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Firdavs [7]
3 years ago
6

A small economy increased its capital per hour worked (k/l ) from $40,000 to $50,000. As a result, real GDP per worker (Y/L) gre

w from $20,000 to $25,000. If the economy increases its capital per hour worked from $50,000 to $60,000, but there is no change in technology, by how much more and in what direction will output per worker change?A. output per worker will fall by more than $5000B. output per worker will increase by more than $5000C. output per worker will increase by exactly $5000D.output per worker will increase by less than $5000
Business
1 answer:
Goshia [24]3 years ago
3 0

Answer:

D.output per worker will increase by less than $5000

Explanation:

based on the concept of depreciation, an increase in capital per worker hour for the second time will lead to a less than proportionate increase in real GDP per worker  .Therefore, another $10,000 increase in capital per hour will lead to a less than $5000 increase in real GDP per worker.

So, correct option is (D)

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ou are trying to decide whether to accept or reject a one-year project. The project is estimated to generate $5,000 in increment
Papessa [141]

Answer:

$3,190

Explanation:

Incremental net income before tax = Incremental gross profit - Incremental SG&A expenses

= $5,000 - $400

= $4,600

Incremental net income after taxes = Incremental net income before tax * (1 - Tax rate)

Incremental net income after taxes = $4,600 * (1 - 0.35)

Incremental net income before tax = $4,600 * 0.65

Incremental net income before tax = $2990

Incremental cash flow = Incremental income after taxes + Depreciation

Incremental cash flow = $2,990 + $200

Incremental cash flow = $3,190

3 0
3 years ago
For most companies, the web ______ the threat that new competitors will enter the market by ______ traditional barriers to entry
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Answer: b. Increases, decreasing

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a. Economies of scale

b. Product differentiation

c. Capital requirements

d. Switching costs

e. Access to distribution channels

f. Cost disadvantages

g. Government policy

thus, by reducing some of these barriers to entry the Web increases the threat of new competition.

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3 years ago
What is the maximum amount that OSHA can impose as as penalty on an employer for each willful violation
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Rick is a machine operator in a plastic manufacturing company. He believes that if he performs better, he will receive more ince
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Instrumentality.

Since Rick believes that working hard will result in better incentives and his attitude towards these incentives is not known, we can say that in the context of expectancy theory of motivation, that this scenario best reflects the factor of <u>instrumentality</u>.

Vroom's expectancy theory of motivation attempts to explain that people choose to perform certain actions over other in a manner that aims to maximize pleasure and reduce pain to lowest possible extent.

There are three factors that affect motivation : expectancy, instrumentality and valence.

Expectancy : refers to the belief of working harder with the expectation of attaining the goals set within an organization.

Instrumentality : refers to the belief that one will be rewarded if certain goals are met. These rewards may take the form of increased wages, recognition, increased incentives etc.

Valence: refers to the value attached by the worker to the reward that has been attained.

4 0
3 years ago
Accrued Revenues are a/an
mamaluj [8]
Revenues - Asset
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