use the table and proivded and explain the law of diminshing returns
plz help asap
Answers
Answer:
The law of diminishing returns states that at some point, the amount of additional output per amount of additional input decreases more and more as more inputs are used. In other words, at some point the marginal product will continuously decrease with more labor (input).
This is reflected in the table, where marginal product decreases past 2 units of labor. At 2 units, the marginal product is 14. This reduces to 6 at 3 units, and further to 2 with 12 units of labor.
Explanation:
Related Questions
You received a great money-saving credit card offer in the mail complete with a rewards program. You read on further to find that the one dollar for every mile spent may not be such a great offer after all since getting a $500.00 airline ticket only happens after you acquire 25,000 miles or spend $25,000. This is a ________ schedule.a) variable-intervalCorrect Responseb) fixed-ratioc) fixed-intervald) variable-ratio
Answers
Answer:
Option b (fixed-ratio) seems to be the right approach.
Explanation:
A fixed-ratio method throughout operant conditioning seems to be a reinforcement program where even a statement or reply is repeated after only a given number of comments. Fundamentally, a certain number of answers are given by the participant, and afterward the teaching context a prize.The other approaches offered do not apply to the context of this discussion. So, the right choice is b possibility.
How do supply and demand help determine the price of a product?
A. By pressuring sellers to lower prices on products to the point that
most buyers can afford to buy them
B. By ensuring that products with a high level of demand will not
suffer from the substitution effect
C. By forcing buyers to accept higher prices so that sellers keep a
large supply of most products
D. By creating a balance between buyers who want low prices and
sellers who want high prices
Answers
Answer:
D. By creating a balance between buyers who want low prices and
Explanation:
Supply and demand help in determining the price of a product by creating a balance between buyers who want low prices and sellers who want high prices.
What is demand?Demand is just a consumer's desire to buy products and services immediately and to pay the price associated with them. Demand can be defined as the quantity of things that consumers are prepared and willing to purchase at various prices within a specific time frame. Demand is based on preferences and tastes, which can be explained in terms of the price, advantages, profit, and other factors.
According to the law of demand, if a product's price increases while other parameters remain the same, the quantity required of the product decreases. In other words, if the price of the good rises, the total amount of demand falls. The reason for this is that if customers' opportunity costs rise, they may choose to buy something else instead or decide not to buy it at all. Really intriguing ideas are the law of demand and its exceptions.
What is supply?The quantity of goods or services a provider is willing and able to offer to the market for a given price is referred to as supply in the study of economics. Stock availability and the factors influencing the supply have an impact on the willingness and capacity to make products available to the market. A change in prices also affects the equilibrium of the market. More supplies will be available as prices rise, but the converse will occur as prices fall.
The supplier's response to shifting market pricing is explained by the law of supply. In the simplest terms, suppliers typically maximize profits by raising the number of products delivered when there is a change in the price of a specific good or service.
The market's variables must all remain consistent. Instead, when prices decline, they have a tendency to shift supply to the opposing side until equilibrium is reached.
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Can someone hurry and help me please!! If you answer be at least 99% sure. Thank you!
What is a likely result of an increase in trade between nations?
A. It will provide consumers with more choice at lower prices.
B. It will increase the cost of goods due to increased competition.
C. It will lower the standard of living in the weaker trade nation.
D. It will restrict the market for domestic products.
Answers
Answer:
The answer is A. It will provide consumers with more choice at lower prices.
Explanation:
Option (a), which will give customers more choices at a reduced cost, is the best choice.
What is a likely outcome of an increase in international trade?Trade allows for the expansion of markets and access to products and services that might not otherwise be available locally. The competitiveness in the market has increased as a result of global trade. The cost of the final product for the consumer is reduced as a result of increased pricing competition.
Because it promotes market specialization, fosters innovation, and decreases the cost of commodities globally, trade is crucial for maintaining a competitive global economy. A further benefit of trade is having access to goods and services that may be more affordable and of higher quality than those that are provided domestically.
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Advise the team leader on the activities that should take place during the performing stage
Answers
The correct answer to this open question is the following.
Although there is no more context or reference, we can say the following.
The activities that should take place during the performing stage would be the following.
During the performance stage, the leader and the members of its team are ready to start taking action. After passing the previous stages of the forming stage, the storming stage, the norming stage, it is time, the leader knows that it is the moment to do what was planned. So this performing stage determinant because actions are going to be evaluated to know the effectiveness of the leader. So the leader knows that he/she has to be congruent with what it says and what it does, and deliver the proper results for the benefit of the team.
Henry has been newly appointed as the head of the HR team at AAS Technologies. In an attempt to establish a more efficient and reliable workflow, Henry has taken up the responsibility of creating job descriptions and job specifications for the newly hired and current engineers within the organization. While doing so, Henry gathers information about the knowledge, skills, abilities, and other characteristics (KSAOs) required for an engineer to successfully perform the job. How will determining the KSAOs most benefit the organization?
