Rate of unemployment is the sum of these two rates because these types of unemployment are inevitable in large, dynamic, technologically progressive, and the diverse economy.
What is economic diversity?Economic diversity, also known as economic diversification, is the usage of a wide variety of economic activities in a region or nation. To promote healthy economic development and growth, diversification is employed as a strategy. Studies have shown that economies with greater economic diversity have higher GNP levels. developing a new area through non-connected diversification. Due of the extensive infrastructure that must be built, the procedure is laborious, but the reward would be greater. A cost-effective strategy for increasing the potential is the foundation of connected diversification. It translates to reduced risks and a healthy margin for business expansion.
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which of the following statements is true about a swot analysis? group of answer choices it does not encompass the analysis of an organization's external environment. it essentially produces strategies that are incongruent with each other. it does not encompass functional-level strategies directed at improving the effectiveness of operations within a company. it is a methodology for choosing between competing business models. it essentially results in the generation of a single strategy that deals with one particular internal function of an organization.
The true statement about SWOT analysis is (E) "it is a method for selecting the top business model from a range of alternatives."
What is a SWOT analysis?A person or organization can use the SWOT analysis (also known as the SWOT matrix) to discover Strengths, Weaknesses, Opportunities, and Threats (SWOTs) relevant to business competition or project planning.
It is a way for determining the best business model out of several options.
Other names for it include situational analysis and situational evaluation.
The abbreviations TOWS and WOTS-UP also contain similar components.
The abbreviation SWOT stands for the four steps of a SWOT analysis: strengths, weaknesses, opportunities, and threats.
The main objective of a SWOT analysis is to raise awareness of the variables that influence business decisions or the formulation of business strategies.
Therefore, the true statement about SWOT analysis is (E) "it is a method for selecting the top business model from a range of alternatives."
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Correct question:
Which of the following statements is true about SWOT analysis?
a. It does not encompass the analysis of an organization's external environment.
b. It essentially results in the generation of one single strategy that deals with one particular internal function of
an organization.
c. It does not encompass functional-level strategies directed at improving the effectiveness of operations within a company.
d. It essentially produces strategies that are incongruent with each other.
e. It is a methodology for choosing between competing business models.
which generation has changed communication in the modern workplace with their need for public recognition?
Generation Y, also known as the Millennial generation, is known for changing the way communication is done in the modern workplace with their need for public recognition.
Young people who were born between 1981 and 1996, known as millennials, have become accustomed to expecting instant feedback and credit for their efforts. They are more inclined to share their successes and solicit feedback from their peers, managers, and mentors through digital communication tools like instant messaging, social networking, and team collaboration platforms. They also prefer to be acknowledged publicly, whether through team meetings, letters sent to the entire organisation, or even on social media platforms, for their achievements. This change in communication practises has affected how businesses interact with their workforce as well as how management provide feedback and acknowledgement.
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which hr role can create conflicts with line managers because of differences in opinion about how to manage employees?
Operational and employee advocate role can create conflicts with line managers because of differences in opinion about how to manage employees.
What do you know about employee advocate?
Employee Advocacy is a strategy that enables employees to share company-approved content on their personal social media accounts. Employee Advocacy programs help organizations build their brand, increase employee engagement and reach a larger, more diverse audience. By allowing employees to post about their work, companies can increase the number of brand impressions, website visits and conversions, and ultimately drive more revenue. Employee Advocacy also helps build trust with customers and strengthens relationships with partners. Employee Advocacy empowers employees to become brand ambassadors, while also providing a platform to communicate company values and mission to the greater public. This helps to build a positive company culture and increase employee morale.
So, The required answers are Operational and employee advocate role.
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what are the four things paul told timothy the scriptures are profitable for? love correction encouragement instruction profit doctrine rebuke
Paul the Apostle explained how the Bible enriches our life. 16 All of the Bible's writings were inspired by God and are useful for teaching, reproof, correction, and instruction in righteousness. 17 that the man of God could be completely equipped for all good deeds and perfect.
Paul exhorted Timothy to concentrate on three spiritual goals of the ministry, namely food from God's Word, instruction in godliness, and a concentration on missions. Paul tells Timothy that the process of gaining nutrition from God's Word is a lifelong event.
Verse 16 informs us that it is beneficial for teaching, rebuking, correcting, and training in righteousness so that the man of God may be fully prepared for good deeds (verse 17). The entirety of Scripture is useful for developing God's people and equipping them for good deeds.
