Why does a business often reach a point at which adding more resources does not increase productivity or profits at the same rate it used to? (diminishing returns, stages of production)
Answer:
diminishing returns,
Explanation:
The law of diminishing marginal returns claims that the returns from the input will first increase at an increasing rate until production reaches an optimal level. After the optimal level, and holding the other factors constant, the returns from the output will start diminishing and eventually turn negative.
Diminishing returns concepts apply in the short term, where only variable inputs can change. For example, in a factory setting, the optimal production capacity is fixed in the short-run. Additional usage of a variable such as labor increase returns until the factor reaches its optimal capital. Additional hiring of labor results in diminishing returns in labor output.
The law of diminishing marginal returns claims that the returns from the input will first increase at an increasing rate until production reaches an optimal level. After the optimal level, and holding the opposite factors constant, the returns from the output will start diminishing and eventually turn negative.
Diminishing returnsDiminishing returns concepts apply within the short term, where only variable inputs can change. for instance, in a very factory setting, the optimal production capacity is fixed within the short run. Additional usage of a variable like labor increase returns until the factor reaches its optimal capital. Additional hiring of labor leads to diminishing returns of parturient output.
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For this assignment, you will create a budget using the Cost of Living Worksheet. (Do not round any percentages.)
Cost of Living Worksheet
Your job: Sales Representative
Average Salary: $36,000 annually / $3,000 monthly. Note: these are pre-tax amounts, so your take-home pay will be roughly $2,000 monthly.
Based on your salary, what percentage of your monthly take-home pay will go to each of the following expenses? You will use $2,000 as your total take-home pay for the month.
Instructions: Fill in the last column with the correct percentage. The first one, the apartment, has already been done for you. The apartment is $500/$2000 = .25. So, 25% of your monthly total take-home pay goes towards rent. Complete and submit your assignment to 04.01 Your Money Now.
Expense Amount Paid % of total take-home pay of $2,000 per month
Apartment Rent (1 bedroom, 1 bathroom apartment) $500/month 25%
Car Payment (purchased used 4-door sedan) $250/month
Insurance (renter’s insurance, car insurance, health/dental insurance) $200/month
Gas/Parking $200/month
Groceries $360/month
Utilities (electricity, water, gas, garbage, cable) $80/month
Clothing budget $50/month
Entertainment (movies, eating out, etc.) $50/month
Savings Account $150/month
Emergency Fund (car accident, sick leave, house fire, etc.) $115/month
Total expenses $1,955/month
Answer
1- 25%
2- 12.5%
3- 10%
4- 10%
5- 18%
6- 4%
7- 2.5%
8- 2.5%
9- 7.5%
10- 7.5%
Total expenses =97.75%
Explanation:
You divide everything,So for example 500 divided by 2000=0.25
Then you turn it into a % so 25%
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Answer:
Answer
1- 25%
2- 12.5%
3- 10%
4- 10%
5- 18%
6- 4%
7- 2.5%
8- 2.5%
9- 7.5%
10- 7.5%
Total expenses =97.75%
Explanation:
Raul works in Human Resources and is interviewing four people for the position of Budget Analyst. Which candidate
has the best education for this particular career?
Candidate A bachelor's degree in Finance and master's degree in
Mathematics
Candidate B
bachelor's degree in Mathematics and associate's degree in
Marketing
Candidate C
associate's degree in Computer Programming and HS diploma
Candidate D
bachelor's degree in Economics and master's degree in
Management
?
O Candidate A
O Candidate B
O Candidate C
O Candidate D
Answer:
A
Explanation:
Answer:
it is a
Explanation:
just took the test
In 2-5 paragraphs, describe how using active listening at work can help you be a better employee.
How do supply and demand help determine the price of a product?
Answer:
if supply is low but demand is high the price will go up due to limited supply however if demand is low and supply is high the price will be lower because there is a surplus of supplies and not very many people buying it
Explanation:
Answer:
By creating a balance between buyers who want low prices and sellers who want high prices
Explanation:
what are the basic element of selection of profession describe any two of them
Answer:
Basic elements of selection of profession are:
i. Knowledge
ii. Skill
iii. Demand
iv. Importance
v. Scope
vi. Interest
Knowledge: A person must have knowledge about the profession while selection. If a person has knowledge about all the basic things, and key factors which can help him to get success and run the profession properly then he/she can get achievement in profession. But if a person doesn't have knowledge while selecting profession of his/her kind he/she will be failure in the profession. So knowledge is a very important element of selection of profession.
