At september 1, the balance sheet accounts for stanley's restaurant were as follows: $ 3,800 accounts payable 9,600 accounts rec
eivable 68,000 buildings 10,000 cash 18,700 equipment 33,000 land ??? owner's capital 48,000 notes payable 6,600 supplies calculate the owner's capital at september 1, 2016
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Answer:
Check the explanation
Explanation:
Labor Input is an indicator the pointer characterizing the labor expressed expenditure in man-hours on a production of a particular consumer value or on a technical operation.
Total product is the total amount of output that a firm produces; it is usually stipulated in relation to a variable input.
Marginal Product is the physical efficiency or productive ability of an input in the change in output which results from employing one more unit of a particular input, presumptuous that the amounts of other inputs are kept constant.
Average Product is the amount of the overall output that was being produced per unit of a variable input, holding all other inputs at a constant rate.
The graphical solution to the question above can be seen in the attached image below.
