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Scrat [10]
4 years ago
9

Say we change the ceteris paribus assumption to allow each employee to be more productive. For example, we add a zero-cost manag

ement technique that allows for the division of labor based on specialization. As a result, each employee's marginal product increases by one. Should the car wash hire more employees
Business
1 answer:
Lyrx [107]4 years ago
3 0

Answer:

The car wash should hire more employees as long as the marginal cost (the extra money that goes to the paying the wage of the new employee) is lower or equal to the marginal benefit (the extra amount of income that the employee will generate for the company).

This is because as long as marginal cost is lower than marginal benefit, hiring an extra worker will produce economic benefits for the firm, and if marginal cost and marginal benefit are equal, the firm at least will break even.

On the other hand, when hiring an extra worker has a marginal cost that is higher than the marginal benefit the worker will produce, the firm will then face economic loss, and should therefore put off hiring any more employees.

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Can some one help me this its urgent
mylen [45]

Answer: Balance sheets follow ALS

Explanation: ALS stands for Assets-Liabilities-Stock (equity).

So first, find all assets. Place them under "assets" and add/subtract as needed (most likely add). In your case it should look something like this:

ASSTES:

Cash                                 $6,414

Receivables                     $2,662

Inventory                          $3,191

Prepaid Expenses           $2,557

TOTAL CURRENT ASSETS:             $14,824

LONG TERM ASSETS:

Land                                  $16,643

Buildings                           $56,163

Equipment                         $2,750

TOTAL LONG TERM ASSETS: $75,556

TOTAL ASSETS: $90,380

Where total current assets are calculated by summing up the total short term assets and long term assets is the same but with long term assets. Finally total assets is the sum of both the long and short term assets. You then do the same for the liabilities and equity.

6 0
1 year ago
A registered representative has left one firm to join another. Sometime later, the former employer discovers that some informati
postnew [5]

No stated time limit has been given if the firm had not filed an amended U-5.

<h3>What is the time limit to be followed for filing form U-5?</h3>

Form U5 must be filed within thirty days of the date of the termination event, and it requires a firm to provide accurate answers to various questions, including the reason for an associated person's termination of their registration.

Form U5 is the Uniform Termination Notice for Securities Industry Registration which includes the Broker-dealers, funding advisers, or issuers of securities who ought to use this form to terminate the registration of a person in the best jurisdictions.

Hence, no stated time limit has been given if the firm had not filed an amended U-5.

Learn more about Form U5:

brainly.com/question/20367254

#SPJ1

8 0
2 years ago
During which phase of the strategic marketing planning process are managers evaluated on their actions from a conscious marketin
kiruha [24]

The  phase of the strategic marketing planning process where managers evaluated on their actions from a conscious marketing perspective is control.

<h3>What is strategic marketing planning?</h3>

Strategic marketing planning  can be3 described as the process of writing and attaining ones  plan so as to achieve  specific marketing goal.

However, control which is a phase of the strategic marketing planning  is where the manager will be able to evaluate their action with respect to the to goals as well as plan.

It should be noted that Companies may develop strategic marketing plans  to bring about positive improvement in revenue and profits.

Find out more on the marketing at brainly.com/question/25754149

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6 0
2 years ago
Describe an activity or process or product of your company characterized by learning curves. Describe the source of the learning
professor190 [17]

Answer:

Any product that is standardized product has potential for learning curves. Scientific management talks a lot about developing efficiencies. Fredrick Taylor who was the founder of scientific management says that their is always one best way to do things. All we have to do is find that way and implement it. Furthermore the learning curves comes with continuously doing a single job over and over again. The person assigned such jobs will develop learning curves. Suppose you only teach a single topic which is opportunity cost then you will develop in depth knowledge of the topic and you can answer any question plus you are able now to deliver the concept in very less time. So repetition brings learning curves. Learning curves are more prominent if a single repetitive task is broken down into multiple small tasks and each labor is assigned one of these tasks which results in learning curve.

The best way to exploit learning curve is breaking down single repetitive task into multiple tasks and assigning them to each labour.

This is how we can create learning curves in our organization.

7 0
3 years ago
Sorting a list by region before printing might help a company save money with?
inna [77]

Answer: umm

Explanation:

4 0
3 years ago
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