In the short run, assume diminishing marginal product of labor sets in with the hiring of the second worker.Which of the following will remain constant as a firm produces more output?A. Average product of laborB. Total costC. Total fixed costD Total variable costE. Marginal cost

Answers

Answer 1

In the short run, assume diminishing marginal product of labor sets in with the hiring of the second worker, then the Fixed cost will remains constant.

What is the diminishing marginal product?

The concept of diminishing marginal productivity states that increasing the amount of some inputs (variable inputs) during the production period while keeping other inputs constant (fixed inputs) will eventually lead to decreased productivity.

In the short run, assume that the hiring of the second worker results in diminishing marginal product of labor, and the fixed cost remains constant.

Therefore, option C is correct.

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Related Questions

Discuss the reasons why a firm should hedge. If a firm uses futures contracts to construct a hedge, what particular concerns should the firm address?

Answers

A firm should hedge to mitigate the risk of adverse price movements in the market.

By hedging, a firm can secure a fixed price for its products or inputs and protect its profitability. Additionally, hedging can improve a firm's financial stability, increase investor confidence, and allow for better planning and budgeting. If a firm uses futures contracts to construct a hedge, it should address several concerns.

These include understanding the contract specifications and settlement procedures, monitoring the market to ensure the hedge remains effective, and managing margin requirements and potential losses. The firm should also consider the counterparty risk associated with the futures exchange and develop a risk management strategy for any unforeseen events that could impact the hedge.

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Baako Ltd purchase motor vehicle as follows date 01/01/13 800,000$,01/01/13 400,000$,01/04/15 600,000. The company adopts straight line method of depreciation at the rate 10% per annum from the date of purchase separate account is prepared for provision for depreciation. On 30th June, 2014 the motor vehicle which was purchase on 1st July was sold for 24,000$. You are required to prepare (a) motor vehicle account for the years 2013,2014 and 2015. (b) motor vehicle disposal account.​

Answers

Baako Ltd purchase motor vehicle as follows date 01/01/13 800,000$,01/01/13 400,000$,01/04/15 600,000. The company adopts straight line method of depreciation at the rate 10% per annum from the date of purchase separate account is prepared for provision for depreciation. On 30th June, 2014 the motor vehicle which was purchase on 1st July was sold for 24,000$. You are required to prepare (a) motor vehicle account for the years 2013,2014 and 2015. (b) motor vehicle disposal account.

When both parties entering into a contract are mistaken about an existing fact relating to the agreement, __________.

Answers

When both parties entering into a contract are mistaken about an existing fact relating to the agreement, the contract may be voidable or unenforceable based on the principle of mutual mistake.

Mutual mistake occurs when both parties share the same misunderstanding or erroneous belief regarding a fundamental fact that is essential to the contract. This means that both parties are unaware of the true state of affairs and are mistaken about a specific fact that directly impacts the terms of the agreement.

In such cases, the contract may be considered voidable, meaning that the mistaken party has the option to rescind or cancel the contract. The rationale behind this is that the parties did not have a meeting of minds or a genuine consensus due to the shared misunderstanding. If a contract is voidable due to mutual mistake, the mistaken party has the right to seek remedies such as rescission, restitution, or reformation.

However, not all mistakes will render a contract voidable. The mistake must be material and pertain to a fact that is considered essential to the agreement. Additionally, if one party knowingly took advantage of the other party's mistake or caused the mistake, it may affect the outcome and potential remedies available.

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During January, Ajax Co. Incurs 1,850 hours of direct labor at an hourly cost of $11.80 in producing 1,000 units of its finished product. Ajax standard labor cost per unit of output is $22 (2 hours x $11.00). Compute the total, price, and quantity labor variances for Ajax Co. For January. Identify whether the variance is favorable or unfavorable?

Answers

Answer:

Std rate per hour: 11.00    

Std hours = 1000*2 =2000    

Actual hours = 1850      

Actual rate = 11.80

   

Labor cost variance = Std cost - Actual cost    

Labor cost variance  = (2000*11) - (1850*11.80)

Labor cost variance = 170 Unfavorable

Labor rate variance = Actual hrs (Std rate - Actual rate)  

Labor rate variance = 1850 *(11-11.80)

Labor rate variance = 1480 Unfavorable

Labor qty variance = Std rate (Std hrs-Actual hrs)  

Labor qty variance = 11 (2000-1850)

Labor qty variance = 1650 Favorable.

in a job interview, amanda tells the hiring manager that she is eager to learn and passionate about the work the company does. which personality test trait does this showcase?
a. respect
b. enthusiasm
c. confidence
d. friendliness

Answers

Answer:enthusiasm

Explanation:

The personality test trait this showcase is enthusiasm. Thus the correct option is B.

