Answer:
Diminishing marginal product
Explanation:
The concept of Diminishing marginal product states that there is a point at which more variable input results in initial faster rate of output growth. However later the rate of growth will start declining as more variable input is added.
In the scenario given above only one Baker can produce 15 cakes, that is 15 cakes per Baker.
As variable input increases (one more Baker is added) overall output per Baker decreases.
The additional Baker can produce 9 cakes while the old Baker can produce 15 cakes. That is a total of 24 cakes.
The average number of cakes produced per Baker is now
24 ÷ 2 = 12 cakes per Baker.
This indicates a reduction in output per baker, and exemplifies Diminishing marginal product
The fundamental analysis will most likely requires the analyst to extrapolate historical data to estimate future values and make investment decisions in the semi-strong-form of market efficiency.
<h3>What is the market efficiency?</h3>
This refers to how the current prices reflect the present, available, relevant information about the actual value of the underlying assets.
Hence, in the semi-strong-form of market efficiency the fundamental analysis will most likely requires the analyst to extrapolate historical data to estimate future values and make investment decisions.
Read more about market efficiency
<em>brainly.com/question/24296837</em>
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Answer:
Contribute to individual 401(k) = $61,000
Explanation:
Given:
Revenue = $538,000
Expenses = $107,600
Find:
Contribute to individual 401(k)
Computation:
Contribute to individual 401(k) = $55,000
Kathy is younger then 50 years so, She have t pay $6,000 more:
So,
Contribute to individual 401(k) = $55,000 + $6,000
Contribute to individual 401(k) = $61,000
Answer:
Units sold equaled 39,000 and units produced equaled 42,000.
Explanation:
The reason is that operating income will be lower under variable costing than absorption costing when there is a rise in the the unit level of inventory during an accounting period.
From the question, the 42,000 units of production is 3,000 units greater than the 39,000 units sold. This implies that there is an increase in the unit of inventory level. This usually cause the variable-costing income to be lower than absorption-costing income.
