1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lera25 [3.4K]
3 years ago
14

The idea of diminishing returns to an input in production suggests that if a local college adds more and more custodians, the ma

rginal product of labor for the custodial staff will ________ over time
a. increase at an increasing rate
b. increase at a decreasing rate
c. decrease
d. not change
e. increase at a constant rate.
Business
1 answer:
SpyIntel [72]3 years ago
7 0

Answer:

c. decrease

Explanation:

The law of diminishing marginal return confers that adding more of a unit of production while holding the other inputs constant will lead to a decline in productivity. Employing more units of a particular input will increase productivity until the optimal level is achieved. Beyond the optimal level, the benefits from an extra input will increase at a decreasing rate and eventually losses.

Adding more custodians will be beneficial up to the level only. Any extra custodians past the optimal level will cause a reduction in labor productivity.

You might be interested in
We have an intuitive appreciation for those who are able to earn a profit. We can see that resources flow to those who successfu
mr_godi [17]
Let's start it this way. Since a market system is a system of profit and loss, naturally, both profit or loss will play a vital role in the equation or system. Capitalist economies depend on markets when it comes to their economic activities. The market's role is to serve as a basis for them in determining what profitable activities and enterprises should the people invest on.Without the presence of loss in the equation of a market system, these people will not be able to determine where they should invest and/or withdraw from. Therefore, people base their decision of using their resources through knowing first the profit and loss. The loss will help them go away from companies or activities which will bring the losses.The downside for using the government in shielding companies from having losses is that the government will be abused by these companies. Since all companies will naturally want to not experience having losses. 
8 0
3 years ago
In the case of job _____, the bosses in many companies tend to groom workers who have winning characteristics similar to their o
a_sh-v [17]
<span>In the case of job growth and security, the bosses in many companies tend to grrom workers who have winning characteristics similar to their own. This is a prime example where attitude reflection can lead to success in the workplace.</span>
8 0
3 years ago
Read 2 more answers
Which of the following is not an example of media?
Mashutka [201]

Answer:

B. Telephone conversations

Explanation:

Media refers to every broadcasting and narrowcasting medium.  A telephone conversation is not a broadcasting/narrocasting medium, given that it cannot transmit information effectively.

8 0
4 years ago
Read 2 more answers
express warranties arise when a seller or lessor indicates any of the following:1. that the goods conform to any AFFIRMATION (de
Anastaziya [24]

Answer:

The answer is: 1. that the goods conform to any AFFIRMATION (declaration that something is true) OF FACT or PROMISE that the seller or lessor makes to the buyer or lessee about the goods. such affirmations or promises are usually made during the bargaining process (ex these will easily penetrate stainless steel, and w/o dulling)

Explanation:

Express warranties are warranties that are clearly stated by the seller either verbally or in writing during the bargaining process.

Express warranties are created by a seller's affirmation of any promise which relates to the product sold during the bargaining process. If the seller provides any description of the product during the bargaining process, this description becomes an express warranty. Any sample that is shown by the seller during the bargaining process becomes part of the express warranty (the product should be the same as the one shown).

8 0
4 years ago
65% of 70 what is the answer to this equation?
iren2701 [21]

Answer:

65% of 70 is 45.5

4 0
4 years ago
Read 2 more answers
Other questions:
  • The stock of Nogro Corporation is currently selling for $10 per share. Earnings per share in the coming year are expected to be
    8·1 answer
  • Geraldine inherited a piece of land when her father Albert died on July 26, 2015 The FMV of the land at the date of death was $4
    8·1 answer
  • Yen grants his cousin, art, a franchise in yen's sandwich shop. yen writes the agreement so that he controls every detail of art
    5·1 answer
  • The need for safety stock can be reduced by an operating strategy which: question 4 options: decreases ordering costs increases
    12·1 answer
  • Fabtabtix, a designer clothing brand, has been selling clothes in the country of Grolania for over 30 years. With more number of
    5·1 answer
  • George Kildearn is forty years old. He was born in Dublin, Ireland, but has lived in California the past fifteen years, ever sin
    7·2 answers
  • A market is in long-run equilibrium and firms in this market have identical cost structures. Suppose demand in this market decre
    7·1 answer
  • Tab exchanges real estate used in his business along with stock for real estate to be held for investment. The stock transferred
    10·1 answer
  • What caused china's phenomenal economic growth rate over the last 30 years, and why is it likely unsustainable in the long run?
    9·1 answer
  • On the far right side of the AS curve, the economy is producing ________ potential, and on the far left of the curve, it is prod
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!