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DanielleElmas [232]
1 year ago
14

Explain why marginal product first rises, then declines, and ultimately becomes negative. What bearing does the law of diminishi

ng returns have on short-run costs? Be specific. "When marginal product is rising, marginal cost is falling. And when marginal product is diminishing, marginal cost is rising." Explain.
Business
1 answer:
motikmotik1 year ago
4 0

Answer:

Marginal product changes as more workers are added.

Explanation:

Marginal product first rises because the fixed capital gets utilized more as more workers are added. Each additional labor contributes more to output than the past laborer. As still more work is included, the theory of law of diminishing hold. Work turns out to be abundant compared to fixed affect and Marginal product falls. Likewise, total output declines, if more labor is added.

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Nordstrom employees know exactly what is expected of them. The​ company's core values are so widely held and shared that they pr
Ilya [14]

Answer:

Strong culture

Explanation:

A strong culture can be described as the various values, practices and techniques that greatly effects the employees behaviour.

The presence of a strong culture in an organization enables the employees and management to know what is expected of them to maintain the smooth running of the organisation.

Nordstorm employees know what is expected of them in the company, they know what procedures to follow at each time to ensure that the business moves in the right direction.

6 0
2 years ago
Read 2 more answers
Josh wants to convey his best wishes to Jonathan for a meeting scheduled later during the day. Which business document would be
Luba_88 [7]
To convey his best wishes to Jonathan for a meeting scheduled later in the day, the business document that would be most appropriate in this scenario would be an email.
3 0
2 years ago
Read 2 more answers
Depreciation Methods On January 2, 2018, Skyler, Inc. purchased a laser cutting machine to be used in the fabrication of a part
Studentka2010 [4]

Answer:

Part A  

1. Straight-line.    

Year   Depreciation expenses ($)  

2018  228,750  

2019  228,750  

2020  228,750  

2021  228,750  

2. Double-declining balance.  

Year   Depreciation expenses ($)  

2018  460,000  

2019  230,000  

2020  115,000  

2021  110,000  

3. Units-of-production. (Assume annual production in cuttings of 200,000; 350,000; 260,000; and 110,000.)    

Year   Depreciation expenses ($)  

2018  198,913  

2019  348,098  

2020  258,587  

2021  109,402  

Part B  

1. Straight-line.    

Year   Depreciation expenses ($)  

2018  114,375  

2019  228,750  

2020  228,750  

2021  228,750  

2022  114,375  

2. Double-declining balance.  

Year   Depreciation expenses ($)  

2018  230,000  

2019  345,000  

2020  172,500  

2021  86,250  

2022  81,250  

3. Units-of-production. (Assume annual production in cuttings of 200,000; 350,000; 260,000; and 110,000.)    

Year   Depreciation expenses ($)  

2018  99,457  

2019  273,505  

2020  303,342  

2021  183,995  

2022  54,701  

Explanation:

Note: See the calculation in the attached excel file.

Download xlsx
8 0
2 years ago
Read 2 more answers
You are considering two independent projects. Project A has an initial cost of $125,000 and cash inflows of $46,000, $79,000, an
Harrizon [31]

Answer:

b. Accept Project A and reject Project B.

Explanation:

To verify project viability at a required return rate of 16%, simply calculate the project's net present value at a rate of 16%. If the NPV is positive, then the project should be accepted, otherwise it should be rejected.

Project A:

NPV = -\$125,000 +\frac{\$46,000}{(1+0.16)} +\frac{\$79,000}{(1+0.16)^2} +\frac{\$51,000}{(1+0.16)^3}\\NPV =\$6,038.58

Project A should be accepted.

Project B:

NPV = -\$135,000 +\frac{\$50,000}{(1+0.16)} +\frac{\$30,000}{(1+0.16)^2} +\frac{\$100,000}{(1+0.16)^3}\\NPV =-\$5,535.89

Project B should be rejected.

6 0
2 years ago
You lost $65,000 out of your original $105,000 investment. What percentage of your initial investment was lost?
cestrela7 [59]

Answer:

The answer is 62% (B)

Explanation:

The easiest way to answer this is by simply doing $65,000 divided by $105,000. You'll get 61.9 but if you round it, you get 62% and that's how you get the answer.

Also, I just got this question and I got it correct.

Hope this helps!!

6 0
2 years ago
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