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Answer:
2 Tim. 4:2 and 5,
2 preach the word; be instant in season, out of season; reprove, rebuke, exhort with all longsuffering and doctrine.
...
5But watch thou in all things, endure afflictions, do the work of an evangelist, make full proof of thy ministry.
Explanation:
Just read the verce it says.
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how many btus were consumed in the united states in 2017 by consumers that used petroleum as a fuel source? responses
97.7 quadrillion BTUs were consumed in the united states in 2017 by consumers that used petroleum as a fuel source.
A consumer is a person or a group who intends to order or makes use of bought items, merchandise, or services on the whole for private, social, family, household, and comparable needs, and who isn't always directly associated with entrepreneurial or commercial enterprise activities. The term maximum normally refers to someone who purchases goods and services for personal use.
In an economy, a customer buys items or services normally for intake and now not for resale or for business functions. purchasers pay a few amounts of cash (or equivalent) for goods or services.) then consume (burn up). As such, clients play a critical position within the financial device of a capitalist machine and shape a fundamental part of any economic system. without consumer calls, manufacturers could lack one of the key motivations to produce: to sell to clients. The consumer also bureaucracy one cease of the chain of distribution.
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which of the following best describes the three fundamental economic questions? group of answer choices what to produce, how to produce, and for whom to produce. what time to produce, what place to produce, and how to produce. what to produce, when to produce, and where to produce. what to produce, when to produce, and for whom to produce.
What to produce, how to produce, and for whom to produce describes the three fundamental economic questions
The "For Whom to Produce question" is a major economic issue that is most closely tied to the problems of income inequality and poverty. Determining who the fouds should be created for is the difficult decision at the centre of this economic issue. The producer must choose whether the items they make are intended for the wealthy or the underprivileged. Any mechanism for distributing limited resources qualifies as an economic system. Economic systems provide answers to three big issues fundamental economic questions : what will be manufactured, how will it be manufactured, and how will society disperse the output it generates.
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4) the daily returns on a portfolio are normally distributed with a mean of 0.001 and a standard deviation of 0.002. a) what is the probability that the daily returns on that portfolio are positive for at least 60 out of the next 100 days?
The probability of the daily returns on the portfolio being positive for at least 60 out of the next 100 days is 0.5.
What is portfolio?A portfolio is a collection of a person's work samples, usually in the form of documents, photographs, or other physical items. The portfolio is used to demonstrate an individual's skills and achievements, such as written work, drawings, designs, or even photographs. A portfolio can be used to showcase a person's talents and abilities to potential employers or clients. It can also be used to document an individual's progress over time or to provide evidence of a person's achievements.
The formula for a normal distribution's cumulative distribution function is:
P(X ≤ x) = 0.5*(1 + erf((x - μ)/(σ*sqrt(2)))
where erf is the error function, μ is the mean, σ and is the standard deviation.
Plugging in the given values of μ = 0.001, σ = 0.002 and x = 0, we get:
P(X ≤ 0) = 0.5*(1 + erf(0)) = 0.5
Therefore, the probability of the daily returns on the portfolio being positive for at least 60 out of the next 100 days is 0.5.
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Recruiting among the emerging work force (18 to 35 year olds) is a challenge for healthcare agencies. Marketing brochures should address the leadership and vision of the healthcare agency. Which of the following workplace environments will attract applicants in the emerging work force?
The workplace environment will attract applicants in the emerging workforce A nurturing and receptive environment. Thus the correct option is B.
What is Recruitment?Recruitment refers to the process of hiring new employees in the organization by inviting applicants based on teh job profile. This recruitment will be done by sourcing the candidate from various places like job portals, employee references, and so on.
According to the research of student nurses who are characteristic of this age group, they need leadership that promotes an open door policy with friendly behavior promoting team culture, and appraising each other.
Therefore, option B s appropriate.
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The complete question is Probably
Recruiting among the emerging workforce (18- to 35-year-olds) is a challenge for healthcare agencies. Marketing brochures should address the leadership and vision of the healthcare agency. Which of the following workplace environments will attract applicants in the emerging workforce?
a.
A highly professional environment
b.
A nurturing and receptive environment
c.
An environment highlighted by lots of meetings, so staff members can have lots of input
d.
A totally online environment, so staff members will not have to interface with uncaring colleagues
what is the net present value (npv) of a project that requires a $100 investment today and returns $50 at the end of the first year and $80 at the end of the second year? assume the discount rate is 10%.
the net present value (npv) of a project $11.57.
