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yKpoI14uk [10]
3 years ago
9

Over a​ five-year span, the Acme Company reduced the amount of labor it hired. At the same​ time, the marginal productivity of l

abor increased. Which of the following is a possible explanation for this​ observation
a. Organizational innovation
b. The law of diminishing marginal returns
c. Labor saving technical change
d. All of the above
Business
1 answer:
White raven [17]3 years ago
8 0

Answer:

D) all of the above

Explanation:

Probably the single most labor reducing factor is new technology and how it is applied within a business. Automation is probably the single most important labor reducing factor in the US over the last 30 years. This is specially for factory workers, since automation is responsible for fewer industry jobs, not China.

New technologies increase marginal returns for labor and they also have changed organizations completely.

Computers, the internet, smartphones, Amazon, etc., have changed our world. Even the military has changed, a pilot can be located inside a US base and his airplane is flying a mission in the Middle East.

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Answer:

Higher prices

Explanation:

Fixed prices are associated with higher prices for consumers

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4 years ago
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Improvements in the productivity of labor will tend to:.
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Increase output

Explanation:

Increasing productivity of labor will result to greater MPP (Marginal Physical Product) per unit of labor (or worker). That means greater output.

7 0
3 years ago
Jessica has been asking questions throughout her sales presentation and received positive signals from her prospect.
zvonat [6]

Answer: expect the final close to be a natural part of the ongoing dialogue. (B)

Explanation:

From the question, Jessica has been asking questions throughout the sales presentation she was having and receiving positive signals as well from her prospect.

Since she has been having a great presentation and the audience has been responding positively to her, when she is almost ending the presentation, she should just expect the ending to be a natural part of the conversation. She doesn't need to work harder or do anything special to pass her message.

8 0
4 years ago
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At December 31, 2021, Moonlight Bay Resorts had the following deferred income tax items: Deferred tax asset of $62 million relat
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Answer:

Moon light Bay Resorts would report in the balance sheet December 31, 2021 ; non current deferred tax asset of $102 million and non current deferred tax liability of $208 million .

Explanation:

From the above question, we are to determine if Moon Light Bay Resorts should report as assets (Current or non current) or liabilities (Current or non current) in its balance sheet as at 31st December, 2021.

The items are also classified in the balance sheet as seen below;

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(Deferred tax liabilities related to both current or non current assets)

Total deferred tax asset ($62 million + $40 million) = $102 million

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5 0
3 years ago
According to the trust-based relationship selling process framework, "discovering prospect's needs" is a part of which component
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