Answer:
Following are the solution to the given question:
Explanation:
The decrease of a marginal input return implies that its input is increasing by one unit, thereby decreasing its marginal input product.
Function of production

Its capital products subject (MPK) is derived by differentiating the factor of production from K.

Note: When a value is changed from numerator to denominator, then the power symbol shifts between positive to negative.
Since k is in the denominator, K decreases
, and therefore MPK is reduced.
There's hence a decreased effective return on capital again for production function.
Its marginal labor product (MPL) is determined by distinguishing the manufacturing function from L.

The denominator of L reduces L
and therefore reduces MPL.
So there is a decreasing marginal return to labor in the production function.
Answer:
16.64 days
Explanation:
Given the above information, we will calculate the average days to sell inventories with the formula below;
Average days to sell inventories = [Ending inventory / Cost of goods sold] × 100
Ending inventory = $72,000
Cost of goods sold = $432,800
Then, Average days to sell inventories
= [$72,000 / $432,800] × 100
= 16.64 days
Therefore, the average days to sell inventory for Fry are 16.64 days
That both are like staying on task and staying good.
Answer:
A. 0.61%
Explanation:
Calculation for what your 1-year holding-period return
Based on the information given the $1,000 par value bond will be the price for the year and we should also take note that YTM also equals the coupon rate.
We are going to use calculator to find what the following year's price will be
N = 7
I/Y = 7
PMT = 60 (60%×$1,000)
FV = 1,000
CPT PV -946.11
Now let calculate how much we would have at the end of 1 year
$946.11 + $60
= $1,006.11
Last step is to calculate for what your 1-year holding-period return
Holding-period return = $1,006.11/$1,000 - 1
Holding-period return= 0.61%
Therefore your 1-year holding-period return was 0.61%