What Is Net Present Value (NPV)?The difference between the present value of cash inflows and outflows over time is known as net present value (NPV). The profitability of a proposed investment or project is examined using NPV in capital budgeting and investment planning. In other words, it is the compound yearly return that an investor anticipates (or actually earns) throughout the course of an investment. For instance, if a security has a series of cash flows with an NPV of $50,000 and an investor purchases it for exactly $50,000, the investor's NPV is $0.
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excluding burial vault and cemetery costs, what was the average cost of an adult funeral in the u.s. in 2016?
Excluding burial vault and cemetery costs, what was the average cost of an adult funeral in the U.S. in 2016 is $2,220.
By typical cost, what do you mean?In economics, average cost or unit cost is determined by dividing the total cost (TC) by the quantity of a good produced (the output Q): How businesses decide to price their commodities is strongly influenced by average cost.
What are company costs typically?Average cost is calculated by dividing the total cost of production by the volume of output produced. This figure is also referred to as the unit cost or average total cost. Simply put, it calculates how much a company must spend on each unit or item of output generated.
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if you were given a set of financial statements, how would you go about analyzing them to learn about the company?
Since it shows a company's potential to turn a profit, the income statement is likely to be the most crucial financial statement for the majority of consumers.
What can you learn from reading a company's financial statements and why are they important?Accounting records demonstrate how a company runs. It offers information about a company's assets and liabilities, cost of doing business, revenue generation, and cash management effectiveness.
The five conventional methods of financial statement analysis include cost-volume profit analysis, ratio analysis, trend analysis, and horizontal and vertical analysis. Each method enables the construction of a financial profile that is more complex and sophisticated.
Financial statements including the cash flow statement, balance sheet, and income statement must be prepared. With the use of these three statements, traders can learn more about a company's financial health and underlying worth. They also serve as useful tools for analyzing a company's financial strength.
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which of the following would provide a reimbursement of some premiums when a long-term care policy is canceled?
return of premium rider
Return of premium rider would provide a reimbursement of some premiums when a long-term care policy is canceled.
If the policyholder does not pass away within the specified term, a return of premium rider entitles the policyholder to a refund of the premiums paid. The net cost to the policyholder is virtually zeroed out as a result. Return of premium life insurance is another name for a policy that includes a return of premium clause.
Premiums paid for long-term care insurance are refunded. Return of Premium refers to a policy where, if no other insurance benefits are used, you receive your money returned in full or in part. Because you are promised a benefit either way, return of premium insurance cost more than normal policies.
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a firm paid $370,000 for a machine with a useful life of 10 years, at which point they expect to sell it for $100,000. assuming they use time as their allocation basis and use double-declining balance depreciation, how much depreciation will they record in year 1?
Formula- Depreciation=2×SLDP×BV
where:
SLDP = Straight-line depreciation percent
BV = Book value at the beginning of the period
So,
SLDP= 7.30%
BV= 3,70,000$
Depreciation= 2*7.30*3,70,000 = 54,020.
Hence, they will record 54,020 depreciation under double-declining method in 1 year.
A depreciation example, what is it?Depreciation illustration - If a firm buys a delivery truck for Rs. 100,000 and expects to use it for 5 years, the business may depreciate the asset as a depreciation charge of Rs. 20,000 per year for the five years.
Depreciation? What do you mean?Definition: Due to usage, deterioration, or obsolescence, an asset's monetary value falls over time. Depreciation is used to measure this decline. Other factors, such as poor market conditions, etc., may also contribute to depreciation, or a decline in an asset's value.
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in which of the following cases is the assumption most reasonable? a. to address the impact of money growth on inflation, an economist assumes that money is strictly coins. b. to estimate the speed at which a beach ball falls, a physicist assumes that it falls in a vacuum. c. to address the benefits of trade, an economist assumes that there are two people and two goods. d. to address the impact of taxes on income distribution, an economist assumes that everyone earns the same income.
Option (c), An economist's most logical premise when addressing the benefits of trade is that there are two persons and two things.
Is he the economist who asserted that both countries will benefit from commerce between them?Adam Smith addressed this popular belief in his 1776 book The Wealth of Nations. Smith argues that when one country is more proficient than another at producing a certain good while the other is more proficient at producing a different good, both countries stand to benefit from trade.
Which two points lend the most support to free trade?More efficiently produced goods and services are made feasible by it. This is because it encourages the production of goods and services in places where there is the best infrastructure, natural resource base, and human capital. It increases productivity, which over time could lead to greater results.