What is a Job interview?

A job interview is referred to as an assessment technique used to evaluate the capabilities of an individual related to a particular job position. In a Job interview, a set of questions is asked by the employer to analyze the strength of an individual.

In the example presented, it is noted that Amanda informs the hiring manager during a job interview that she is eager to learn and enthusiastic about the work the company does.

Tests of practical techniques known as trait assessments are used to evaluate a person's personality and identify their personality traits.

In the given case, the personality test trait she is showing is enthusiasm as it reflects her excitement and interest to join the company. She portrays her thoughts to the hiring manager.

Therefore, option B is appropriate.

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TRUE OR FALSE: A mathematics professor at a university would fall under both the Education and Training career cluster and the STEM career cluster.

Answers

Answer is : True
Explanation: none

which propaganda technique is being used in the following statement? ""the cure-all competitor is not qualified to be pain medication because it lacks the needed ingredients.

Answers

The propaganda technique that is employed in the statement is "Name-Calling Propaganda."

"Name-Calling Propaganda involves the propaganda technique of putting the competitor down by giving the brand a name. For example, in the statement, the competitor's brand was described as "the cure-all competitor."

To illustrate the name-calling propaganda, the co-competitor states that this competitor's brand is not qualified as it lacks the required ingredients.

Propaganda is mainly a public relations tactic used by marketers to promote their brands over the competition. The technique may promote some positive or negative ideas about a particular brand in the minds of consumers.

Other propaganda techniques include testimonials, stereotyping, bandwagon, fear appeals, among others.

Thus, the propaganda technique as stated above is "Name-Calling."

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What certificate will we get if we become a teacher?​

Answers

Answer:

You can get a teaching certificate or an alternative certification, but go for the nationally-recognized board certification when you're eligible. Use the best job sites. The best job sites, for teaching jobs, are the websites of the school and school district themselves.

Through conducting many experiments with pea plants, Gregor Mendel discovered three basic principles that guide the inheritance of traits. Which concept is a part of his explanation?
a. Codominance
b. Dominance
c. Multiple alleles
d. Sex linkage

Answers

Option b is Correct. Gregor Mendel made three fundamental discoveries on the inheritance of features through his extensive research with pea plants. He includes the notion of dominance in his justification.

The Law of Dominance and Uniformity, the Law of Segregation, and the Law of Independent Assortment are some of Mendel's laws. Mendel put out the theory of characteristic inheritance from one generation to the next. Three rules make up the law of inheritance: the laws of segregation, independent assortment, and dominance.

He concluded that genes are inherited from each parent as separate, paired units. Mendel observed how parental genes separated and if they showed up as dominant or recessive qualities in the children. He was aware of the inheritance's mathematical patterns.

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ts
Question 1
1 pts
From the list below, choose the greatest advantage internships offer while in
high school.
A. You will earn college credit during high school
B. Opportunity to "try out" a career
C. Obtain your GED
D. Military academies are more likely to accept you

Answers

Answer:

answer is d because in military social studies is most and of you are good in social studies and graduated from high school it becomes easy to get admission in military academies.

Answer:

B. Option to "try out" a career

Explanation:

just took the test and got it right

!!!!!!Which of the following is NOT a credit report mistake which can occur?
O Outdated information
Incorrect payment status
O Recent public records
O Misinformation of personal records

Answers

Answer:

Misinformation of Personal Records

Explanation:

Have a lovely day!! :)

How do worker organizations influence wages?
A. They fight for higher pay for workers.
B. They lower the market value of workers.
C. They enforce regulations raising the minimum wage.
D. They require workers to have more education.
SUBMIT

How do worker organizations influence wages?A. They fight for higher pay for workers.B. They lower the

Answers

Answer:

A.

