Answer:
$259,200
Explanation:
A-Rod Fishing Supplies
Income Statement
Sales Revenue $2,500,000
Less Cost of Sales ($1,710,000)
Gross Profit $790,000
Less Operating Expenses
Selling and administrative expenses $250,000
Depreciation expense $280,800 ($530,800)
Operating Profit $259,200
thus,
the firm's operating profit is $259,200
<u>Answer:</u>
<em>Format Painter copies the text or graphics from the selected format and replicates it to the desired one. But F4 key copies the previous actions and may copy all the commands. </em>
<u>Explanation:</u>
These are the two basic shortcuts of editing any text or graphics. Format painter is a tool on the task bar which copies the properties of one text or graphic and transfer it to the desired format.
Answer:
The correct answer is letter "D": product of an extra worker is less than the previous worker's marginal product.
Explanation:
The Law of Diminishing Marginal Productivity indicates that increasing one variable while holding others the same can initially increase output but eventually adding more of that variable results in lower return rates. This law helps explain that it is not always the best way to increase income by increasing production.
<em>Initially, companies recruiting additional workers would boost production until too few machines or not enough space is sufficient to accommodate everyone. Then, the production rate will decrease.</em>
Suppose the government launches a successful advertising campaign that convinces workers with high school degrees to quit their jobs and become full time college students. This would cause the labor force participation rate to decrease.
Let's imagine that the government employs a convincing advertising campaign to persuade those with high school diplomas to quit their jobs and devote their full time to attending college. As a result, the rate of labor force participation would decrease.
The labor force participation rate provides an estimate of the size of the labor force in an economy. The percentage of the working-age, non-institutionalized population, aged 16 and over, that is employed or actively seeking employment is used in the calculation. When paired with the unemployment rates, it can help put the state of the economy in some sort of context.
To know more about labor force refer:
brainly.com/question/14826712
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