Business, 20.02.2020 19:56 sotelonancy888

The marginal product of labor is 110 cups for the first worker, 90 cups for the second worker, and 70 cups for the third worker. The MPL declines due to the principle of diminishing returns to labor. The marginal product of labor is 110 cups for the first worker, 90 cups for the second worker, and 70 cups for the third worker. The MPL declines due to the principle of spreading the overhead. The marginal product of labor is 70 cups for the first worker, 90 cups for the second worker, and 110 cups for the third worker. The MPL increases due to the principle of diminishing returns to labor. The marginal product of labor is 110 cups for the first worker, 70 cups for the second worker, and 90 cups for the third worker. The MPL declines due to the principle of diminishing returns to labor.1. What is the marginal product of the first worker, the second worker, the third worker? 2. Why does the marginal product of labor (MPL) decline as the number of workers increases?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 04:50, smeeden

Allie and sarah decided that they want to purchase renters insurance for the apartment they share. they made a list of all of the items to be covered by the insurance policy, along with their estimated values. if the items to be covered total more than $3000, the insurance company charges an annual premium of 23% of the total value of the items. if the items to be covered total $3000 or less, the insurance company charges an annual premium of 20% of the total value of the items.

Answers: 1

continue

Business, 22.06.2019 06:30, henriquetucker

Double corporation acquired all of the common stock of simple company for

Answers: 2

continue

Business, 22.06.2019 21:10, jozlynn

Upon completion of the northwest-corner rule, which source-destination cell is guaranteed to be occupied? a. top-leftb. the cell with the lowest shipping costc. bottom-leftd. top-righte. bottom-right

Answers: 1

continue

Business, 22.06.2019 21:40, goku4420

Inventory by three methods; cost of goods sold the units of an item available for sale during the year were as follows: jan. 1 inventory 20 units at $1,800 may 15 purchase 31 units at $1,950 aug. 7 purchase 13 units at $2,040 nov. 20 purchase 16 units at $2,100 there are 18 units of the item in the physical inventory at december 31. determine the cost of ending inventory and the cost of goods sold by three methods, presenting your answers in the following form: round your final answers to the nearest dollar. cost inventory method ending inventory cost of goods sold a. first-in, first-out method $ $ b. last-in, first-out method $ $ c. weighted average cost method $ $

Answers: 3

continue

You know the right answer?

The marginal product of labor is 110 cups for the first worker, 90 cups for the second worker, and 7...