according to the graph of marginal product of labor for a company that makes beanbags, which of the following situations is created when the fourth through seventh workers are hired
a. increasing marginal returns
b. marginal product of labor specialization
c. negative marginal returns
d. diminishing marginal returns
Answer:
d. diminishing marginal returns
Explanation:
Marginal return on work is a microeconomic concept that aims to measure the increase in the amount produced when an extra worker is hired.
When the fourth employee is contradicted, production increases by 6 units, ie the marginal return of the worker is 6 units. When the fifth employee is hired, production increases by 5 units. When the sixth employee is hired, the production increases by 3 units and when the seventh employee is hired, the production increases by one unit, thus the marginal return of this worker is 1 unit. This means that the productivity of each employee increases, but at a decreasing rate. In other words, marginal returns on production are decreasing from the fourth worker. Note that from the first to the second and from the second to the third marginal returns are increasing (6 and 7 respectively).
Effective feedback should focus on the behavior, not the person.truefalse
Effective feedback should focus on the behavior, not the person. When someone focus's the feedback on the person, it is not considered effective.
The answer is: False
a certain bank assigns a unique number to each savings account. the amount of savings in each account depends on how much the owner deposits into the account. The interest pain on each account depends on how much money is in the account.
Which of these relations is not a function?
A.(interest paid, savings account number)
B.(interest paid, amount in saving account)
C.(savings account number, interest paid)
D.(savings account number, amount in savings account)
Answer:
B
Explanation:
Which of these businesses are in monopolistic competition?
a. Two clothing shops, one selling women's clothing and the other selling kids' clothing
b.Two agricultural producers, each selling a variety of kinds of citrus fruit
c.Two pet stores, one of which sells dog products and the other of which sells bird products
d.Two phone providers, each offering benefits to customers who switch to its service
Answer: d. Two phone providers, each offering benefits to customers who switch to its service
Explanation:
Monopolistic competition occur when there are many firms producing different products which has close substitutes, that is the products are similar. Also, products are known or recognised based on their quality or design and producers are free to enter or exit because there are no barriers. Hence, advertisement is used in promoting sales of goods and services and firms tend to lower prices in order to sell their goods.
The journal entry to reverse the entry of a customer’s nonsufficient-funds check would include a
The journal entry to reverse the entry of a customer’s nonsufficient-funds check would include a credit to cash.
What is Credit?Credit may represent many different things in the realm of finance, but it is often understood as a contract where a borrower receives money or something valuable and agrees to pay the lender back at a later time, usually with interest.
A social relationship between a creditor (lender) and a borrower is the fundamental component of credit (the debtor). The debtor agrees to return to the lender, frequently with interest, or face financial or legal repercussions. Extending credit is a practice that dates back to the beginning of human civilization, thousands of years ago.
Today, a meaning of credit that is frequently used still relates to an agreement to buy something with the explicit commitment to pay for it later. This is referred to as a credit purchase. Credit cards are currently the most popular way to make purchases on credit.
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Describe at least three things you can do to protect yourself from identity theft. (1-3 sentences. 2.0 points)
E-mail allows business professionals to _____.
a. send a message electronically
b. create a technical drawing of a building
c. scan a barcode
d. create a slide show
the duck says send a message electronically :v
Electronic mail, also known as email or e-mail, is a form of interperson communication that happens over electronic devices. Therefore, option A is the best one.
What is E-mail ?Email is available worldwide.Email is a possibility.
All computer networks, primarily the Internet and local area networks, have access to email. today I sent an email The foundation of systems is the store-and-forward model. Email servers deliver, store, forward, and receive emails. Users do not need to be simultaneously online on their computers in order to send or receive messages; they simply need to establish a connection to a mail server or webmail interface.
When "mail" solely referred to physical mail in the past, email was developed as its electronic (digital) counterpart (thus the prefix e- + mail).
An email account is now widely seen as an essential and important component in many areas of business, trade, government, education, entertainment, and other facets of daily life in most countries. Later, email became a common (very well-liked) form of communication.
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The amount of money in the economy is called the _____.
Answer:
Money supply
Explanation:
it is trust
Suppose Spain produces only cars and trucks. The resources that are used in the production of these two goods are not specialized—that is, the same set of resources is equally useful in producing both trucks and cars. The shape of Spain’s production possibilities frontier (PPF) should reflect the fact that as Spain produces more trucks and fewer cars, the opportunity cost of producing each additional truck:
A. increases
B. decreases
C. remains constant
What does Osha stand for?
Answer: the other guy is correct
Explanation: Stay safe Have a good day!!
The indirect financial and nonfinancial payments employees receive for continuing their employment with a company are called ________.
