b. at the end of the day, first bank has $14 million of reserves. will first bank be a borrower or lender in the federal funds market?
Answers
First Bank will be a borrower in the federal funds market. A reserve is a sum of retained earnings that a corporation has set aside to bolster its financial position, pay off debt and credit, purchase fixed assets, expand the business, and fund other activities.
These are typically carried out to prevent the money from being utilised for other things. There are no legal limitations on reserve funds, so the business is free to use them anyway it sees fit.
Accounting reserves are used to inform investors that a specific portion of money should not be utilised for dividends or share buybacks. Reserves are used to pay bonuses, pay debts, settle legal responsibilities, buy assets, and grow. For instance, a company might desire to set aside funds to pay for the acquisition of a new office. They debit the retained earnings account for £1 million and credit the Office Reserve fund for the same sum. The original reserve entry should be reversed once the transaction is complete, with £1 million being debited from the Office Reserve fund and $1 million being added to the Retained Earnings account.
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Related Questions
which criticism is aimed toward university presses? a they produce mostly obscure books that only a handful of scholars read. b they focus on publishing only blockbuster books. c their alliances with commercial houses have driven up costs. d they don’t contribute to professors’ chances for tenure.
Answers
The criticism aimed towards the university presses is that they produce mostly obscure books that only a handful of scholars read.
A university press is an associate degree academic publishing house specializing in monographs and academic journals. Most are nonprofit organizations[citation needed] and an integral part of a large research university. They publish work that has been reviewed by students within the field. They manufacture primarily academic works however also usually have trade books for a lay audience. These trade books also get peer-reviewed.
Because scholarly books are principally unprofitable, university presses may publish textbooks and reference works, that tend to own larger audiences and sell additional copies. Most university presses operate at a loss and are backed by their owners; others are needed to interrupt even. Demand has fallen as library budgets are cut and the online sales of used books undercut the new book market. several presses are experimenting with electronic commercial enterprise
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D. Short answer questions:
a. Compare the monopoly’s price and quantity with that of a
perfectly competitive firm’s. Which is better for the consumer?
b. How can government regulation of a monopoly increase the
allocative efficiency of the monopoly?
Answers
Answer:
Explanation:
a. Monopoly has no competition so it can charge a higher price and produce less quantity when compared to a perfectly competition. For a consumer, perfectly competition which provides more goods at a lower price is better.
b. Due to lack of competition, monopoly does not have to be efficient in its resource allocation. To increase the allocative efficiency, the government can pass regulation to limit price charged and increase quantities of goods produced by the monopoly.
Answer:
Explanation:
compared 2 perfectly competitive firms, monopoly charges higher price and produces less quantity.
perfectly competitive firms are better for consumer
govt regulation can increase monopoly's efficiency by putting restriction on price n requiring quantity of goods produced.
Warner Company’s year-end unadjusted trial balance shows accounts receivable of $116,000, allowance for doubtful accounts of $770 (credit), and sales of $450,000. Uncollectibles are estimated to be 1% of sales. Prepare the December 31 year-end adjusting entry for uncollectibles
Answers
On December 31, Warner Company must make an adjusting entry to account for uncollectibles.
Prepare the December 31 year-end adjusting entry for uncollectibles?Debit Allowance for Doubtful Accounts for $4,500Credit Accounts Receivable for $4,500On December 31, Warner Company must make an adjusting entry to account for uncollectibles.Uncollectibles are estimated to be 1% of sales, or $4,500 ($450,000 x 0.01). The adjusting entry would be to debit Uncollectible Accounts Expense for $4,500 and credit Allowance for Doubtful Accounts for $4,500.This will increase Uncollectible Accounts Expense and reduce Allowance for Doubtful Accounts, thus decreasing Accounts Receivable by the same amount.After making this adjusting entry, the Accounts Receivable balance would be $111,500 ($116,000 - $4,500), the Allowance for Doubtful Accounts balance would be $4,270 ($770 + $4,500), and the Uncollectible Accounts Expense balance would be $4,500.To learn more about Debit Allowance for Doubtful Accounts refer to:
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What are 3 consequences of having low credit when trying to buy a car or home?
