The property of marginal cost increasing as the quantity of output increases is known as diminishing marginal product.
<h3>What is
diminishing marginal product?</h3>
Diminishing marginal product states that says as more units of a variable input of production is added to a fixed factor of production, output might increase initially but after a point total output would increase at a decreasing rate and marginal product would begin to decrease.
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Answer: -13.35%
Explanation:
Based on the information given in the question, the annual rate of return on this painting will be calculated thus:
Sales price of painting = $1,080,000
Cost price of painting = $1,660,000
The sales Price formula is given as
= Cost price × (1 +r)³
1080000 = 1660000 × (1+r)³
1,080,000/1,660,000 = (1+r)³
0.65 = (1 + r)³
Annual rate of return r will now be:
= 0.6506^⅓ - 1
= -13.35%
The primary goal of the financial manager of a profit-seeking organization is to make profits. This will keep the company in a great market position.
Answer:
1. Global depository receipts
2. External commercial borrowing
3. American depository receipts
4. Foreign currency convertible bonds
Explanation:
1. Global depository receipts. When a company buys shares of a foreign company, a certificate will be issued by the local depository bank, which allows for security supported by the shares purchased.
Here, Gracious ltd could raise funds by buying of shares in a company in India hence gives the company an avenue to hold shares in foreign country.
2. External commercial borrowing. These are loans granted to viable companies outside of India who are venturing into commercial businesses. Before theses loans are given, there is what is called eligibility status; which must be reviewed and thus confirm with the reserved bank of India before such loans are given.
3. American depository receipts. These are negotiable capital market instruments, issued by a bank in the United States, which shows the number of shares held by a foreign company, trading in the US capital market. A company could use this as a way of raising funds in the India capital market because it is well backed by the bank in the country where the company is.
4. Foreign currency convertible bonds. Here, a bond is issued in a different currency distinct from the issuer's local currency. What this means is that the money being sought for by the issuing company comes in a foreign currency denomination.
Answer:
The correct answer is Worker productivity
Explanation:
The productivity of work is the efficiency of the productive activity of men expressed by the correlation between labor expenditure (at the level of society, of a branch, of a company or of a single worker) and the amount of material goods produced (established in money or in kind) in a unit of time. It is determined by the amount of time invested in developing the production unit or by the amount of production manufactured in the time unit. The level of labor productivity is a very important index of the progressive nature of a mode of production of a given social regime. Every new social regime, Lenin said, beats the one that precedes it by achieving greater labor productivity. Raising labor productivity means saving live work and social work, that is, reducing the socially necessary time to produce the unit of merchandise, reducing its value. The proportion of living labor decreases while the proportion of past (materialized) labor increases relatively and in such a way that the overall sum of work locked up in merchandise is reduced. This law manifests the decisive meaning of the progress of the technique for the growth of labor productivity.