Demand : A person should select a profession which is highly demanded in society. If a person is knowledgeable and skilled then it will be beneficial for him/her to select a profession according to the demand of people. When a skilled person involves in a job concerning the demand of people he/she can earn so much profit because of the popularity and reputation of the profession. In this way, demand is also an important elemeny of selection of profession.
Explanation:
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Knowledge, skill, demand, importance, scope, and interest are the fundamental factors in choosing a vocation.
What is knowledge?Knowledge is frequently interpreted as being aware of facts or as having practical abilities, but it can also entail being familiar with things or circumstances. Propositional knowledge, also known as knowledge of the facts, is frequently characterized as a true belief that can be distinguished from opinion or conjecture by the use of evidence.
When choosing a profession, a person must be knowledgeable about it. A person can achieve in their profession if they are knowledgeable about all the fundamental concepts and important elements that can help them succeed and manage their profession effectively. However, a person will fail in their chosen profession if they don't have information when choosing a profession that suits them. Therefore, choosing a vocation requires careful consideration of knowledge.
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rship
If two or more people own a business equally, it is called a
O corporation
O sole proprietorship
O partnership
O limited liability company
Answer:
Partnership
Explanation:
A partnership is a formal arrangement by two or more parties to manage and operate a business and share its profits.
Five data entry operators work at the data processing department of the Birmingham Bank. Each day for 30 days, the number of defective records in a sample of 200 records typed by these operators has been noted, as follows: Sample No. No. Defectives Sample No. No. Defectives Sample No. No. Defectives 1 7 11 6 21 18 2 6 12 6 22 12 3 20 13 15 23 6 4 10 14 3 24 6 5 10 15 11 25 14 6 8 16 7 26 9 7 12 17 13 27 14 8 10 18 5 28 6 9 5 19 17 29 11 10 14 20 16 30 4 a) Establish 3sigma upper and lower control limits. UCL Subscript p =
Answer:
UCL = 22.336
LCL= -2.936
Explanation:
Sple No. No. Defectives Sple No. No. Defectives Sple No. No. Defectives
1 7 11 6 21 1 8
2 6 12 6 22 12
3 20 13 15 23 6
4 10 14 3 24 6
5 10 15 11 25 14
6 8 16 7 26 9
7 12 17 13 27 14
8 10 18 5 28 6
9 5 19 17 29 11
10 14 20 16 30 4
UCL= X~+ 3σ
LCL= X~- 3σ
Using calculator we get
X`= ∑x/n=7 + 6 +18+ 6 + 6 +12 + 20+ 15 + 6 + 10 + 3+ 6 + 10 + 11+ 14+ 8+ 7+ 9+ 12 + 13+ 14 + 10 + 5 + 6 + 5 + 17 +11+ 14+ 16+ 4/30 = 9.7
σ= 4.212
UCL = 9.7 + 3(4.212) = 22.336
LCL= 9.7 - 3(4.212) = -2.936
Did Sue draw this circle change into passive voice
Answer:
Was this circle drawn by Sue?
Explanation:
Preston wants to be an accountant. When he decides on a college education, which would be the best choice for this career?
community college with an earned associate’s degree
state college with an earned bachelor’s degree
graduate school with an earned master’s degree
graduate school with an earned doctorate degree
Answer:
Your answer is A. community college with an earned associate’s degree.
Explanation:
Bookkeeping, Accounting, and Auditing Clerks require less education. They often have a high school degree and sometimes an associate degree or vocational education or experience.
Preston wants to be an accountant. When he decides on a college education, community college with an earned associate’s degree would be the best choice for this career. Thus, option (a) is correct.
What is career?The term career is related to the experience and knowledge gain in person life. The career are set is beneficial for person in future life. Career are built with the help of different courses. The career built with the help of good education, developed skills, and more experience of work life. A person career are create good personality.
According to the case, the Preston was the interested to the accountant. Preston was the decided the on a college education was the best choice of the career is the community college with an earned associate’s degree or occupation education or occurrence. The accounting was the related to the entry of the bookkeeping.
As a result, the significance of the career are the aforementioned. Therefore, option (b) is correct.
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Adalaide is considering switching cell phone plans. Though the new plan is slightly more each month, she’ll be able to get a new phone sooner. When making this financial decision, what should Adalaide keep in mind?
A. Only major financial commitments will affect your overall financial status.
B. Any small financial commitments will make no effect on your financial standing.
C. Both small and large financial decisions can influence your financial health.
Explanation:
Though the new plan is slightly more each month, she'll be able to get a new phone sooner. When making this financial decision, what should Adalaide keep in mind? Only major financial commitments will affect your overall financial status. Any small financial commitments will make no effect on your financial standing.