Answers
When someone has a low credit score at the time of buying a car or a home, the credit facility for such purchase will be offered by any bank to such person with higher interest rates, affect his credit score further and will also lead to rejection of application for such loan.
What are the effects of a low credit score?When a credit score is low, the creditability of such person is also lowered in the market and the financial institutions do not offer attractive terms of credit to such person.
When a person who tries to buy a house or a car with a lower credit score, the effects and consequences of the same will be;
Banks will charge higher interest rates on the loan or advance offered. The period of loan or advance will be lesser. In worse case scenario, banks will reject his loan application.Hence, it can be stated that having a low credit score when purchasing a car or a home will lead to the consequences as aforementioned.
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Bonnie made the final payment to Big Bank on the 30-year mortgage loan she had on her home. Shortly thereafter Big Bank, to prove that the mortgage has been paid, filed a satisfaction of a mortgage with ________.
Answers
Because she had repaid the mortgage fully, the Big Bank filed a satisfaction of a mortgage with Bonnie to discharge her lien.
What is a satisfaction of mortgage?This refers to a document that serves as evidence the debtor has paid the mortgage in full and also releases the lien associated with the loan from your property and transferring the title to them.
Hence, because she had repaid the mortgage fully, the Big Bank filed a satisfaction of a mortgage with Bonnie to discharge her lien.
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Sam is getting his bachelor's degree. During some of his course work, he honed his research skills and learned to
exhibit confidence while presenting to an audience. Which career has Sam most likely been preparing for?
Answers
The correct answer is Journalism
Explanation:
Journalism is one of the careers that most require the use of communicative and research skills. This is because journalists are expected to gather information about important local, national and global events, which requires the use of research skills, and later they are expected to communicate the information precisely, concisely, and confidently, which requires the use of communicative skills. In this context, the career Sam is preparing for is journalism because this is the only one from the options that would require Sam to research and then communicate information confidently.
Answer:
D. Journalism
Explanation:
the journal entry to issue 2,000,000 shares of $10 par common stock for $14 per share on july 2 would be
Answers
In exchange for $28 million in cash, we issued 2,000,000 shares of $10 par common stock on July 2 at a price of $14 per share. The journal entry would show a debit of $28 million to Cash, a credit of $20 million to Common Stock, and a credit of $8 million to Paid-In Capital in Excess of Par.
A debit of $28 million for cash, which represents the inflow of cash, and a credit of $20 million for common stock, which represents the par value of the issued shares, would be included in the journal entry for the issuance of 2,000,000 shares of $10 par common stock at a price of $14 per share in exchange for $28 million in cash. The difference of $4 per share, which results from the issue price of $14 per share exceeding the par value of $10 per share, reflects additional paid-in capital. To reflect the $8 million difference between the issue price and par value per share, the entry would additionally contain a credit to Paid-In Capital in Excess of Par.
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Assume that a 10 percent increase in income across the economy produces a 7 percent increase in the quantity demanded of good x. the coefficient of income elasticity of demand is:_______
Answers
Demand elasticity's coefficient is positive. Additionally, if the elasticity is positive, then rising prices will result in rising demand for the goods in question.
Formula
Elasticity of Demand = % Change in Quantity/ %Change in price
The elasticity of Demand = 7%/10%
∴ Value of Coefficient = +0.7
What is the Elasticity of demand?
Elasticity is a measurement of how sensitive one variable is to changes in another. The price fluctuation, which is influenced by various factors, is this sensitivity. It serves as a gauge for how susceptible one economic component is to another from a business and economic perspective.
For instance, adjustments to supply or demand in terms of prices, or adjustments to demand in terms of adjustments to income. Electronics and clothing are examples of elastic products, whereas food and prescription drugs are examples of inelastic products. When prices for certain goods and services fluctuate, it is used to gauge how much demand has changed for those items.
According to the definition of demand elasticity, demand shrinks or grows in response to price increases or decreases. When a product's virtue and price vary simultaneously, this attribute of demand is referred to as elastic demand (low or high). In the case of demand elasticity, the change sensitivity may be minimal or negligible.
Thus, the Elasticity of demand indicates the demand and substitutes for the product.