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If you were to invest $5,000 into a 3-year certificate of deposit account, which of the following would be most desirable as far as compounding frequency?
Choose matching definition
All of these (groceries, car loan, rent)
Quarterly (four times per year)
relatively high interest rate
capacity
Compound interest on savings is calculated on the initial principal and prior interest. In 17th-century Italy, "interest on interest"—compound interest—was invented. It grows a total quicker than simple interest, which just considers the principal. Compound interest grows faster as the number of compounding periods increases.
Compound interest is calculated on the initial principal, including past interest. Compound interest creates "interest on interest". Continuous, daily, or annual interest compounding is possible. Compounding multiplies money quickly.
Daily to annual interest compounding is possible. Financial instruments have conventional compounding frequency schedules. Bank savings accounts often compound daily. Money market accounts compound daily, while CDs compound daily, monthly, or semiannually. Monthly compounding is most frequent for house mortgages, home equity, personal business, and credit card accounts.
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Eton owns Fast Freight Company. He uses the firm's funds to pay his personal expenses, creates Go Trucking Inc. to engage in the same business, transfers Fast Freight's assets to Go Trucking, and petitions Fast Freight into bankruptcy. This most likely warrants a. a discharge for Fast Freight in bankruptcy. O b. a bonus to Eton for effectively eliminating the firm's debts. O c. the application of the doctrine of corporation by estoppel to Go Trucking. d. a pierce of the corporate veil.
The correct option is A. This most likely warrants a. a discharge for Fast Freight in bankruptcy.
A price is a cost that corporations incur in going for walks in their operations. expenses include wages, salaries, maintenance, rent, and depreciation. fees are deducted from revenue to reach profits. organizations are allowed to deduct sure charges from taxes to help alleviate the tax burden and bulk up income.
In line with the internal sales carrier (IRS), business fees are normal and vital fees incurred to operate your business. Examples consist of inventory, payroll, and lease. fixed costs are every day and don’t exchange a lot — such things as rent and coverage. Variable costs are predicted, however, they are able to alternate. some examples consist of income commissions, gasoline for business cars, and shipping fees. You anticipate variable fees each month, however, the real quantity will vary. tracking your commercial enterprise charges allows you to maintain an eye fixed on whether you’ll see earnings or losses.
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The invisible hand ensures that economic prosperity is distributed equally.a. Trueb. False
Economic success is dispersed fairly thanks to the invisible hand. It is true.
Economics is a branch of social science that studies how wealth is produced, distributed, and used. In the 19th century, economics was a pastime for affluent gentlemen and a profession for a select few academics. Economists wrote on economic policy, but politicians infrequently consulted them before making judgments. Nowadays, virtually any governments, international organizations, or major commercial banks do not have their own team of economists. Most economists work in various research or advisory roles, either for themselves (in economics consulting firms), in industry, or in government. While many economists in the world spend their time teaching economics in colleges and universities around the globe, the majority also work in various research or advisory roles.
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think of a company which you admire and trust. who are they, what makes them special, and why do they stand out to you?
P&G is a company I admire and trust for its commitment to sustainability and social responsibility.
B. Procter & Gamble (P&G) is a global business that has been around since 1837 and is now one of the world's largest consumer goods companies.
They are known for their strong commitment to sustainability, social responsibility, and ethical practices, which is why they stand out to me. P&G has taken a leadership role in sustainability by committing to produce a number of products with renewable, recycled, or responsibly sourced materials.
They have also committed to reducing their carbon footprint and investing in renewable energy and water conservation. In terms of social responsibility, P&G has partnered with organizations such as Unicef and the World Wildlife Fund to help improve the lives of people and animals around the world.
They have also committed to improving labor practices and conditions for workers, especially in developing countries. Finally, P&G has a strong focus on ethical business practices, engaging in responsible and transparent communication with customers and stakeholders. All of these efforts make P&G a company I admire and trust.
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what is your opportunity cost of taking this course at berkeley college? how does the role of scarcity influence decisions that you have to make?
This thought of scarcity leads to the thinking of possibility cost. The chance fee of an motion is what you need to give up when you make that choice.
Another way to say this is: it is the cost of the next pleasant opportunity. Opportunity fee is a direct implication of scarcity.
What is an instance of possibility cost?A pupil spends three hours and $20 at the films the night time earlier than an exam. The chance price is time spent analyzing and that money to spend on something else.
A farmer chooses to plant wheat; the chance price is planting a exceptional crop, or an alternate use of the sources (land and farm equipment).