Explanation:

In many industries wages are linked to enterprise cost of living which ensures a fair wages to workers. The wage rates are directly influenced by cost of living of a place. The workers will accept a wage which may ensure them a minimum standard of living. Wages will also be adjusted according to price index number.

They fight for higher pay for workers is the way organizations influence workers for wages. In many businesses, wages are tied to the cost of living of the company, ensuring that workers are paid fairly.

What is wage employment?

In both the official and informal economies, wage employment encompasses any salaried or compensated position under contract to another person, organization, or company. Finding decent-paying work for those with impairments is often difficult.

Thus, option A, They fight for higher pay for workers is correct.

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If Chinwe owes $2,164.00, what would her quarterly payments be?

Answers

Answer:

$541.00

Explanation:

2164 / 4 = 541

Based on the calculation, Chinwe's quarterly payment would be equal to $541.00.

What is a quarterly payment?

A quarterly payment can be defined as a cumulative total of monthly payments that are made by an individual or business organization, four (4) times in a year or an annual basis. This ultimately implies that, a quarterly payment would be paid in four (4) installments only.

Given the following data:

Debt = $2,164.00.

Quarterly payment = 2,164.00/4

Quarterly payment = $541.00.

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Ji-woo has a new credit card. She wants to use it for online shopping. What are three things that make this a poor choice

Answers

1. Paying her bill late( messes up your credit score)
2. Overspending ( self-explanatory)
3. Using her credit card on unknown website( increases risk of fraud)

The three things that should make the poor choice:

The bill are paid after the due date that affect the credit score. There is overspending. The credit card is used for the unknown website due to which the chances of fraud are increased.

In this way, these 3 things make the poor choice.

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What is one of the top two criteria for global market consumers when making purchase decisions?

Answers

Equality is one of the top two criteria for global market consumers. "Marketing on a global scale harmonizing or taking global operational differences, similarities and opportunities in order to attain global objectives" is how global marketing is defined. Another area of study in general business management is global marketing, which offers goods and services to clients locally, nationally, and worldwide.

The use of marketing ideas in more than one nation, by businesses abroad, or across international borders is known as global marketing. It is accomplished by the export of a company's goods to other countries, admission through a domestic joint venture with another company.

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Mel's Diner is a popular café that specializes in home-cooked meals, friendly service, and a menu that contains vegan and vegetarian dishes (menu items that no other restaurant in the area offers). Mel's Diner is engaging in strategic positioning by offering the unique menu items of vegan and vegetarian dishes.
i. True
ii. False

Answers

Answer:

true

Explanation:

one of the biggest internet-related strategic issues facing many businesses is

Answers

One of the biggest internet-related strategic issues facing many businesses is cybersecurity.

In today's digital age, businesses heavily rely on the internet for their operations, communication, and data management. However, this increased connectivity also brings significant risks, with cybersecurity emerging as a critical strategic issue. Businesses face a multitude of cybersecurity challenges, including data breaches, ransomware attacks, phishing attempts, and hacking incidents. These threats can lead to significant financial losses, reputational damage, and legal consequences.

The internet's vast and interconnected nature creates vulnerabilities that can be exploited by cybercriminals. As technology evolves, so do the techniques and sophistication of cyberattacks, requiring businesses to continuously adapt and strengthen their cybersecurity measures. This involves implementing robust security protocols, conducting regular risk assessments, educating employees about best practices, and investing in advanced security technologies.

Additionally, the increasing reliance on cloud computing, Internet of Things (IoT) devices, and digital platforms further amplifies the cybersecurity concerns for businesses. Each of these technologies presents unique security challenges that must be addressed to safeguard sensitive data and protect the integrity of business operations.

Cybersecurity stands as one of the most significant internet-related strategic issues faced by businesses today. It requires ongoing attention and investment to protect against evolving cyber threats. By prioritizing cybersecurity measures and staying updated with the latest best practices, businesses can mitigate risks and ensure the integrity, confidentiality, and availability of their digital assets.

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V
Use the drop-down menus to identify the steps
involved in deleting the blank row in this scenario.
Step 1:
Step 2:
Step 3:
Step 4: Click the Delete Row option
V
Y

Answers

Answer:

Step 1. Put the insertion point in the blank row

Step 2. Navigate layout tab.

Step 3.  Click the delete option.

Explanation:

Dude trust me.