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What are two ways depository institutions keep your money safe?
Answers
The FDIC promises that customers will receive their savings back up to a predetermined amount in the rare event of a bank failure. The current cap for a single account is $250,000 per account. In order to stop hackers from emptying accounts with fraudulent activities, banks also employ sophisticated fraud detection systems.
Savings accounts are a secure location to keep your money because the FDIC for bank accounts and the NCUA for credit union accounts both guarantee all deposits made by customers. In the United States, there are three main categories of depository organizations. These include credit unions, commercial banks, and thrifts (which also include savings and loan organizations and savings banks).
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Consider a risky asset with the following string of rates of returns in the previous 5 years. 5 years ago it returned -10%, 4 years ago -20%, 3 years ago 30%, 2 years ago 0%, and 1 year ago 5%. In addition, there is a safe asset with a constant rate of return of 1% in each year. For the risky asset please compute and provide your computations:
a. Arithmetic average of returns and returns' standard deviation (10 points).
b. Geometric average of returns (5 points).
c. Excess returns in each year and risk premium (10 points).
d. Sharpe ratio
Answers
To calculate the requested metrics for the risky asset, let's perform the necessary calculations:
a. Arithmetic average of returns and returns' standard deviation:
Year 1: -10%
Year 2: -20%
Year 3: 30%
Year 4: 0%
Year 5: 5%
Arithmetic average of returns:
(-10% - 20% + 30% + 0% + 5%) / 5 = 1%
To calculate the returns' standard deviation, we'll use the formula:
Standard deviation = √[ Σ (Ri - R_avg)^2 / (n - 1) ]
where Ri is the return in each year, R_avg is the arithmetic average of returns, and n is the number of observations.
Standard deviation = √[ (-10% - 1%)^2 + (-20% - 1%)^2 + (30% - 1%)^2 + (0% - 1%)^2 + (5% - 1%)^2 / (5 - 1) ]
Standard deviation ≈ 16.13%
b. Geometric average of returns:
Geometric average of returns = [(1 + (-10%) / 100) * (1 + (-20%) / 100) * (1 + 30% / 100) * (1 + 0% / 100) * (1 + 5% / 100)]^(1/5) - 1
Geometric average of returns ≈ 0.7152%
c. Excess returns in each year and risk premium:
The excess return in each year is the return of the risky asset minus the return of the safe asset (1%).
Year 1: -10% - 1% = -11%
Year 2: -20% - 1% = -21%
Year 3: 30% - 1% = 29%
Year 4: 0% - 1% = -1%
Year 5: 5% - 1% = 4%
Risk premium is the average of excess returns:
Risk premium = (−11% - 21% + 29% - 1% + 4%) / 5 ≈ 0.2%
d. Sharpe ratio:
The Sharpe ratio measures the risk-adjusted return of an investment and is calculated by dividing the excess return by the standard deviation of returns.
Sharpe ratio = Risk premium / Standard deviation ≈ 0.2% / 16.13% ≈ 0.0124
Therefore, the Sharpe ratio is approximately 0.0124.
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If a shortage exists in the car market, then the current price must be than the equilibrium price. For the market to reach equilibrium, you would expect.
Answers
If a shortage exists in the car market, then the current price must be lower than the equilibrium price. For the market to reach equilibrium, you would expect buyers to pay higher prices.
What is equilibrium price?Market supply and demand must balance one another to reach equilibrium, which leads to stable pricing.
In general, when there is an abundance of products or services, prices decline, which increases demand, but when there is a scarcity, prices rise, which decreases demand.
The consumer cost associated with a good or service when supply and demand are equal or nearly equal is referred to as the equilibrium price, also known as the market-clearing price. T
he producer or vendor may sell as many units as they like, and the buyer may access as many units as they choose to purchase.
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If a shortage exists in the car market, then the current price must be lower than the equilibrium price. For the market to reach equilibrium, you would expect buyers to pay higher prices.
What is equilibrium price?Market supply and demand must balance one another to reach equilibrium, which leads to stable pricing.
In general, when there is an abundance of products or services, prices decline, which increases demand, but when there is a scarcity, prices rise, which decreases demand.
