2 more answers
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