Answer:
E. Whenever the marginal product of labor is greater than the average product of labor, the average product of labor must be increasing.
Explanation:
Average product of labor (APL), which is also called The Average product (AP), is the overall product divided by the overall number of labor. It is the average quantity of output that each worker can produce. The average product curve and marginal product (MP) curve intersect at the maximum average product, while the marginal product of labor is the adjustment in output which is as a result of employing an additional unit of labor.
Going to the question we can conclude that Whenever the marginal product of labor is greater than the average product of labor, average product of labor must be increasing , that is it pulls the average product of labor up.
And anytime the marginal product of labour is smaller than the average product of labour must be decreasing.
Answer:
a. $15,000
Explanation:
common stock:
12/31 = $8,500 1/1 = $5,500
12/31 = $15,000
retained earnings:
6/30 = $3,500 12/31 = $15,000
11/30 = $5,000
Income Summary
12/31 = $18,500 12/31 = $33,500
12/31 = $15,000
income summary closing accounts:
Dr Revenue 33,500
Cr Income summary 33,500
Dr Income summary 18,500
Cr Expenses 18,500
Dr Retained earnings 15,000
Cr Income summary 15,000
net income = amount of income summary closed against retained earnings = $15,000
Answer:
D) $7,000
Explanation:
Just took practice... I got it wrong but it told me the right answer so here!
Answer:
See picture answer in spread sheet.
Also a spreadsheet explanation of how the numbers are got.
Explanation:
Payoff of a long call option = Max[S-X, 0] - P
Payoff of a short call option = P - Max[0, S-X]
Payoff of a long put option = Max[X-S, 0] - P
Payoff of a short put option = P - Max[0, X-S]
S = underlying price at expiry
X = strike price
P = premium paid or received (long options involve paying premium, and short options receive premium)