Behavioral finance has grown to be an important topic in the field of finance. In this discussion, define what behavioral finance is and discuss at least one of the aspects or concepts that can be found in behavioral finance. Then, include in your discussion details on why it is important for finance professionals to understand this concept.

Answers

Behavioral finance is a field of study that combines principles from psychology and finance to understand how individuals make financial decisions. It recognizes that human behavior and emotions can significantly influence investment choices and market outcomes.

One aspect of behavioral finance is the concept of cognitive biases. Cognitive biases refer to systematic errors in thinking and decision-making that can lead to irrational behavior in financial markets.One example of a cognitive bias is the "anchoring bias." This bias occurs when individuals rely too heavily on an initial piece of information (the anchor) when making subsequent judgments or decisions. For instance, an investor might anchor their valuation of a stock based on historically high prices, even if it is currently trading at a much lower level.

This bias can distort perceptions of value and lead to suboptimal investment decisions.It helps explain market inefficiencies that cannot be solely explained by traditional economic theories. By understanding the impact of cognitive biases, finance professionals can better comprehend market anomalies and identify potential mispricings, offering opportunities for alpha generation.

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1-) What limitations exist on the deductibility of executive compensation? 2-) Do they apply to all business entities?3-) Are there any exceptions to the limitations? Explain.4-) From a tax perspective, explain the advantages and disadvantages of the partnership form of business. What are the differences among limited liability partnership (LLP), limited partnership (LP), and general partnership?5-) A taxpayer contributes $1,000 into a limited partnership. At the end of the partnership tax year, the taxpayer's pro-rata share of the loss is $2,000. Ignoring passive activity rules, what is the taxpayer's at risk amount? Explain.

Answers

1) The CEO and the top four highly compensated officers can only receive deductible compensation of $1 million per year.

2) It pertains to:

Covered worker for a publicly traded companyCompensation paid by specific health insurance companies that is greater than $500,000.The annual cap for covered executives of financial institutions that took part in the Troubled Asset Relief Program (TARP) is set at $500,000.

3) Exemptions from restrictions: Compensation postponed under a poorly qualified postponed compensation plan is an exception to the $1 million deductibility cap; the surety exception is what draws the most attention.

4) Benefits from a tax perspective: Unlike corporations, relationships and partnership firms are not required to file separate income tax returns. Returns must be filed by partners.

Disadvantages:

Each partner is individually responsible for the debts and obligations of the business.A overall partnership is an arrangement in which two or more people share equally in the business's profits and liabilities.A verbal or formal agreement is possible.

Here, all partners are involved in the day-to-day operations of the company.

5) The taxpayer's loss will only be accepted up to the amount of the capital contribution; any excess loss will not be accepted.

Amount of tax payers at risk = 2000 - 1000 = $1000

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explain advertisement

Answers

Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.

what's the language spoken in Egypt?​

Answers

Answer:

Modern Standard Arabic

Explanation:

Answer:

Arabic thats the language of egypt because most them are Islamic

What is the main difference between goods and services?

Answers

Services are tangible (you can’t hold it or touch it), nonseparable (it happens at the transaction), variable (it can be different each time it is created)

They have fixed costs of £200 per month Each item's raw materials cost £50 The items sell for £150 each


What is the Break Even Point for the business?

Answers

Answer:

2 unit

Explanation:

The break-even point is that point at which a business makes no profit after settling all the necessary fixed cost for the period. It is the point preceding profit making at which costs are recovered

It is calculated by dividing the fixed costs with the sales revenue less the variable cost per unit of an item.

Workings

Fixed cost = 200

Selling price = 150

Variable cost = 50

Break even point = 200/(150-50)

=2 units

Any sales below this ends up in a loss as the fixed cost will not be fully recovered.

Which of the following retirement accounts would traditionally be offered by an employer instead of a traditional pension plan?

- 403(b)
- Traditional IRA
- Roth IRA
- 401(k)

Answers

Answer:

Which of the following retirement accounts would traditionally be offered by an employer instead of a traditional pension plan? ... A Roth IRA is beneficial because your withdrawals are tax-free.

Explanation:

Which of the following retirement accounts would traditionally be offered by an employer instead of a traditional pension plan? ... A Roth IRA is beneficial because your withdrawals are tax-free.

