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Gekata
1 month ago
5

When adding another unit of labor leads to an increase in output that is smaller than the increases in output that resulted from

adding previous units of labor, we observe the property of:a. diminishing Labor. b. diminishing output. c. diminishing marginal product of Labor. d. negative marginal product.
Business
1 answer:
stepan [3.5K]1 month ago
3 0

Response:

The answer is option "C": diminishing marginal product of Labor.

Clarification:

The diminishing marginal product of Labor is derived from the law of diminishing marginal returns, which states that as additional input is employed, there comes a point when the rate of output growth starts to decline. In the scenario of diminishing marginal product of Labor, the situation is that with more workers brought into a company, there is reduced space available for all of them to function.

Consequently, adding more employees will enhance productivity, but at reduced levels.

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A company is offering to pay a stadium for naming rights. If the administrative costs for this sponsorship are $78,000, and thes
marusya05 [3725]

Answer:

The company’s offer for the rights to name the stadium amounts to $71,760.

Explanation:

The sponsorship’s total administrative cost is $78,000, which constitutes 8% of the revenue generated from the naming rights. Hence,

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= $78,000 × 8%

= $6,240

To find the amount proposed for the naming rights, we subtract the revenue-related expense from the total cost:

= $78,000 - $6,240

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3 months ago
If you have a cb radio, you can turn to channel ___________ and request police assistance. 5 12 10 9
Mariulka [3825]
The Citizen Band (CB) radio originated in 1940 when the Federal Communications Commission (FCC) began regulating it for local personal and business use. To listen or call for police help, one should switch to channel 9. 
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3 months ago
A one-year zero coupon bond costs \$99.43$99.43 today. Exactly one year from today, it will pay \$100$100. What is the annual yi
Mariulka [3825]

Answer:

0.00573

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Today's bond cost is $99.43

The bond's value at the year's end is $100

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This yield represents the one-year discount rate applicable for a future value of $100, where its present value is $99.43.

Final Answer

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5 0
2 months ago
Todrick Company is a merchandiser that reported the following information based on 1,000 units sold: Sales $ 345,000 Beginning m
Free_Kalibri [3773]

Answer:

See the instructions below.

Explanation:

Here is the provided information:

Q= 1,000 units sold

Sales amounting to $ 345,000

Starting merchandise inventory at $ 23,000

Total purchases of $ 230,000

Ending merchandise inventory valued at $ 11,500

Fixed selling expense is $?

Fixed administrative expense totals $ 13,800

Variable selling expense is $ 17,250

Variable administrative expense is $?

Contribution margin stands at $ 69,000

Net operating income equals $ 20,700

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1) Total revenue is 345000

COGS amounts to 241500

Variable selling expense equals 17250

Variable administrative expense=? =17250 (345000 - 241500 - 17250 - 69000)

The contribution margin is 69000

Fixed selling expense=? = 34500 (69000 - 13800 - 20700)

Fixed administrative expense is 13,800

Net income is 20,700

2) Sales total 345,000

COGS reaches 241500

Gross profit comes to 103500

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Selling expense is 51750

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3) Selling price per unit calculation: total sales/Q= 345000/1000= $345

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5) Contribution margin per unit calculation: 69000/1000= 69

6) The contribution format income statement is advantageous as it clearly illustrates how each unit influences the contribution margin.

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2 months ago
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3 0
1 month ago
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