Which of these elements contributes toward globalization of the economy?

Which of the following is true of the relationship between the average product of labor and the marginal product of laborLOADING

Fudgin [204]

Answer:

E. Whenever the marginal product of labor is greater than the average product of labor, the average product of labor must be increasing.

Explanation:

Average product of labor (APL), which is also called The Average product (AP), is the overall product divided by the overall number of labor. It is the average quantity of output that each worker can produce. The average product curve and marginal product (MP) curve intersect at the maximum average product, while the marginal product of labor is the adjustment in output which is as a result of employing an additional unit of labor.

Going to the question we can conclude that Whenever the marginal product of labor is greater than the average product of labor, average product of labor must be increasing , that is it pulls the average product of labor up.

And anytime the marginal product of labour is smaller than the average product of labour must be decreasing.

4 0

1 year ago

Lindsay is training two new sales representatives, Lance and Ayden, to use the revised client-tracking database, which has been

Ira Lisetskai [31]

Answer:

The correct answers are lettera "A", "B" and "D": Be sure that Lance and Ayden know how to connect to Lindsay’s desktop; Frequently ask Lance and Ayden if what she is saying makes sense; Expect to review meeting content due to the limitations of virtual technology.

Explanation:

Thanks to technology, training can be given through online platforms that connect individuals even if they are in different parts of the world. Just like in Linday's case. For her training to be successful, Lance and Ayden must interact with Lindsay so she must make sure both of them are connected properly to her desktop.

After trying the features of the update, Lindsay must make sure both of them are learning and understand what they are doing so asking them if the information provided make sense can help for such a purpose. At the end of the session, Linday has to summarize the content review during the meeting so Lance and Ayden quickly verify what they learned.

7 0

1 year ago

You are the IT manager for the Andrews Company. A large shipment of new computers has just arrived. You notice that the inventor

PolarNik [594]

Answer: a. Rule out other explanations such as an error by the computer distributor.

Explanation:

Accusations without proof can be a very dirty affair as it can soil reputations if proved to be false both of the accuser, and the accused.

For this reason, it is best that you eliminate all other sources of error before you act on the suspicion that Bill has something to do with the missing computer.

These sources of error include an error from the Computer Distributor so Option A is correct.

4 0

2 years ago

Dextra Computing sells merchandise for $6,000 cash on September 30 (cost of merchandise is $3,900). Dextra collects 5% sales tax

Eduardwww [97]

Answer:

1.

Sept - 30

DR Cash $6,300

CR Sales $6,000

CR Sales Tax $300

(To record Cash sales and Tax Payable)

Working

Sales Tax = 6,000 * 5%

= $300

2.

Oct - 15

DR Sales Tax Payable $300

CR Cash $300

(To record remittance of Sales Tax to the State Government)

3.

Sept - 30

DR Cost of Goods Sold $3,900

CR Merchandise Inventory $3,900

(To transfer inventory to Cost of Goods sold)

4. Repeat question for question 2.

5. Repeat question for question 1.

8 0

1 year ago

Three years ago, the U.S. dollar/euro exchange was 1.32 USD/EUR. Over the last three years, the price level in the United States

jeyben [28]

Answer:

A. increased, and Eurozone goods are now more expensive to U.S. customers

Explanation:

The exchange rate represents a link between domestic prices and foreign prices, so Three years ago, Price in the Eurozone was:

P1 (US)= 1.32 USD / EUR * P1 (Eurozone)

Now, after three years of inflation, the new prices are

P2 (US)= 1.18* P1 (US)

P2 (EUROZONE) = 1.12 *P1 (EUROZONE)

So, if we replace in the equation =

P2 (US)/1.18 = 1.32 * P2 ( EUROZONE)/1.12

P2 (US) = (1.32 * 1.18)/1.12 *P2 (EUROZONE)

P2 (US) = 1.39 P2 (EUROZONE)

As we can see, the teorical exchange rate should be 1.39 but we have a REAL exchange rate of 1.4, which is greater, the prices are now more expensive to US customers

6 0

1 year ago