When making this financial decision Only major financial commitments will affect your overall financial status should Adalaide keep in mind. Thus, option A is correct.
What is a financial status?Financial status can be defined as the statement with States the income as well as expenses of a particular person's first stop clearly defined that the fund is being used for all updates. This gives the financial position of the individual or a company.
In this, as an Adalaide switched cell phone plant there is only a slide difference in the monthly plan but this will not affect in a very big or significant way the financial status of the financial structure for her overall new phone decision. As she can adjust us light expenses in other things or grocery.
Therefore, option A is the correct option.
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which of the following factors are likely to strengthen a diverse family?
1. Family using their gadgets during breakfast
2. Family playing in the park
3. Mother busy on her laptop ignoring her daughter
4. Farther explaining family traditions to son
Answer:
Explanation:
For all Plato users
Reka Rahim is employed at Damon's Deli. She has family medical coverage through the company's group medical plan. The annual cost of Reka's family coverage is $12,800. The company pays 80% of the cost. How much is deducted from her biweekly paycheck for medical insurance?
Answer:
$98.46 per biweekly payment
Explanation:
the total cost of Reka's health insurance = $12,800
her employer pays = $12,800 x 805 = $10,240
Reka must pay = $12,800 - $10,240 = $2,560
there are 52 weeks in a year, so Reka receives 52 / 2 = 26 biweekly payments
amount deducted per biweekly payment = $2,560 / 26 = $98.46
_____ was withheld specifically for the tax that is used to pay for a healthcare program.
_____ was withheld for the payroll tax that specifically supports retired and disabled citizens.
_____ If this individual made more money, the amount withheld for Social Security would
Answer: First : 612.65$
second : 2567.45$
Third : Increase
Explanation: i did this by self its surity
Answer:
Answers
First Sentence: $612.65
Second Sentence: $2567.45
Third Sentence: Increase
Explanation:
Edgen 2020
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE
Manni wants to start a paper company. He needs to find a place where he can have access to lumber so he can create his products. Which category of economic resource does he require?
labor
entrepreneurial ability
land
Answer:
I think land
Explanation:
because he needs the wood to make paper, and wood makes paper so
The Correct Answer: land
Taking money to allow someone to get what they want is a(n) ___ choice
ethical
unethical
neither
Answer:
its b, unethical
Explanation:
fix your grammer
Answer:
Unethical
Explanation:
Imagine yourself later on down the line knowing that you did something that you can't undo. Think before you react!!! People are challenged every day, but it's up to you to make that right decision.
Your brother has cooked the books and skimmed money because he has six kids, one ex-wife, and may lose his home. The corporation's ISP sues the corporation for defaulting on the Web design and hosting contract, which you signed, claiming that the corporation is a sham corporation. You and your mom are personally liable.
False
True
Answer
false (?)
Explanation
I have no explanation
True
Answer:
Explanation:
Did on Edg
Harry Chambers helped buyers Hugh and Betty Flint find their dream home. At closing, Harry and the Flints learned how antagonistic the relationship between the seller and his broker had become. The seller, who attended the closing with his attorney, declared that his broker "did little to market this property. I should have made $100,000 more." Then he turned to his attorney and said, "I want you to do everything you can to make sure he does not get a dollar in commission." If the owner refuses to pay commission to his broker, what will happen to the other broker's commission?
Answer:
First of all, when a buyer or a seller agree to work with a broker, they must first sign a contract that binds them. If the seller's broker failed to perform his/her part, it is something completely irrelevant to the buyer's broker. They will probably engage in a legal dispute over the brokerage fees involved, but that is someone else's problem.
The buyer's broker actually did a good job according to the seller since he/she bought the house at $100,000 below the market price. The buyer should be happy with his/her broker and should pay with a smile on the face.
Why could the invention of new technology lead to new business ideas?
REALLY EASY QUESTION!!
which of these would be considered an issue of law?
a. being excessively tardy
b. helping a child cross the street
c. lying to a friend
d. stealing from a store
Answer:
Stealing from a store
Argue why it is important for farmers to create three separate budgets.
How do any of these life decision problems
Answer:
baseially you are putting in a person is affecting your life. you come up with a solution. write a postive way to solve it then right a negavitve way to solve it. then write when you are going to solve your problem. then the steps that are needed.
Which is a requirement for an acceptance?
mirror image of offer
intent to contract
communicated
all of the above
All of the above
The offer must be mirrored, the first party must have an intent to contract, and that intent must be communicated for the second party to know, for sure, that a specific contract is agreed upon for acceptance.