Answers
Answer:
Explained below
Explanation:
KSAOs or knowledge, skills, abilities, and other characteristics, are the unique set of criteria required by a hiring agency or company for a particular job.
Henry, being the HR head at AAS Technologies looks for these features in a desirable candidates to find common sync between the job requirements and the capabilities of the candidate. It proves to be an effective method to filter out less desirable job seekers.
____________________ was a major reason why the United States changed more towards a mixed market economy.
Question 8 options:
The Great Depression
The Civil War
The American Revolution
The 9/11 Attacks
Answers
Answer: The Great Depression
Explanation:
The Great Depression occured due to the fact that there was a crash of the stock market and this affected the economy of the world. The United States and European countries were majorly hit hard as there was drastic reduction in the demand of goods and services.
The Great Depression led to the government looking for new ways to tackle the challenges and one of those policies was moving towards a mixed economy which is an economy whereby the Individuals and governments are all involved in goods and services production and distribution.
Why do you think customer service is important for a business
Answers
Answer:
It can help expand your business, if your buisness has amazing customer service your customers will be more willing to return and even refer friends/family/etc. to your business. A business's success is determined by the customers, they are the ones that purchase your goods/products and have the power to make or break a business.
Two savanna communities both contain 15 plant species. In community A, each of the 15 species is represented by 20 individuals. In community B, 10 of the species are each represented by 12 individuals; the remaining 5 species are each represented by 3 individuals. Which statement best describes the two communities?
Answers
Answer:
Community A has a higher species evenness
Explanation:
Community A has high species evenness because species evenness is the relative proportion of people of different races in a particular area. In Community A, a total of 15 races are represented equally by 20 individuals, while in Community B, 10 out of 15 races are represented by 12 individuals and 5 other 3 individuals. The relative proportion of individuals of different races is greater than A. So that Community A has more species evenness.Workplace harassment protects only a isn’t harassment that is physical in nature?
Answers
02.01 LC)
Work you do for pay is called a _____.
A. service industry
B. diverse workforce
C. job
D. volunteer job
Answers
1.What is a business transaction?
Answers
Answer:
A business transaction is an event involving an interchange of goods, money or services between two or more parties.
Explanation:
A business transaction is an event involving an interchange of goods, money or services between two or more parties. The business transacted can be between two parties engaged in business and conducting the transaction for their mutual benefits, or between a business entity, like a retail shop, and a customer.
Year to date, Company Y had earned a 10.8 percent return. During the same time period, Company R earned 12.20 percent and Company C earned −1.56 percent. If you have a portfolio made up of 45 percent Y, 35 percent R, and 20 percent C, what is your portfolio return?
Answers
Answer:
8.82%
Explanation:
The computation of the portfolio return is shown below:
Portfolio return = Respective returns ×Respective weights
= (10.8 × 0.45) + (12.2 × 0.35) + (-1.56 × 0.20)
= 8.82%
Hence, the portfolio return is 8.82%
We simply applied the above formula so that the portfolio return could come
And, the same is to be considered
A point inside the production possibilities curve represents -
A. An efficient use of resources
B. Future output
C. An inefficient use of resources
D. An impossibility given current resources
Answers
Answer:
i think its letter D!!!!
Ashleigh hires a group of security staff. Each worker works an average of 80 hours per month at $14/hour. If her monthly labor cost for security workers is $23,520, how many security workers did Ashleigh hire? a) 15 b) 21 c) 36 d) 47
Answers
Answer:
b) 21
Explanation:
Each worker works an average of 80 hours per month and earns $14 per hour.
Each employee will earn 80 hours multiplied by $14
=80 x $14
=$1,120
If the monthly labor cost for security worked is $23,520, she has hired
=$23,520/$1,120
=21 security workers
Answer: 21 workers
Explanation:
Rebecca wants to buy a new saddle for her horse. The one she wants usually costs $600, but this week it is on sale for $490. She does not have $490, but she could buy it with $60 down and pay the rest in 6 months with 9 percent interest. Does Rebecca save any money buying the saddle this way? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Answers
Answer:
high quality and the other one is a little more than I can say is that I was just wondering if you were still going to be able to make it to the store and get some rest and feel better soon and that is why I am asking for a friend to talk to you about it when I get home
Employers set workplace guidelines for various reasons, including business reasons or health and safety. Which of the following activities show organizational responsibility for the safety of employees?
Check all of the boxes that apply.
All employees must meet sales goals.
All employees must attend a safety briefing.
All employees must wear a uniform that includes a vest and slacks.
All employees must wear a uniform that includes steel toed boots and a lab coat.
Answers
Answer:
B- All employees must attend a safety briefing.