The consumer cost associated with a good or service when supply and demand are equal or nearly equal is referred to as the equilibrium price, also known as the market-clearing price. T
The producer or vendor may sell as many units as they like, and the buyer may access as many units as they choose to purchase.
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help!
A way to establish a good credit record is to:
A) Borrow to the maximum individual credit limit
B) Pay bills when they are due
C. Use credit as little as possible or not at all
D) Use credit when income is unreliable
Explain why?
Answers
Answer:
B) Pay bills when they are due.
Explanation:
A loan can be defined as an amount of money that is being borrowed from a lender and it is expected to be paid back at an agreed date with interest.
Generally, the financial institution such as a bank lending out the sum of money usually requires that borrower provides a collateral which would be taken over in the event that the borrower defaults (fails) in the repayment of the loan.
A credit score can be defined as a numerical expression between 300 - 850 that represents an individual's financial history and credit worthiness. Therefore, a credit score determines the ability of a borrower to obtain a loan from a lender.
This ultimately implies that, the higher your credit score, the higher and better it is to obtain a loan from a potential lender. A credit score ranging from 670 to 739 is considered to be a good credit score while a credit score of 740 to 799 is better and a credit score of 800 to 850 is considered to be excellent.
Generally, it's recommended that loans or bills are paid on a timely basis or as at when due in order to obtain a good credit score.
Hence, a way to establish a good credit record (score) is to pay bills when they are due.
It's time to think like a manager. Corporate social responsibility is wonderful, though often criticized as purely rhetorical and laden with subtle profit goals. How can a manger emphasize genuineness of corporate social responsibilities and activities in society?
Answers
The correct answer to this open question is the following.
It's time to think like a manager. And more importantly, it is time to act like a manager and became a true leader.
Corporate social responsibility is wonderful, though often criticized as purely rhetorical and laden with subtle profit goals. That is why is so important that a manager could emphasize genuinely that corporate social responsibilities are a priority for the organization.
One good way to prove that and stop critics is to establish a series of programs and actions that benefit the environment and the community and that could be evaluated by the members of the society.
This includes mass media. Yes, the company has to open its doors and be willing and able to show the results of these programs. If the company has nothing to hide, it will have no problem to show its work and be proud of the monetary results as well as the social responsibility results that benefit the community.
how old do you have to be to work at lululemon
Answers
Answer:
The minium age requirement to work there is 18
11
Which of the following is the term used to describe activities falling outside of the normal, required curriculum of school?
O Extraneous activities
extracurricular activities
supplementary activities
copious activities
Answers
why does the amount of interest you owe decrease every month?
Answers
Answer:
The outstanding principle is less
Explanation:
Answer:the overall balance decreases
Explanation: because you have to pay less interest over time because you are paying money to them
Whenever a customer's check
bounces, what account is credited?
A. Cash Equivalents
B. Accounts Receivable
C. Checks
D. Cash
Answers
This is the right answer
which of the following best describes covered interest arbitrage? using forward contracts to mitigate default risk, while attempting to capitalize on equal interest rates across countries using forward contracts to mitigate exchange rate risk, while attempting to capitalize on higher interest rates in a particular country using forward contracts to mitigate default risk, while attempting to capitalize on higher interest rates in a particular country using forward contracts to mitigate interest rate risk, while attempting to capitalize on equal interest rates across countries
Answers
Covered interest arbitrage uses forward contracts to mitigate exchange rate risk and capitalize on higher interest rates in a country.
Covered revenue exchange includes utilizing forward agreements to relieve swapping scale risk while endeavoring to gain by higher loan fees in a specific country. The cycle includes getting cash in a country with a lower loan cost, switching it over completely to the money of a country with a higher loan fee, and putting it in that country to procure a higher pace of return.
The financial backer will then, at that point, utilize a forward agreement to sell the higher financing cost money forward and repurchase the first cash to reimburse the credit. This methodology is "covered" in light of the fact that the financial backer is utilizing a forward agreement to support against conversion scale risk.
Thusly, they can secure in a benefit without facing huge gamble. Different choices recorded don't precisely portray covered revenue exchange as they either center around default hazard or equivalent loan costs, which are not the essential contemplations for this technique.
