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3 years ago

If the demand for insulin is inelastic, an increase in insulin prices leads to

Business

1 answer:

exis [7]3 years ago

6 0

Extent to which the demand<span> for a good changes when income changes.</span>

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Which of the following is an example of the law of diminishing marginal returns? A. Holding capital constant, when the amount

Irina-Kira [14]

Answer:

The correct answer is option A.

Explanation:

The law of diminishing returns states that as we go on employing more and more unit of input while keeping other inputs constant, the return from each additional unit of input will go on declining.

This means that the output produced from each additional unit of input will go on declining.

Here, as capital is kept constant and labor is increased by a unit, the output at first increases by 5 units from 20 to 25. But later when input is again increased by a unit, the output increase by only 3 units from 25 to 28.

This shows the law of diminishing marginal returns where the marginal returns from a unit of labor is declining.

3 0

3 years ago

Recher Corporation uses part Q89 in one of its products. The company's Accounting Department reports the following costs of prod

luda_lava [24]

Yes, basically I have no Idea what you talking about. I heard that if you answer questions you can ask more. thanks.

6 0

3 years ago

BRAINLIEST!!!!

77julia77 [94]

Answer: It can be deduced that it's unethical for your employees to use their work computers for personal activities?

Explanation:

What is ethics?

It should be noted that ethics simply means the principle of knowing what is right from what is wrong.

In this case, it's unethical for your employees to use their work computers for personal activities. This isn't appropriate.

Furthermore, it's ethical for you to monitor computer usage. This is necessary to checkmate the activities of the employees.

8 0

2 years ago

Question 26 The Paper Mill is operating at full capacity. Assets, costs, and current liabilities vary directly with sales. The d

Lesechka [4]

Answer:

$2,260

Explanation:

The computation is shown below:

Present sales revenue $42,700

Expected sales revenue ($42,700 × 114 ÷ 100) $48,678

Current profit margin ($5,500 ÷ $42,700 × 100) 12.88%

Payout Ratio:

Dividends (a) $1,925

Net Income (b) $5,500

Payout Ratio (a ÷ b × 100) 35%

Retention Ratio (100% - 35%) 65%

due to 14% rise in sales Increase in retained earnings ($48,678 × 12.88 ÷ 100 × 65 ÷ 100) $4,075.32

due to 14% rise in sales, Increase in assets ([$48,678 - $42,700] × $48,900 ÷ $42,700) $6,846

due to 14% rise in sales, Increase in liabilities ([$48,678 - $42,700] × $3,650 ÷ $42,700) $511

when sales rise by 14% External Financing Needed ($6,846 - $4,075.32 - $511) $2,260

7 0

3 years ago

What is the role of the entrepreneur in the modern economy?

DIA [1.3K]

Answer:

Entrepreneurs occupy a central position in a market economy. For it's the entrepreneurs who serve as the spark plug in the economy's engine, activating and stimulating all economic activity. The economic success of nations worldwide is the result of encouraging and rewarding the entrepreneurial instinct.

Explanation:

7 0

3 years ago