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il63 [147K]
3 years ago
9

An avocado orchard employs five full-time workers.​ Currently, the average product of labor is 120 pounds of avocados per day. T

he orchard hires a 6th full-time worker and his marginal product is 150 pounds of avocados. The average product of the six workers will now be _______.
Business
1 answer:
Elenna [48]3 years ago
7 0

Answer:

125 pounds

Explanation:

Firstly, we need to know the total product of labor of the five full time workers.

This is equal to 120 * 5 = 600 pounds

The last worker is 150 pounds

The total now is 600 + 150 = 750 pounds

The average product of the six workers will now be 750/6 = 125 pounds

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Answer:

a) increasing government spending or cutting taxes

Explanation:

Fiscal polices are polices enacted by the government to achieve certain macroeconomic objectives. There are two types of fiscal policies:

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Increasing government spending increases money supply which increases consumption spending.

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I hope my answer helps you

4 0
3 years ago
A store offers packing and mailing services to customers. The cost of shipping a box is a combination of a flat packing fee of $
strojnjashka [21]

Answer:

equation will be 2x+5

Explanation:

We have given the cost of shipping box = $5

Flat packing fee = $5

As given, the cost of shipping a box is based on its weight in pounds so it is variable

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4 0
3 years ago
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In the best-selling book, Good to Great, the author examined the characteristics of eleven successful companies by studying the
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The johnsons have accumulated a nest egg of $50,000 that they intend to use as a down payment toward the purchase of a new house
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6 0
4 years ago
If beginning inventory is $60,000, cost of goods purchased is $380,000, and ending inventory is $50,000, cost of goods sold is $
k0ka [10]

Answer:

390,000

Explanation:

The cost of goods sold is the expense incurred in producing goods to be sold in a period. It is abbreviated as COGS.

The cost of goods sold is calculated using the formula

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5 0
3 years ago
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