answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dexar [7]
2 years ago
15

Joan has 40 employees and produces 800 units of output; when she adds one more employee to her construction company. The total o

utputs from all employee is 820, . After adding this employee, Joan's production plan's average product equals to marginal product.___________
Business
1 answer:
Leto [7]2 years ago
5 0

Answer: The average product equals to marginal product at 20.

Explanation:

Number of employees = 41

total output = 820

Average product = 820 / 41 = 20

Now, Find marginal product,

Marginal product =  Change in output / Change in input.

= (820 - 800) / (41 - 40)

= 20 / 1

= 20

You might be interested in
Activity-Based Costing for a Service Business Sterling Hotel uses activity-based costing to determine the cost of servicing cust
Tatiana [17]

Answer:

Total allocated cost= $146.4

Explanation:

Giving the following information:

Julie Stone visited the hotel for a 6-night stay.

Julie had 3 meals in the hotel during the visit.

guest check-in= $8.40 per guest check-in

room cleaning= $21.00 per room cleaning

meal service= $4.00 per served meal

<u>To allocate costs based on the activity, we need to use the following formula:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

guest check-in= 8.40*1= 8.4

room cleaning= 21.00*6= 126

meal service= 4.00*3= 12

Total allocated cost= $146.4

3 0
1 year ago
To raise operating funds, National Distribution Center sold its office building to an insurance company on January 1, 2018, for
storchak [24]

Answer:

Equipment 716,072.53 debit

  Lease payable   716,072.53 credit

interest expense 64,446.53 debit

   lease payable      64,446.53 credit

Explanation:

We record the lease payment present value:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 100,000.00

time 12

rate 0.09

100000 \times \frac{1-(1+0.09)^{-12} }{0.09} = PV\\

PV $716,072.5277

Now we solve for the interest accrued during the year

716,072.53 x 0.09 = 64.446,53

4 0
2 years ago
Keenan has won the lottery for $10,000,000. He is offered a cash payment now of $7,500,000, or 10 annual payments of $1,000,000.
Katarina [22]

Answer:

a) 5,6%

b)$16 191 937.48

Explanation:

Download docx
7 0
2 years ago
As a student Shayla enjoys consuming alphabet soup which is considered an inferior good. After Shayla graduates from college she
evablogger [386]

Answer:

it will most likely decrease.

Explanation:

An inferior good is an economic definition for a good which demand drops when income rises. In this case, as Shayla's income increases, her demand for alphabet soup decreases. If the rise in income is big enough, the consumption can decrease to zero.

3 0
2 years ago
Suppose that an inventor discovers a new chemical compound that can change the color of a person's eyes with no negative side ef
pentagon [3]

Answer:

d) The inventor should produce all the units for which marginal revenue equals or exceeds marginal cost.

Explanation:

The inventor has a new and innovative product that can change the color of a person's eyes with no negative side effects.

She now has a monopoly in the market. To maximise her profits she needs to set price of the product so marginal revenue is equal to or greater than the marginal cost.

Marginal revenue is the additional income earned per unit produced, while marginal cost is the additional cost incurred with extra unit produced.

When MR is equal to MC the business breaks even, and when MR is greater than MC the business is making profit.

8 0
2 years ago
Other questions:
  • An account with a financial institution used to pay taxes and insurance is called _____
    6·2 answers
  • The key characteristic of organizational culture that addresses the degree to which people exhibit integrity and high ethical st
    10·1 answer
  • In 1954, the state governor of Mississippi publicly rejected the court-ordered desegregation of the University of Mississippi on
    8·1 answer
  • A partial listing of costs incurred at Archut Corporation during September appears below:Direct materials $ 113,000Utilities, fa
    12·1 answer
  • A day care program frequently has a few parents picking up their children late. In an attempt to curb this, the daycare decides
    10·2 answers
  • A company has an opening stock of 6,000 units of output. The production planned for the current period is 24,000 units and expec
    6·1 answer
  • In which of the following situations would a delegation of contractual duties be allowed? Multiple Choice A painter hired to pai
    9·1 answer
  • Internal rate of return method The internal rate of return method is used by Testerman Construction Co. in analyzing a capital e
    14·1 answer
  • Do you think that MTV's future lies mostly in its international operations?
    5·1 answer
  • Lion Management Services is considering an investment of $75,000. Data related to the investment are as follows:
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!