Which of the following contribute(s) to diminishing returns? Shirking, or slacking off, is harder to catch...
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Which of the following contribute(s) to diminishing returns? |
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Shirking, or slacking off, is harder to catch when more workers are hired |
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Over-crowding due to a fixed amount of capital working with more and more workers |
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Communication problems arise as more and more workers are hired |
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All of the answers are correct |
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Homework Answers
Ans) the correct option is d) All of the answers are correct
Diminishing returns states that a continuous increases of one input factor will lead to a decrease in the per unit output of the variable input factor
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Which of the following contribute(s) to diminishing returns?
Shirking, or slacking off, is harder to catch...
In order for the law of diminishing returns to be present, we must have a. at...
In order for the law of diminishing returns to be present, we must have a. at least one factor of production to be fixed. b. output decreasing as more laborers are hired. c. the price of labor increasing as more workers are hired. d. simultaneous changes in labor and capital. e. double the output when labor input is doubled.
Question 1 (1 point) 1. The short run is a period of time in which the...
Question 1 (1 point) 1. The short run is a period of time in which the amount of output is fixed. nothing the firm does can be altered. the quantity of at least one factor of production is fixed. prices and wages are fixed. Question 2 (1 point) 2. When the demand for electricity peaks during the hottest days of summer, Florida Power and Light Company can generate more electricity by using more fuel and increasing the working hours of...
Widgets R Us currently has a fixed amount of capital, which costs the firm $1,000. Since...
Widgets R Us currently has a fixed amount of capital, which costs the firm $1,000. Since this capital cannot be changed at will, the only way to vary the output of widgets is to change the number of workers. The table below shows the total output of widgets when different numbers of workers are assigned to a widget press each day. If no workers are working a press, the output for that press is zero. Each worker hired by Widgets...
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identify into which category i s. HD W or no? in which category or why not? p a. Nissan builds a new automobile plant in the US Yes ca 1 plan b. Delta Airlines sells one of its existing jets to Southwest. No.beau t y product c. Ms. Moneybags buys existing shares of GM stock. Me t des d. A California winery produces a case of Merlot and sells it to a customer in Canada. Y e soda- e An...
Which of the following statements is CORRECT? a. Relative to sole proprietorships, corporations generally face fewer...
Which of the following statements is CORRECT? a. Relative to sole proprietorships, corporations generally face fewer regulations, and they also find it easier to raise capital. Stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. There is no good reason to expect a firm's stockholders and bondholders to react differently to the types of assets in which it C. invests. Bondholders should...
Choose the correst answer(s) on questions 1-5 (Please Help) Question 1 Which of the following statements...
Choose the correst answer(s) on questions 1-5 (Please Help) Question 1 Which of the following statements is true? (Select all correct answers) If the mean of two groups remains the same, the P value will not change even if the sample size (n) of those two groups changes. The P value is the probability that the alternative hypothesis is true. In a study of comparing the amount of alcohol consumed by men and women the null hypothesis would be defined...
Question 3 (1 point) Saved 3. Which of the following statements is CORRECT? Question 3 options:...
Question 3 (1 point) Saved 3. Which of the following statements is CORRECT? Question 3 options: AFC = ATC + AVC AVC = AFC - ATC ATC = AVC - AFC ATC = AFC + AVC Question 4 (1 point) Saved 4. The above table shows the total product of producing baseball hats. The marginal product of the 4th worker is equal to Question 4 options: 25 baseball hats 6.25 baseball hats 21 baseball hats 7 baseball hats Question 5...
The intent of this assignment is just basic accounting and financial statement construction These will get...
The intent of this assignment is just basic accounting and financial statement construction These will get more complicated over the course of the semester, but this one is just to ensure that everyone is on the same page. Pay close attention to the notes at the end of the assignment and the definitions posted to the blackboard site (Ratio Definitions and Case Analysis). You will only need each number on time. Check the syllabus for the due datel Below are...
1. Which of the following is true regarding spending and saving? a. Money that is spent...
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Q1 Which of the following are included and which are excluded in calculating this year's GDP. Explain in each instance. a. A monthly scholarship cheque received by an economics student b. The purchase of an almost new tractor by farmer Kojo C. The cashing in of a savings bond d. An increase in business inventories e. Tim Horton's purchases a corner grocery store f. Fearless Qweenie Kong, a stuntwoman, purchases a life insurance policy for a billion dollars ($) g....
Question 1 (1 point) 1. The short run is a period of time in which the amount of output is fixed. nothing the firm does can be altered. the quantity of at least one factor of production is fixed. prices and wages are fixed. Question 2 (1 point) 2. When the demand for electricity peaks during the hottest days of summer, Florida Power and Light Company can generate more electricity by using more fuel and increasing the working hours of...
Widgets R Us currently has a fixed amount of capital, which costs the firm $1,000. Since this capital cannot be changed at will, the only way to vary the output of widgets is to change the number of workers. The table below shows the total output of widgets when different numbers of workers are assigned to a widget press each day. If no workers are working a press, the output for that press is zero. Each worker hired by Widgets...
identify into which category i s. HD W or no? in which category or why not? p a. Nissan builds a new automobile plant in the US Yes ca 1 plan b. Delta Airlines sells one of its existing jets to Southwest. No.beau t y product c. Ms. Moneybags buys existing shares of GM stock. Me t des d. A California winery produces a case of Merlot and sells it to a customer in Canada. Y e soda- e An...
Which of the following statements is CORRECT? a. Relative to sole proprietorships, corporations generally face fewer regulations, and they also find it easier to raise capital. Stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. There is no good reason to expect a firm's stockholders and bondholders to react differently to the types of assets in which it C. invests. Bondholders should...
The intent of this assignment is just basic accounting and financial statement construction These will get more complicated over the course of the semester, but this one is just to ensure that everyone is on the same page. Pay close attention to the notes at the end of the assignment and the definitions posted to the blackboard site (Ratio Definitions and Case Analysis). You will only need each number on time. Check the syllabus for the due datel Below are...
Q1 Which of the following are included and which are excluded in calculating this year's GDP. Explain in each instance. a. A monthly scholarship cheque received by an economics student b. The purchase of an almost new tractor by farmer Kojo C. The cashing in of a savings bond d. An increase in business inventories e. Tim Horton's purchases a corner grocery store f. Fearless Qweenie Kong, a stuntwoman, purchases a life insurance policy for a billion dollars ($) g....
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