Business, 19.11.2019 02:31 ashleyuchiha123
Why is the marginal product of labor likely to increase initially in the short run as more of the variable input is hired? a. initially workers are able to specialize, but after a certain number of workers have been added, gains from specialization will be exhausted and diminishing total returns will set in. b. the marginal product always increases as more labor is hired. c. initially workers are able to specialize, but after a certain number of workers have been added, gains from specialization will be exhausted and diminishing marginal returns will set in. d. initially firms are able to add additional capital for each worker hired. however, after a certain point, it becomes cost prohibitive to do so.
Answers: 2
Business, 22.06.2019 17:30, leannhb3162
Aproject currently generates sales of $14 million, variable costs equal 50% of sales, and fixed costs are $2.8 million. the firm’s tax rate is 40%. assume all sales and expenses are cash items. (a). what are the effects on cash flow, if sales increase from $14 million to $15.4 million? (input the amount as positive value. enter your answer in dollars not in (b) what are the effects on cash flow, if variable costs increase to 60% of sales? (input the amount as positive value. enter your answers in dollars not in millions). cash flow (increase or decrease) by $
Answers: 2
Business, 22.06.2019 17:50, hinokayleen5053
Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.
Answers: 1
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