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3 years ago

State law of diminishing returns

Business

1 answer:

DedPeter [7]3 years ago

6 0

Answer:

see below

Explanation:

The law of diminishing marginal returns indicates that in every production process, adding one more input while holding the others constant will result in the overall decrease in output.

According to this law, adding one more production unit diminishes the marginal returns, and the average production cost increases. Marginal returns refer to the benefits associated with the production of an extra unit.

The gain derived from the use of more input while keeping all other factor constant decreases as production increases. For example, employing more workers while all other variables remain constant will result in reduced labor productivity.

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How much would you need to deposit in an account now in order to have $6000 in the account in 15 years

vlada-n [284]

Answer:

$400

Explanation:

So we know that is 15 years you will have $6000

so $6000 divided by 15 years.This will bring you how much money you have to deposit each year..

6000/15

400

so..

you will have to deposit $400 every year in 15 years.

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2 years ago

At the end of Year 2, retained earnings for the Baker Company was $3,500. Revenue earned by the company in Year 2 was $1,500, ex

Vitek1552 [10]

Answer:

D. $3.300

Explanation:

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3 years ago

Which of the following companies would be best served by a plantwide overhead rate? Multiple Choice A company that manufactures

Anna [14]

Answer:

A company whose products differ in batch size and complexity and consume different amounts of overhead resources

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3 years ago

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4 years ago

CM Company manufactures a component used in the production of one of its main products. The following cost information is availa

denpristay [2]

Answer:

NPV = 661468 – 728000 = -66532

Explanation:

Direct Material 410

Direct Labour 100

Variable manufacturing O/H 90

Variable cost to manufacture 1 unit 600

Loss on purchase component from outside supplier

(630 – 600) * 3000 units 90000

(-) Contribution from released facility 10000

Operating Income would Decrease by 80000

Present Value of Future cash flow from Proposal X :-

PVAF for 5 years at 10% = 3.791

PVIF for 5th year at 10% = 0.621

PV of annual cash inflow (164000 * 3.791) 621724

PV of Residual value (64000 * 0.621) 39744

Present Value of Future cash flow 661468

NPV = 661468 – 728000 = -66532

8 0

4 years ago

State law of diminishing returns​

State law of diminishing returns