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cupoosta [38]
3 years ago
7

Which of the following is true of marginal product? Select one:

Business
1 answer:
Ann [662]3 years ago
6 0

Answer: When marginal product is increasing, total product is increasing by increasing amounts.

Explanation:

The marginal product is simply referred to as the additional output that is created due to the fact that an additional input has been placed into that particular organization or company.

The option thst is true of marginal product is option E "When marginal product is increasing, total product is increasing by increasing amounts".

We should also note that when the marginal product is reducing, but is still positive, then the total product will be increasing even though it'll now be at a decreasing rate.

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If you wish to have $60,000 in 8 years, how much do you need to deposit in the bank today if the account pays an interest rate o
liberstina [14]

Answer:

PV= $30,111.98

Explanation:

Giving the following information:

Future value= $60,000

Number of periods= 8

Interest rate= 9%

<u>To calculate the initial investment, we need to use the following formula:</u>

FV= PV*(1+i)^n

<u>Isolating PV:</u>

PV= FV/(1+i)^n

PV= 60,000 / 1.09^8

PV= 30,111.98

5 0
4 years ago
Calculate the growth rate of the company's EBIT from 2005 to 2006:2005:Sales:15,000,000COGS:12,000,000SG&amp;A:500,000Interest E
Y_Kistochka [10]

Answer:

B) 20.0%

Explanation:

2005:

Sales:                    15,000,000

COGS:                  (12,000,000)

SG&A:                   <u>(500,000)</u>

EBIT                      2,500,000

2006:

Sales:                    20,000,000

COGS:                  (16,000,000)

SG&A:                  <u>(1,000,0000) </u>

EBIT                      3,000,000

Growth rate = ((3,000,000 - 2,500,000) / 2,500,000 ) x 100 = (500,000 / 2,500,000 ) x 100 = 20%

3 0
3 years ago
Calgary Lumber Company incurs a cost of $315 per hundred board feet (hbf) in processing certain "rough-cut" lumber, which it sel
I am Lyosha [343]

Answer:

Calgary Lumber Company

Differential Analysis dated March 15:

                                     Alternative 1                   Alternative 2

                                Sell rough-cut Lumber     Process to finished-cut

Sales                             $440                                  $600

Cost of processing         315                                     465

Profit                             $125                                    $135

Choose Alternative 2.

Explanation:

Calgary Lumber Company's differential analysis is a tool that its management can use to decide the alternative to pursue by examining the differences in the outcomes of two or more alternative actions.  From the analysis done between the two alternatives open to Calgary, it appears that the second alternative will yield a higher profit of $135 instead of alternative 1's profit of $125.  There is a differential profit of $10 per hundred board feet to be made if Calgary Lumber Company pursues alternative 2 instead of alternative 1.

5 0
3 years ago
The city of waterville applied for a grant from the state government to build a pedestrian bridge over the river inside the city
PIT_PIT [208]

Answer and Explanation:

The journal entries are shown below:

For May 1

No Entry Required as eligibility should be completed before recognition.  

For May 5

Cash $200,000

      To Inter fund Loans Payable-Current $200,000

(Being cash is recorded)

During the year

Expenditure $165,000  

       To Voucher Payable $165,000

(being expenditure is recorded)

Due from State Government $165,000  

        To Revenues  $165,000

(Being revenue is recorded)

On Dec 13

Cash $165,000  

  To Due from State Government $165,000

(being cash is recorded)

On Dec 31

Revenues $1165,000  

    To Expenditure $165,000

(being closing entry is recorded)

And other entries are not added as the balance of $35,000 is not fulfilled the eligibility

4 0
3 years ago
Livi owns and operates Livi's Love From Scratch cupcake bakery. Livi has 10 locations throughout her state. When Livi is produci
hoa [83]

Answer:

Diseconomies of Scale

Explanation:

On the contrary to economies of scale which save costs when production levels go up, diseconomies of scale make costs go higher when their is an increase in the size of the organization.

Livi's Love From Scratch cupcake bakery has increased in size to reach 10 locations and this has caused crowed areas and delays.

4 0
3 years ago
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