Which of the following statements explains the relationship between Social Security and Medicare taxes?
a.
Both Social Security and Medicare are applied to all wages up to the maximum taxable earnings.
b.
Both Social Security and Medicare are applied to all wages without limit.
c.
Medicare is applied to all wages up to the maximum taxable earnings. Social Security is applied to all wages without limit.
d.
Social Security is applied to all wages up to the maximum taxable earnings. Medicare is applied to all wages without limit.
Answer:
D is the answer
Explanation:
You have returned from a trip to Europe and still have €128 euro. How much in U.S. dollars should you receive if the exchange rate is $1 USD = €EUR 0.6991?
$128.70
$183.09
$127.30
$89.48
Answer:
183.09
Explanation:
128/0.6991=183.09
$183.09 is the amount in U.S. dollars should you receive if the exchange rate is $1 USD = €EUR 0.6991. Hence, option B is correct.
What is exchange rate?The rate at which one currency can be exchanged for another is known as the exchange rate between two currencies. In other words, the exchange rate is the cost of one currency relative to another.
You may find out the worth of your currency in another currency using an exchange rate. Consider it to be the cost associated with buying that currency. For instance, in June 2022, the exchange rate between the two currencies was 1.05 for the euro and 0.95 for the dollar.
The price of one country's currency in terms of another country's currency is what is known as the exchange rate. Therefore, £1 will buy you $1.35 if the exchange rate between UK pounds and US dollars is 1.35.
Thus, option B is correct.
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About how many tax returns are selected by the IRS of adults each year?
What is not true about bartering?
__________ is a specialized accounting book, where transactions are categorized according to type. for example, all utility transactions are recorded in the same category.
Which of the following statements is true about using fonts in business documents?
A. Sans serif fonts, such as Arial, are best in business letters and emails.
B. Use as many different types of fonts in a business letter as you can.
C. There are no standards about using fonts in business documents.
D. Serif fonts, such as Times New Roman, work well in business letters and emails, especially when the font size is small.
letter a is the correct answer
The statement true about using fonts in business documents is Sans serif fonts, such as Arial, are best in business letters and emails. Thus the correct option is A.
What is the importance of business documents?Documentation plays a crucial role in corporate governance and operations since it inspires confidence in your company among clients, potential investors, and employees. When defending against litigation and accusations, documentation is efficient handling.
Determining the correct font for your documentation can help them project credibility and dependability. Using expert fonts in your publications will help you leave a lasting impression on readers.
Fonts are an essential component of a brand because, when used properly, they may generate feelings and highlight a business's best qualities. It enables readers to engage with the topic.
Therefore, option A is appropriate.
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A natural monopoly can occur when the average cost of making a good _____ a lot as output increases.
decreases
increases
The answer is: Decreases
Natural monopoly refers to a type of monopoly that exist because the start up cost to start similar business is too high.
This could only occurs if there is a single company exist for a long period of time, to the point where it acquire enough assets to make the average cost of making their goods at the lowest point while maximizing their inputs.
What happens in one sector of the economy often affects other sectors of the economy.
A. True
B. False
The answer to your question is true
Michael bought a new car. The sticker price was $6,100. He decided not to buy a warranty or any upgrades to the car. However, he ended up paying much more. Why?
Answer:
Sales Tax
Explanation:
Some times and most of the times when retailers showcase a certan price they are not including taxes, those are added at the time of paying, so when Michael chose his car he most probably wasn´t considering the Sales tax which depends on the state where he is, and the locality where he is, but it varies from 6% all the way upto 13% between the two of them.
Michael paid more than the sticker price because of sales tax, registration fees, insurance, and potentially interest on a car loan. He didn't add a warranty or upgrades, but these additional costs applied regardless.
Explanation:The reason Michael might have ended up paying more than the sticker price of his $6,100 car is due to additional costs related to car ownership that are beyond the initial purchase price. These could include taxes, insurance costs, registration, and other fees. Although he decided not to purchase a warranty or any upgrades, these additional fees could still apply. For instance, car sales often involve sales tax, which is an additional percentage of the sale price. Additionally, new cars must be registered with the local Department of Motor Vehicles, and this includes a fee. Also, if Michael is financing the car, he will be paying interest on his car loan, which could significantly increase the total price over time.
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how is underutilization depicted on a production pssibilities frontier
Underutilization in a Production Possibilities Frontier (PPF) is represented by any point inside the frontier. This indicates that an economy is not using all its resources to maximum capacity and hence not producing as many goods as theoretically possible.