Answer:

C. Roth IRA

Explanation:

career question #35 easy

career question #35 easy

Answers

It is c because ruir

Which of the following is true about the process above? A. intrapleural pressure decreases
B. atmospheric pressure decreases
C. air moves out of the lungs
D. intrapulmonary pressure increases

Answers

The pressure inside the pleural cavity is referred to as intrapleural pressure in physiology. It is characterized as negative pressure when the pressure inside the pleural cavity is typically only a little bit lower than the ambient pressure. Thus, option B is correct.

Pneumothorax may result when the pleural cavity is torn or ruptured and the intrapleural pressure rises above the ambient pressure. Different from intrathoracic pressure is intrapleural pressure. The pleural space only encompasses the region between the parietal and visceral pleura around the lungs, whereas the thoracic cavity also contains the lungs, heart, and pleura.

The ventilation stage, ambient pressure, and the size of the intrapleural cavity all influence intrapleural pressure. There is a negative intrapleural pressure when at rest. The lungs enlarge as a result of the transpulmonary pressure this produces.

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Due to the necessity of living on a fixed income, many retirees find it difficult to _______. a. Afford to keep their large homes b. Maintain their old standard of living c. Pay for unexpected expenses d. All of the above

Answers

Answer:

D:all the above

Explanation:

i took the unit test.

Answer:

Its 100% D

Explanation:

Got a 100%

Due to the necessity of living on a fixed income, many retirees find it difficult to _______. a. Afford

Exam Tip: More Maslow. Classify each of the following situations by matching the associated level of Maslow's Hierarchy of Needs (plysiological safety and security, social esteem, and actualisation) Situation a. A project manager expresses feelings of pride and personal accomplishment b. A new project team member requests frequentres period, want the latest horaving devices, and expects efficient work methods c. A project team member expects to be rewarded publicly for doing this job well d. The project team is concerned whout the total durti of the project and employment project completion e. The project environment provides an opportunity to work with a team, interact with co-workers, and improve the ability to network with other team Levelin Maslow's Situation Hierarchy of Needs

Answers

Here's the classification of each situation according to the associated level of Maslow's Hierarchy of Needs: a. Esteem needs, b. Physiological and Safety needs, c. Esteem needs, d. Safety and Security needs, e. Social needs

a. project manager expresses feelings of pride and personal accomplishment - Esteem needs. This situation relates to the need for recognition, self-worth, and a sense of achievement, which falls under the esteem level in Maslow's hierarchy.

b. A new project team member requests frequent breaks, comfortable work conditions, and efficient work methods - Physiological and Safety needs. This situation pertains to the basic needs of physical comfort, safety, and security, which are part of the physiological and safety level in Maslow's hierarchy.

c. A project team member expects to be rewarded publicly for doing their job well - Esteem needs. This situation corresponds to the need for recognition, status, and appreciation, which aligns with the esteem level in Maslow's hierarchy.

d. The project team is concerned about the total duration of the project and employment after project completion - Safety and Security needs. This situation reflects the need for stability, job security, and the assurance of a future, which falls within the safety and security level in Maslow's hierarchy.

e. The project environment provides an opportunity to work with a team, interact with co-workers, and improve networking abilities - Social needs. This situation relates to the need for social connections, a sense of belonging, and positive relationship , which are part of the social level in Maslow's hierarchy.

To summarize:

a. Esteem needs

b. Physiological and Safety needs

c. Esteem needs

d. Safety and Security needs

e. Social needs

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The histogram and box plots below show the distribution of finishing times for male and female winners of the New York Marathon between 1970 and 1999.

Answers

Answer:

Kindly check explanation

Explanation:

A.)

From the histogram, the number of runners who made a certain range of Runtime can be easily deduced on the y-axis of the histogram, which isn't possible on the boxplot.

Summary statistic such as lower quartile, median and upper quartile statistics including outliers can be deduced easily from the boxplot.

B.)

Bimodal distribution occurs when two different groups or class have the highest number of values in a distribution.

C.)

The distribution of marathon times for men is fairly normally distributed while that if women is skewed.

The minimum and maximum values in the women's distribution is greater than the minimum and maximum values in the men's distribution.

The women's distribution has greater variance than the men's distribution. (greater range value).

The histogram and box plots below show the distribution of finishing times for male and female winners
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