D- All employees must wear a uniform that includes steel toed boots and a lab coat.
The activities show organizational responsibility for the safety of employees are
All employees must attend a safety briefing.
All employees must wear a uniform that includes steel-toed boots and a lab coat.
What is business?An economic activity that involves the exchange of goods and services with teh help of buying and selling with the objective to gain some profit is called Business.
For a variety of reasons, such as financial advantage or concerns for employee safety, employers develop workplace policies. A safety briefing is required for each employee in order to prevent any unanticipated situations.
To protect themselves from dangerous situations or any injuries they may sustain while working, all employees are required to wear a lab coat and steel-toed boots as part of their uniform.
The responsibility for creating and enforcing safety practices rests solely on the employees. Any accident that results from their neglect of safety procedures is their own responsibility.
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One major advantage of pure competition compared to a monopoly is that:
O A. businesses have more incentives to keep prices low.
B. economies of scale become less important.
C. consumers have to make fewer economic choices.
D. more capital is available for research and development.
Answers
Answer:businesses have more incentives to keep prices low
Explanation:apex
I'LL give brainlest to whoever can answer this question
Answers
Answer:it would be c
Explanation:
Answer:
answer is C
Explanation:
The research and development (R&D) team of DataCom Corp., a software firm, holds a meeting to discuss potential ideas for new products. In the meeting, the moderator encourages everyone to share their ideas, no matter how trivial they may seem. He warns members against criticizing any idea and asks them to focus on offering plenty of ideas. In this scenario, the R&D team of DataCom is engaged in _____.
a. concept testing
b. idea screening
c. brainstorming
d. beta testing
Answers
Answer:
c) Brainstorming
Explanation:
The R&D team has invited potential ideas, encouraged by everyone, without criticism.
The company is engaged in Brainstorming. Brainstorming is a group creativity technique, where many ideas from various people are collected, & are pondered upon for arriving at a situation.
If consumer wealth decreases as the stock market plunges, then (3 points) there is a movement down the AD curve as price level decreased. AD shifts right and price level would decrease. AD shifts right and price level would increase. AD shifts left and price level would decrease. AD shifts left and the price level would increase.
Answers
Answer:
AD shifts left and price level would decrease.
Explanation:
If consumer wealth decreases due to a plunge in the stock market, the AD curve will shift to the left. This is because shifts to the left of the AD curve represent a reduction in demand, and if consumers are poorer, they will naturally decrease their demand.
This will in turn reduce the price level, because in a market system, prices will fall until they meet the new, lower demand, meaning that a new equilibrium price is reached.
how can you save money by living at home while enrolled in post secondary school or training .
Answers
Answer:training can save money on. answer choices. books but it raises costs for tuition
Explanation:
need help What were Law’s plans?
Answers
Answer:
Law created a private national bank and issued paper money, based on the wealth of the French government, in the hopes to pull France out of debt.
-BBBM
Which of the following is a challenge for a business that wants to begin exporting?
A) increasing company profits.
B) identifying a target market.
C) improper use of a trademark
D) Generate tax dollars for another country.
Answers
Dear Ms. Hunter: Subject: Credit Reimbursement Request for Account #45673 Your account will be credited for the erroneous charges. Thank you for bringing this error to our attention. You will receive credit notification by mail in 5–7 working days. True or False: This is an effective beginning for a direct reply letter. True False Which strategy will make your direct response most useful for the recipient? Build goodwill through emphatic statements. Arrange your information logically. Close pleasantly and quickly.
Answers
Answer:
True: This is an effective beginning for a direct reply letter.
Arrange your information logically
Explanation:
Communication is the process whereby information or message is pass one from one person to another. Communication is complete when the receiver knows or understand what the sender is passing on(message). There are different types of communication of which there is the direct and indirect form of communication. Communication can be done through letters, face to face discussion, through the mass media and others. The way information is passed plays a huge role in the receiver understanding or decoding the message.
Which statement WOULD NOT be true about the value of career research?
There are many careers that would support your well-being, Career exploration allows you to find the one
that pays the most so your well-being is enhanced to the highest degree.
Opinions from different people working in the occupation should be considered before ruling out a
particular career.
Current job availability and the outlook for future employment are as essential to consider as whether you
have the skills, interest and abilities to pursue a particular career.
Everyone values different aspects of an occupation. One person might value the flexible schedule a
particular job offers and another might care more about the amount of training that career might require.
Answers
Answer: There are many careers that would support your well-being. Career exploration allows you to find the one that pays the most so your well-being is enhanced to the highest degree
Explanation:
When making a career research, it's vital to consider the opinion of the people that already have that career as their occupation as they already have the required knowledge concerning the job.
Also, one should consider the availability of job, the skills, abilities that one has and the future prospects of the job.