Explanation:In economics, the Production Possibilities Frontier (PPF) is a graphical representation of the possible combinations of two goods that an economy can produce using its resources to the fullest potential. However, underutilization can occur when resources are not used to their full capacity, resulting in fewer goods being produced than what is feasible.
On a PPF, underutilization can be depicted as any point inside the frontier. For example, if our economy is capable of producing 100 apples and 100 oranges, but it's currently only producing 50 apples and 50 oranges, this would be a point within the PPF and represent underutilization. It shows that we are not using all available resources to their maximum capacity and hence not achieving full productive potential.
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Why is self-representation important in the corporate world?
a. It determines the kind of interaction you have with your coworkers.
b. It determines the percentage of salary increases during appraisals.
c. It shows that you are an honest person with strong work ethics.
d. It shows your self-management abilities.
e. It helps you avoid conflicts
The correct answer is A. It determines the kind of interaction you have with your coworkers.
Explanation:
The term "self-representation" refers to ideas, beliefs, and conceptions people have about themselves, and the way these shape the image they show to others. Besides this, self-representation shapes attitudes, behaviors and interactions with others, for example, if you consider yourself as superior to others, it is likely you are arrogant, and as a result of this, you will have a negative interaction with other people. This is especially relevant in the corporate world as this can affects professional relationships. According to this, self-representation is important because "It determines the kind of interaction you have with your coworkers".
Answer:
A. It determines the kind of interaction you have with your coworkers.
Explanation:
For all Plato users
A sum of money is invested at 12% compounded quarterly. About how long will it take for the amount of money to double?
Compound interest formula: V(T)=P(1+r/n)^nt
t = years since initial deposit
n = number of times compounded per year
r = annual interest rate (as a decimal)
P = initial (principal) investment
V(t) = value of investment after t years
p.S: Please explain, I have a couple problems like this so having an example to go off of would be nice. :)
x Thanks
The really answer is A which is 5.9 years
How do scarce resources influence you personally? What impact does this have on your financial management?
Answer: fossil fuels
Explanation: fossil fuels values revolve around supply and demand becuase there is a shortage of fossil fuels which is why they are worth more and can impact the economy, which would also mess with your financial management
which is an example of an economic factor that affects the business environment ?
Good weather is an example of a natural condition that can affect the supply of agricultural goods by improving crop yields, which in turn impacts the business environment.
Explanation:An example of an economic factor that affects the business environment is changes in weather or climate conditions. These changes can significantly influence the cost of production, particularly for agricultural products. For instance, good weather can improve crop yields, thus increasing the supply of agricultural goods in the market. Conversely, poor weather, such as droughts or floods, can decrease supply, leading to higher market prices. Businesses need to consider these fluctuations when planning their production cycles and pricing strategies.
Other factors that also affect supply include changes in the prices of inputs, advancements in production technology, and certain government policies that can either facilitate or hinder production processes, thus impacting the business environment.
How can entrepreneurs avoid getting caught up in the hype surrounding their product or service?
PLEASE HELP!!!!!
How did poor intellectual property laws benefit the United States during the Industrial Revolution?
They decreased labor costs.
They increased exports.
They encouraged people to buy goods produced in the U.S.
They allowed entrepreneurs to make advances to industry.
I think your answer would be C. They encouraged people to buy goods produced in the U.S.
In which stage do you decide whether a business opportunity is a good fit for your personality.
A.) identify
B.) plan
C.) start
D.) operate
How can the fiscal policies of a country influence individual finances?
Final answer:
Fiscal policies involving decisions on taxation and government spending can profoundly impact an individual's finances by affecting employment rates, loan interest rates, and future tax obligations. Government budget deficits and borrowing can further influence private savings and overall economic growth.
Explanation:
The fiscal policies of a country are a set of governmental actions related to taxation and public spending that can directly influence an individual's financial situation. When the government decides on the levels of spending on goods and services, how it transfers funds to households, and what tax rates are imposed on individuals and firms, these decisions have profound impacts on various macroeconomic variables which, in turn, affect personal finance.
Fiscal policy influences real GDP, employment rates, social security benefits, and the interest rates for loans, potentially altering the money available to individuals either through direct taxation from their paychecks or benefits they receive from the government.
The first paragraph or part of a business letter is the .
A. supporting details
B. addresses
C. conclusion
D. introduction
Answer: (D) Introduction
Explanation:
The first paragraph or the part of the business letter should start with the proper introduction. The primary section of the formal business letters ought to incorporate a prologue to the reason for the business letter. It is very common way to initially thank somebody or to present yourself.
We should always give some introduction about the topic in the first paragraph and then, include salutation, message and the conclusion. Therefore, Option (D) is correct.