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When will the Mini Toolbar appear?
when you type text
when you press the Delete key
when you select text
when you first open a file
Answers
Answer:
It is C on edge 2021
Explanation:
Answer:
(c) when you select text
Explanation:
The tool bar appears when you select text to provideoptions depending on what you would like to do with the text.
Allison would like to find all records that are in stock. In her database, she has a field named "in stock." When the item is in stock, a "yes" appears. What should Allison do?
Conduct a query and set the criteria as =yes.
Conduct a query and set the criteria to >2.
Locate each record and check each one.
Sort the records in ascending order by item number.
Answers
Answer: she should conduct a query and set the criteria to >2
Explanation:
Don’t know this but I tried I am only in 9th grade
list three ways you can find jobs in the hidden job market
Answers
Answer:
get active on social media use flex jobs and go to conferences
Answer:
networking, direct contact, and research.
Explanation:
edge 2021 ;)
If in the short run, firms in monopolistic competition _________, new firms will enter the market.
Answers
If in the short run, firms in monopolistic competition make an economic profit, new firms will enter the market.
A firm is a for-profit business organization—such as a company, limited liability company (LLC), or partnership—that provides skilled services. Most companies have only 1 location.
Companies during a monopolistic competition build economic profits within the short run, however within the long-standing time, they create zero economic profit. The latter is additionally a result of the liberty of entry and exit within the trade. Restaurants, hair salons, home items, and clothing are examples of industries with monopolistic competition.
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Marla is a buyer at a major corporation. Although she is authorized to make purchasing decisions on her own, she often seeks the input of trusted colleagues before settling on a decision. What type of buying center does Marla participate in
Answers
Answer:
Consultative
Explanation:
I did this question
assume country q and country p can produce only two goods: gadgets and widgets. country q has an absolute advantage in widgets and a comparative advantage in gadgets. assume each country has constant opportunity costs of production. country p must have
Answers
Country Q having an absolute advantage in widgets means that it can produce widgets more efficiently than country P. Similarly, country Q having a comparative advantage in gadgets means that it can produce gadgets at a lower opportunity cost compared to country P.
Constant opportunity costs of production means that the trade-off between producing one good over another remains the same regardless of the quantity produced.
Given these assumptions, country P must have a comparative advantage in widgets. This is because country Q already has an absolute advantage in producing widgets. In order for country P to specialize in the good it has a comparative advantage in, it should focus on producing widgets.
By specializing in widgets, country P can maximize its production efficiency and output. Country Q, on the other hand, should focus on producing gadgets, as it has a comparative advantage in this area.
By specializing in the goods they have a comparative advantage in, both countries can benefit from trade. They can exchange their surplus goods with each other, leading to increased overall production and higher economic welfare for both countries.
In summary, given the assumptions provided, country P must have a comparative advantage in widgets. By specializing in widgets and trading with country Q, both countries can benefit and increase their overall production.
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Answer:
a comparative advantage in widgets
Explanation:
Set a graph that meets the question for example:
G | W
Country Q | 5 | 10
Country P | 3 | 9
G for Gadget & W for Widget
Country Q: 1G=2W; 1W=1/2G
Country P: 1G=3W; 1W=1/3G
The graph demonstrated that Country P has a comparative advantage in widgets.
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On December 31 of the current year, Plunkett Company reported an ending inventory balance of $215,000. The following additional information is also available:Plunkett sold and shipped goods costing $38,000 to Savannah Enterprises on December 28 with shipping terms of FOB shipping point. The goods were not included in the ending inventory amount of $215,000.Plunkett purchased goods costing $44,000 on December 29. The goods were shipped FOB destination and were received by Plunkett on January 2 of the following year. The shipment was a rush order that was supposed to arrive by December 31. These goods were included in the ending inventory balance of $215,000.Plunkett's ending inventory balance of $215,000 included $15,000 of goods being held on consignment from Carole Company. (Plunkett Company is the consignee.)Plunkett's ending inventory balance of $215,000 did not include goods costing $95,000 that were shipped to Plunkett on December 27 with shipping terms of FOB destination and were still in transit at year-end.Based on the above information, the amount that Plunkett should report in ending inventory on December 31 is:_____________A. $194,000B. $209,000C. $200,000D. $171,000E. $156,000
Answers
The amount that Plunkett should report in ending inventory on December 31 is: E. $156,000.
