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
gavmur [86]
3 years ago
15

Mark produced 9 cans of sauce with 3 pounds of tomatoes. When he increased to 5 pounds, he produced 13 cans. What is the margina

l product?
Business
1 answer:
MakcuM [25]3 years ago
8 0

Answer:

Marginal Product is 2

Explanation:

Marginal Product (MP)  is defined as the ration of change in quantity of output produced to the change in quantity of input raw material

Change in quantity of input raw material = 5 -3 = 2

Change in quantity of output of products = 13 - 9 = 4

Marginal Product (MP) = \frac{4}{2} = 2

Marginal Product is 2

You might be interested in
It is likely that you won’t like the prospect of paying more money each month, but if you do take out a 15-year mortgage, you wi
faust18 [17]

Based on the amount borrowed and the term of the loan, the amount more that you will pay in total interest over the life of the loan with the 30-year mortgage is $1,079,892.

<h3>How much more interest is paid?</h3>

The total payment to be made on the 30-year mortgage is:

= 7,200.29 x 30 years x 12 months per year

= $2,592,000

Total interest paid in 30-year mortgage:

= 2,592,000 - 700,000 amount borrowed

= $1,892,000

The total payment to be made on the 15-year mortgage is:

= 8,401.18 x 15 x 12

= $1,512,212.40

Total interest paid in 15-year mortgage:

= 1,512,212.40 - 700,000

= $812,212.40

The total interest that was paid more with the 30 year mortgage than the 15 year mortgage is:

= 1,892,000 - 812,212.40

= $1,079,892

Rest of the question is:

Your friends suggest that you take a 15-year mortgage, because a 30-year mortgage is too long and you will pay a lot of money on interest. If your bank approves a 15-year, $700,000 loan at a fixed nominal interest rate of 12% (APR).

Find out more on interest payments at brainly.com/question/28224394

#SPJ1

8 0
1 year ago
Which of the following groups declares the start and end of recessions in the U.S.? rev: 05_30_2018 Multiple Choice The Business
antiseptic1488 [7]

Answer: The Business Cycle Dating Committee of the National Bureau of Economic Research.

Explanation:

The Business Cycle Dating Committee under the National Bureau of Economic Research are tasked with declaring the beginnings and the endings of the Business cycle. They do this by reviewing Economic wide measures especially GDP to see if prevailing conditions are still ongoing.

To declare a Recession, the Economy would have to be experiencing a significant downward trend in widespread economic activity reduction over more than a couple of months but for a Recession to be declared as over and back to a Peak, it might take longer than that.

4 0
3 years ago
The financial crisis of 2008 demonstrated the flaw in a bottom-up detailed approach to calculating risk. There are
Troyanec [42]

Answer:

B

Explanation:

8 0
3 years ago
True or false: Sometimes if a buyer does not want to develop its own supplier certification program, it will accept standard ind
shepuryov [24]

Answer:

True

Explanation:

The ISO 9000 management systems helps organize to meet buyers needs within regulation and requirements related to a service. A industry certifications can be used to hire and train workers.

5 0
2 years ago
All of the accounts of the Grass is Greener Company have been adjusted as of December 31, 2016, with the exception of income tax
yulyashka [42]

Answer:

The income before tax is $370450, the income tax is $111135 and the net income is $259315.

Explanation:

As the data table is not visible,online a similar question is found for which the data is attached here with.

From the given data

Service Revenue=$943,000

Interest Revenue=$127,1000

Total Revenue=Service Revenue+Interest Revenue=$1070100

Now The expenses are given as

Supplies Expense=$349,200

Repairs and Maintenance Expense =$258,300

Depreciation Expense=$60,350

Rent Expense=$ 31,800

Total Expense=Supplies Expense+Repairs and Maintenance Expense+Depreciation Expense+Rent Expense=$699650

So the income before tax is given as

Income=Total Revenue-Total Expense

Income=$1070100-$699650

Income=$370450

So the income before tax is $370450.

Now the tax is estimated at 30% as given tax rate as

Tax=Rate*Income

Tax=30%*$370450

Tax=$111135

So the income tax is $111135.

Now the Net income is given as

Net Income=Income-Tax

Net Income=$370450-$111135

Net Income=$259315

So the Net Income is $259315.

8 0
3 years ago
Other questions:
  • Which of the following are signs of a person being in credit distress?
    11·1 answer
  • If you do not complete high school, you are typically paid more than those who pursue post-secondary education Please select the
    8·2 answers
  • The problem with average-cost pricing regulation is that once it is in place, there is a tendency for the:________
    8·1 answer
  • Companies racing against rivals for global market leadership need strategic alliances and collaborative partnerships with compan
    13·1 answer
  • 1. Cash balance per bank, July 31, $7,428.
    14·1 answer
  • Maria usually sleeps until 8 am, but tomorrow she needs to be at work at 6 am. She should probably _____.
    13·2 answers
  • What's the benefits of any Financial investments company ?
    6·1 answer
  • If you show defensiveness, people are more likely to _____. a. confront you about your problems b. critique your performance c.
    6·1 answer
  • I need help!!!! Someone please lemme know what I need to do!!!!
    14·1 answer
  • DYI Construction Co. is considering a new inventory system that will cost $750,000. The system is expected to generate positive
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!