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3 years ago

Some economies are able to maintain high growth rates despite diminishing returns to capital by using

Business

1 answer:

Anarel [89]3 years ago

6 0

Answer:

The answer is: A) better or enhanced technology, along with accumulating capital; these economies are growing because technology, unlike capital, is subject to increasing returns.

Explanation:

Capital ,as a factor of production, is limited by the "Law of Diminishing Marginal Returns ". This concept states that at certain point, using an additional factor of production will result in a smaller increase of the total output.

For example, if you have a machine in a factory and you increase the other factors of production (labor and materials), the output will be limited by the total possible output of the machine. Once it works 24 hours a day, seven days a week, and 52 weeks per year, it will reach the maximum output.

The only way you can bypass this law is by the introduction of new and better technologies, e.g. the only way to increase output in the factory is to get a bigger or better machine.

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Perteet Corporation's relevant range of activity is 3,600 units to 8,000 units. When it produces and sells 5,800 units, its aver

creativ13 [48]

Answer:

Total MFG Overhead $ 20680

Explanation:

Perteet Corporation

Manufacturing overhead consists of Variable manufacturing overhead and Fixed manufacturing overhead.

Variable manufacturing overhead $ 1.40

Fixed manufacturing overhead $ 3.30

Manufacturing overhead per unit $ 4.7

No of units = 4,400

Total MFG Overhead = 4.7 * 4400 = $ 20,680

The manufacturing overhead costs do no not consists of Fixed selling expense, Fixed administrative expense ,Sales commissions and Variable administrative expense. Another way of finding the manufacturing overhead costs is subtracting the cost of direct materials and direct labor from the cost of goods sold.

Cost of Goods Sold $ 14.2

Direct materials $ 6.30

Direct labor $ 3.20

Variable manufacturing overhead $ 1.40

Fixed manufacturing overhead $ 3.30

Total Manufacturing Costs= $ 14.2

Less Direct Materials Cost= $ 6.3

Less Direct Labor Costs = $ 3.2

Mfg Overhead= $ 4.7

No Of Units = 4400

Total MFG Overhead = 4.7 * 4400= $ 20680

6 0

3 years ago

NEED ASAP PLEASE

nignag [31]

The answer is B. Hope this helps.

7 0

3 years ago

Read 2 more answers

When economists refer to "demand," they are speaking of:a) how much everyone wants of all products bought and sold in the nation

stellarik [79]

Answer:

d) all of the above.

Explanation:

All of the above statement correspond to different definitions of demand that economists use on a daily base.

Statement A) refers to aggregate demand, which is roughly equivalent to GDP.

Statement A.2) refers to demand schedule, which is also simply referred to as demand in the press, or in informal contexts.

Statement B) refers to an equilibrium quantity demanded, which occurs when supply and demand meet under an equilibrium price.

Statement C) refers to quantity demanded because it is not always relevant, when talking about demand, whether the good demanded is a necessity or a luxury.

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3 years ago

Points $A$, $B$, $C$, and $D$ are located on a line. $A$ is at $(-6,13)$, $D$ is at $(2, 14)$, $C$ is the midpoint of $\overline

dedylja [7]

Answer:

9.25

Explanation:

∵ The coordinates of midpoint of a line segment having end points $(x_1,y_1)$ and $(x_2,y_2)$ are,