Ending inventoryUsing this formula
Ending inventory= Ending inventory balance - FOB destination goods purchased - Goods being held on consignment
Let plug in the formula
Ending inventory= $215,000 - $44,000 - $15,000
Ending inventory= $156,000
Therefore the correct option is E.
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consists of concepts, strategies, and principles that guide an organization’s technology choices and the manner in which the organization integrates and manages these choices. group of answer choices it infrastructure it integration it architecture it platforms
Answers
Infrastructure is the organization integrates and manages these choices. The importance of infrastructure systems to a nation's economic growth and prosperity is emphasized. The electromagnetic telegraph, principal roadways, canals, har-bors, and do-cks, as well as drainage systems, d-ikes, and land reclamation, are examples of basic infrastructure.
It consists principal of the more well-known and typical infrastructure elements that we encounter on a regular basis. Our parks and waste facilities are only a few examples of the infrastructure that makes up our roadways, transit systems, water pipes, and water treatment facilities. The majority of people rarely consider organization infrastructure unless, of course, it is broken.
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Introduction: Match the type of business organization with one of its features.
Sole proprietorship
Is the most common form of business
organization in the United States
Franchise
Can be the most complicated and the
most expensive type of organization
Corporation
Requires a fee to be paid to a parent
company for a business plan
Partnership
Includes two or more owners who are
liable for any business debt
Cooperative
Is an organization in which member
owners market their products together
Answers
Answer: :)
Explanation:
Edge 2020
A business organization is termed as an organization that works for the accomplishment of economic activities. Economic activities include the exchange of goods and services and maintaining the records of the transactions.
The match to type of organization:
Sole proprietorship: Is the most common form of business organization in the United States.
Franchise: Requires a fee to be paid to a parent company for a business plan.
Corporation: Can be the most complicated and the most expensive type of organization.
Partnership: Includes two or more owners who are liable for any business debt.
Cooperative: Is an organization in which member owners market their products together.
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Why are file naming conventions essential?
A. So that data entry workers do not have to learn new systems with
every new position.
B. To make it easy to copy files for backup storage.
C. So that companies can easily share files with other companies.
D. Without everyone using the same system, it would be impossible
to know locate folders or files.
Answers
Answer:
D. Without everyone using the same system, it would be impossible
to know locate folders or files.
Explanation:
Creating contacts with people and professionals who can help you obtain advancement in your career is known as.
Answers
Creating contacts with people and professionals who can help you obtain advancement in your career is known as career networking.
What is Career networking?This can be described as the situation where a person would choose to use professional or personal contacts to help advance their careers, get jobs, learn more about a field and also get jobs.
Networking is a very good way of getting to learn more about a company that a person would love to work in.
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the increase in output obtained by hiring an additional worker is known as: group of answer choices the average product. the marginal product. the total product. value subtracted
Answers
The marginal product is the increase in output that results from adding a new employee. The extra output that occurs from adding one more unit of a variable input, such labour, is known as marginal product.
It illustrates how the level of a variable input, such as the number of workers, changes the total output, also known as the total product. The productivity of a new employee can be evaluated using the marginal product, which can also be used to guide decisions regarding recruiting new employees. The average product, on the other hand, is calculated by dividing the total output by the quantity of the variable input, in this case, the number of employees.The marginal product is the increase in output that results from adding a new employee. The extra output that occurs from adding one more unit of a variable input, such labour, is known as marginal product. It illustrates how the level of a variable input, such as the number of workers, changes the total output, also known as the total product. The productivity of a new employee can be evaluated using the marginal product, which can also be used to guide decisions regarding recruiting new employees. The average product, on the other hand, is calculated by dividing the total output by the quantity of the variable input, in this case, the number of employees. It serves as a proxy for the typical output produced by a worker and can be used to assess overall productivity. The total output of a business or sector is known as the total product. Value removed has nothing to do with this idea.
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