Furthermore, we all have something we value about careers and our opinions regarding that might be different.
Therefore, the correct option is "There are many careers that would support your well-being. Career exploration allows you to find the one that pays the most so your well-being is enhanced to the highest degree". This is false.
When management fails to set priorities for work, employees tend to _______. a. Decide which tasks to do by flipping coins b. Schedule tasks over a reasonable period of time c. Assume each task is of equal importance d. Work on one task to completion before moving on Please select the best answer from the choices provided A B C D
Answers
Answer: C. ASSUME EACH TASK IS OF EQUAL IMPORTANCE
Explanation:
its right
Answer:
C. assume each task is of equal importance
Explanation:
Edge 2021
Yong teaches students with learning disabilities and physical disabilities.
Barb teaches computer programming to high school students.
Maya works in a private school teaching math to seventh-grade students.
Destiny works in a college teaching English to adult students.
Tanner helps an elementary school teacher and works under the guidance of that teacher.
ANSWERS: 1.Special Education 2. Career and technical education 3. Middle school 4. Post secondary teacher 5.teacher assistant
Answers
Answer: Special education teacher
Career and technical education teacher
Middle school teacher
Post secondary teacher
Teacher assistant
Explanation:
Answer:
1.Special education teacher
2.Career and technical education teacher
2.Middle school teacher
3.Post secondary teacher
4.Teacher assistant
Explanation:
Cycle Wholesaling sold merchandise on account, with terms n/60, to Sarah’s Cycles on February 1 for $1,200 (cost of goods sold of $700). On February 9, Sarah’s Cycles returned to Cycle Wholesaling one-quarter of the merchandise from February 1 (cost of goods returned was $190). Cycle Wholesaling uses a perpetual inventory system, and it allows returns only within 15 days of initial sale. Required: 1. to 3. Prepare the journal entry to record the sales, Goods returned on February 9 and Cash collected on March 2. 4. Calculate the gross profit percentage for the sale to Sarah’s Cycles.
Answers
Answer: Please find explanation column for answers
Explanation:
a)Journal To record sales of merchandise
Date Accounts titles Debit Credit
Feb 1 Account receivable 1200
Sales revenue 1200
Journal To record cost of goods sold
Cost of goods sold 700
Merchandise inventory 700
b)Journal To record sales return
Date Accounts titles Debit Credit
Feb 9 Sales return and allowance (1200/4) 300
Account receivable 300
To record cost of goods returned
Merchandise inventory $190
Cost of goods sold $190
c)Journal To record cash collection
Mar 2 Cash (1200 -300) $900
Account receivable $900
d) Gross Profit percentage = Net Profit/Net sales =Net sales - cost oof goods sold/net sales
Cost of goods sold = cost of goods sold - cost of goods retuened = 700- 190 = 510
Net profit/ net sales = 900- 510/ 900=490/900= 0.54 = 54%
What are the three basic levels of food service employees?
A
Beginning, intermediate, and advanced
B
Entry, skilled, and supervisory
с
Novice, trainee, and professional
D
Assistant, apprentice, and master
Answers
Answer:
entry,skilled, and supervisory
Explanation:
these job categories are entry level
The three basic levels of food service employees are: B
Entry, skilled, and supervisory.
The Entry-level is the lowest level, requiring no little education or training. Those at this level mainly engage in serving the customers, cleaning dishes, and undertaking some other menial jobs within the food-service chain.
Above the entry-level is the skilled-level. Skilled-level employees include chefs, bakers, and other culinary specialists, who require some years of training and education to be certified as qualified professionals.
The last in the basic level of food service employees are those who supervise both the entry-level and skilled-level personnel. At this level, supervisors require managerial attributes, soft skills, and leadership to maintain the relationships between the lower-level employees and the senior (strategic) managers.
Thus, there are three basic levels of food service employees starting with entry, skilled, and supervisory levels.
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How do economists determine whether an economy has entered a recession
in its business cycle?
O A. It alternates rapidly between periods of extreme growth and
decline.
O B. It experiences a contraction that lasts for at least two economic
quarters in a row.
C. It experiences contractions and expansions without peaks or
troughs.
O D. It has a negative value in its steady growth line for less than one
quarter.
Answers
It experiences a contraction that lasts for at least two economic quarters in a row is the correct option.
economic quarters typically determine whether an economy has entered a recession in its business cycle by analyzing its Gross Domestic Product (GDP) growth rate. A recession is generally defined as a significant decline in economic activity, typically characterized by a contraction in GDP for two consecutive quarters or more.
Economists also look at other indicators such as employment rates, consumer spending, and business investment to confirm whether the economy is in a recession. These indicators help economists understand the overall health of the economy and its ability to recover from a recession. Option A is incorrect because rapid alternation between growth and decline does not necessarily indicate a recession.
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