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sashaice [31]
2 years ago
11

The production function gets flatter, while the total cost curve gets steeper due to the fact that Group of answer choices at lo

wer levels of production firms require more inputs to increase production by the same amount as compared to higher levels of production. at higher levels of production firms require more inputs to increase production by the same amount as compared to lower levels of production. at higher levels of production firms require less inputs to increase production by the same amount as compared to lower levels of production.
Business
1 answer:
Minchanka [31]2 years ago
8 0

The production function gets flatter, while the total cost curve gets steeper due to the fact that C. <u>at higher levels of</u><em><u> production firms </u></em><u>require less inputs to increase production by the same amount as compared to lower levels of </u><u>production.</u>

The <em>production function</em> shows the relationship that exists between the inputs and the outputs during the production of a product.

It should be noted that <u>diminishing marginal product</u> is vital for explaining why the increase in the output of a firm results in the <em>production function</em> getting flatter. Also, the <em>total curve</em> becomes steeper.

Therefore, at higher levels of production, firms require fewer inputs to increase<em> production</em> by the same amount.

Read related link on:

brainly.com/question/25162387

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Palmer Products has outstanding bonds with an annual 8 percent coupon. The bonds have a par value of $1,000 and a price of $865.
Andre45 [30]

The yield to maturity on the bonds is 10.0868%

<u>Explanation</u>:

Given,

Annual coupon rate = 8% = 0.08

Par value = $ 1000

Price = $ 865

                               N = 11 \times 1 .

                            PV = $ 865

                         PMT = ( Par Value \times The coupon rate) / F

                                 = ( 1000 \times 0.08 ) / 1

                                 = 80.

                           FV = 1000.

Financial calculator solution

the yield to maturity = I = 0.1008668

                                      = 10.0868% .

6 0
3 years ago
Green Corporation reported pretax book income of $1,000,000. During the current year, the net reserve for warranties increased b
Dmitry_Shevchenko [17]

Answer:

Green's cash tax rate is 19.425%

Explanation:

The cash tax rate is the taxes payable divided by pretax book income. Green's taxable income is $925,000 ($1,000,000 + $50,000- $100,000 - $25,000). Taxes payable on taxable income is $194,250. The cash tax rate is 19.425% {$194,250/$1,000,000}.    

6 0
3 years ago
On April 1, 20X4, Kew Co. purchased new machinery for $300,000. The machinery has an estimated useful life of five years, and de
Afina-wow [57]

Answer:

The answer is B. $180,000

Explanation:

The sum of years' digits method is an accelerated depreciation that is based on the assumption that the productivity of the asset decreases with time.

Here, the sum of the digits are found. In this question, useful life is 5 years. So the sum of the digit is:

5+4+3+2+1 = 15.

April 1 20X4 through March 31 20X6 is 2 years.

First year depreciation is:

5/15 x $300,000

=$100,000

2nd year depreciation is:

4/15 x $300,000

=$80,000

Therefore, accumulated depreciation is

$100,000 + $80,000

$180,000

7 0
3 years ago
Danielle has to send a message to her manager. It is taking her extra time to draft the message because of the number of edits s
alex41 [277]

The type of communication that Danielle is carrying out is written communication. She is editing the written message to be sent to her manager.

<h3>What is Written Communication?</h3>

A 'Written Communication' refers to the process of sending messages, orders, or commands in writing thru letters, circulars, manuals, reports, telegrams, workplace memos, bulletins, and many more.

It is a proper approach to conversation and is much less flexible in nature.

Therefore, The type of communication that Danielle is carrying out is written communication. She is editing the written message to be sent to her manager.

learn more about written communication here:

brainly.com/question/7562621

#SPJ1

8 0
2 years ago
Jennifer is leasing a car from a local auto retailer. The terms of the lease include a 9% interest rate for 36 months with a res
uysha [10]

Answer: $312.06

Explanation:

We are given that :

MSRP = $17500 , time = 36 months , interest rate = 9% , residual value = 57%

Exact residual value = 57% of 17,500 = $9975

Also, we know Money factor = rate ÷ 2400

money factor = 0.00375

Step 1 : To calculate monthly depreciation by using the formula :

Monthly Depreciation: MSRP-RESIDUAL VALUE / No. of MONTHS

17500-9975 / 36 = $209.03

Step 2 : To calculate monthly financial charge by using the formula :-

Monthly financial charge=( MSRP + RESIDUAL VALUE) . MONEY FACTOR.

Monthly financial charge = (17500+ 9975) . 0.00375= $103.031 25

Step 3 : To calculate lease amount by using the formula :

Lease payment = Depreciation + Financial charge

Lease payment = 209.03 + 103.031 25= 312.06

So, the approximate lease payment is $312.06

5 0
3 years ago
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