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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.

You might be interested in
Second-Stage Allocation [LO7-4]
Lemur [1.5K]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Activity cost pools:

Direct labor $ 10 per direct labor-hour

Machine processing $ 3 per machine-hour

Machine setups $ 45 per setup

Production orders $ 150 per order

Shipments $ 115 per shipment

Product sustaining $ 750 per product Activity

Total Expected Activity K425:

Number of units produced per year 200

Direct labor-hours 1,075

Machine-hours 2,400

Machine setups 13

Production orders 13

Shipments 26

Product sustaining 1

Total Expected Activity M67:

Number of units produced per year 2,000

Direct labor-hours 50

Machine-hours 40

Machine setups  1

Production orders 1

Shipments 1

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH K425= 1,075*10 + 3*2,400 + 45*13 + 150*13 + 115*26 + 750= $24,225

Allocate MOH M67= 10*50 + 3*40 + 45*1 + 150*1 + 115*1= $930

7 0
3 years ago
At the beginning of 2023, the Mackinac Company purchased a machine for $510,000 (salvage value of $60,000) that had a useful lif
Ratling [72]

Answer:

$10,000 credited

Explanation:

DATA

Machine cost = 510,000

Salvage value = $60,000

Useful life = 6 years

Depreciation = $60,000/6years

Depreciation = $10,000

It means that we have overstated depreciation expense for the year with the amount of $10,000.

Retained earnings will be credited by $10,000 As the depreciation expense was overstated mistakenly by $10,000

4 0
3 years ago
Renata's US-based lifestyle company decides to invest in a company based in France that specializes in health and wellness. This
Svetlanka [38]

People often make investments the health and wellness sector. This would be an example of foreign direct investment.

<h3>What is a foreign direct investment (FDI)?</h3>

This is known as a purchase of an interest that a firm is involved in. Here, the company by a company or an investor are found outside its borders.

The 3 types of FDI are;

  1. Horizontal FDI
  2. Vertical FDI
  3. Conglomerate FDI

It is simply a business decision to get or buy a good amount of stake in a foreign business as in the case with Reneta.

Learn more about foreign direct investment from

brainly.com/question/1125884

7 0
2 years ago
If you want to become a firefighter what are some steps you need to take to get there?
bearhunter [10]

Answer:

<h2>All the best :)</h2>

Explanation:

1: Make Sure You're Fit to be a Firefighter.

2: Meet the Requirements & Take the Tests.

3: Prepare for a Firefighting Career: Education Options.

4: Become Trained as an EMT.

5: Receive Firefighter Training at a Fire Academy.

6: Apply to Your Firefighting Dream Jobs.

3 0
3 years ago
You are an insurance salesman. If you make 12% on all insurance sales and sold an average $35,000 / month, how much money did yo
Zigmanuir [339]

Answer:

$50,400

Explanation:

To do this first start by multiplying .12 x 35,000. The answer should be $4,200. After this multiply 4,200 by 12 in order to get the amount of money earned over a 12 month period. This will give you $50,400.

5 0
3 years ago
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