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informational facts about airplanes
What mean by material?
Answer:
a substance that can be used for making or doing something
कुछ बनाने या कुछ करने के लिए प्रयुक्त पदार्थ, सामग्री, माल, सामान
raw materials raw materials
2.
cloth (for making clothes, etc.)
कपड़ा (पोशाक आदि बनाने के लिए)
Is there enough material for a dress? Is there enough material for a dress?
adjective
1.
connected with real or physical things rather than the spirit or emotions
भौतिक (न कि आध्यात्मिक या भावनात्मक)
We should not value material comforts too highly. We should not value material comforts too highly.
2.
important and needing to be considered
महत्वपूर्ण और विचारणीय
In order to decrease their level of pollution, Jean and Rhonda decided to _______. a. ride the bus to work instead of walking b. drive separately instead of taking the train c. ride the train instead of riding their bikes d. carpool instead of driving separately Please select the best answer from the choices provided A B C D
Answer: d. carpool instead of driving separately
Explanation:
The best option is the one that leaves the least carbon footprint on the planet.
If they ride the bus instead of walking, the bus would burn more fuel (carbon) to carry them as opposed to if they simply walked.
If they drive separately instead of taking the train, the two cars would cause more pollution than if they took a train.
If they ride the train instead of their bikes, the train would burn more fuel or use more electricity to carry them as opposed to them simply using bicycles which do not cause pollution when used.
If they however carpool instead of driving separately, they would decrease their level of pollution because one car would cause less pollution than two.
Answer:
D. carpool instead of driving separately
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Explanation:
Karl’s Sporting Goods started as a small shop catering to the fly-fishing crowd but as requests were made for different and varied goods, it branched out into an outdoor-sports store. Karl caters to his core customer base of hunters and fishermen, but stocks the latest outdoor gear for those who want to incorporate other sports such as backpacking into their hunting and fishing experience. Due to space limitations, he does not carry mountain bikes, but does carry gear for them. Since Karl’s is not located near the ocean or a large body of water, he does not carry wetsuits or other watersports equipment, but he does carry gear that would be required for wading in cold mountain rivers and streams, and canoes and kayaks. His marketing is directed toward hunters and fishermen, but includes activities, events, and sales aimed at bringing outdoor enthusiasts with other interests into his store. Over the past month, he has received numerous request for rock climbing gear. As a result of t
The full question is:
Karl's Sporting Goods started as a small shop catering to the fly-fishing crowd but as requests were made for different and varied goods, it branched out into an outdoor-sports store. Karl caters to his core customer base of hunters and fishermen, but stocks the latest outdoor gear for those who want to incorporate other sports such as backpacking into their hunting and fishing experience. Due to space limitations, he does not carry mountain bikes, but does carry gear for them. Since Karl's is not located near the ocean or a large body of water, he does not carry wetsuits or other watersports equipment, but he does carry gear that would be required for wading in cold mountain rivers and streams, and canoes and kayaks. His marketing is directed toward hunters and fishermen, but includes activities, events, and sales aimed at bringing outdoor enthusiasts with other interests into his store. Over the past month, he has received numerous request for rock climbing gear. As a result of these requests, Karl has entered into negotiations with three providers of high-quality rock climbing shoes and gear. What do Karl's activities show about his marketing for Karl's Sporting Goods?
Answer:
He has a marketing concept and is acting on it.
Explanation:
A marketing concept is the way by which businesses identify the needs of customers and come up with strategic ways of meeting those needs better than competing firms.
Different marketing concepts include: production concept, product concept, selling concept, marketing concept, and the societal marketing concept.
In the given scenario Karl's sporting goods only catered for fly fishers but as demand for other items increased they branched into other outdoor sport items.
He is stocking gear for swimming, rock climbing, and mountain bikers through partnership with suppliers even if they are not his primary market.
This is acting on marketing concept to be able to meet demand for the other outdoor sporting activities he does not normally supply
What are some typical roles filled by the construction manager? (Select all that apply.)
responding to emergencies
designing exterior spaces
preparing budgets
conducting structural calculations
establishing a project timetable
Answer:
Construction managers typically do the following:
1. Prepare cost estimates, budgets, and work timetables.
2. Interpret and explain contracts and technical information to other professionals.
3. Report work progress and budget matters to clients.
4. Collaborate with architects, engineers, and other construction specialists.
Explanation:
What is quality management.
Answer:
Quality management ensures that an organization, product or service is consistent. It has four main components: quality planning, quality assurance, quality control and quality improvement. Quality management is focused not only on product and service quality, but also on the means to achieve it.
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