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John invested $575 in stocks. If he lost d dollars when he sold the stocks, which expression represents the amount of money he received for his stocks?
a) 575 + d
b) d - 575
c) 575 - d
d) d575
Option (c), John made a $575 stock investment. The expression 575 - d represents the amount of money he received for his stocks if he lost d dollars when he sold them.
Algebraic expressions: what are they?Any grouping of terms that has been subjected the mathematical operations like addition, subtraction, multiplication, division, etc. is known as an algebraic expression (or variable expression). Let's use the equation 5x + 7 as an example. As a result, 5x + 7 is an example of an algebraic expression.
When continuous or fractional constants (numbers), variables (alphabets), and algebraic operators (such as addition, subtraction, division, and multiplication) are combined, the result is an algebraic expression. The symbols used to represent these expressions are words, integers, and coefficients.
let:
y: the sum of money he was paid for his shares
d: money losted
The phrase that describes the issue the best is:
y = 575-d
Where:
y <575
The amount of money I received in exchange for his stocks can be expressed as follows:
y = 575-d
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a company purchased a delivery van for $23,000 with a salvage value of $3,000 on october 1, year 1. it has an estimated useful life of 5 years. using the straight-line method, how much depreciation expense should the company recognize on december 31, year 1?
On Oct. 1, year one, a company paid $23,000 for a delivery van with a recoverable amount of $3,000.
What exactly is salvage?to save products from harm or destruction, particularly from a boat which has sunk or have been damaged, or from a building that was effected by fire or flood: gold coins retrieved from a sunken ship.
Annual depreciation expense=(Cost-Salvage value)/Useful life
=(23000-3800)/4=$4800
Hence depreciation expense for December 31,year 1=$4800*4/12 [Period from September 1-December 31]
Is salvaging synonymous with being saved?To save goods from becoming damaged or destroyed, particularly from a sunk or damaged ship or a building damaged by fire or flood: Workers are trying to recoup timber in the aftereffects of a hurricans.
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the larger the share of a good in a consumer's budget, holding everything else constant, the
more price elastic is a consumer's demand.
the share of a good in a consumer's budget does not affect price elasticity of demand.
more price inelastic is a consumer's demand.
more unit elastic is a consumer's demand.
The larger the share of a good in a consumer's budget, holding everything else constant, the more price elastic is a consumer's demand.
The larger the share of the good in the consumer's budget holding everything else constant the more price elastic is its demand. It is because a larger portion of income is allocated to that good, a small change in the price of that consumption basket will lead to greater changes in the quantity demanded of that basket.
Price elasticity quantifies how responsively a good's supply and demand are to changes in price. It is calculated by dividing by the percentage change in price the percentage change in quantity demanded—or delivered.
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true or false? japan exports cars to the us and the us exports cars to japan. neither country has comparative advantage in car production generally.
Despite appearances, Japan has a comparative advantage in vehicle manufacturing since it has a lower opportunity cost in terms of grain given up.
A circumstance in which an individual, corporation, or country can create an item or service at a lower opportunity cost than another producer is referred to as comparative advantage.For example, due of its abundance of maple trees, Canada can make maple syrup at a relatively cheap opportunity cost when compared to avocados, a crop for which its climate is less suitable.Mexico, on the other hand, can grow avocados at a far lower opportunity cost in terms of maple syrup given up than Canada because of its abundant sunshine and mild environment.To know more about comparative advantage:
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A partial surrender is allowed in what type policy?Select one: a. Universal life b. Whole life c. Variable whole life d. Adjustable life
In a universal life insurance policy, a partial surrender is permitted. This reduces the cash value of the insurance policy and is not a loan.
Surrenders in Part. After the first anniversary of the policy, you may take a partial surrender by submitting a written request. There will be a fee for partial surrender. The Surrender Amount, Fees Included, Will Be Subtracted From the Policy Value. By the same amount, the face amount will be reduced.Your life insurance policy can be surrendered, but whether and how much (if any) will be refunded depends on a number of different factors. Older whole lifepolicies, as previously mentioned, typically have the highest cash surrender values, whereas newer whole lifeTo know more about insurance here-
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what type of analytical procedure would an auditor most likely use in developing relationships among balance sheet accounts when reviewing the financial statements of a nonpublic entity?
Ratio analysis is often used to examine relationships between balance sheet accounts.
A balance sheet is a summary of the financial condition of a person or an organization, including a corporation, private limited company, sole proprietorship, business partnership, government agency, or not-for-profit organization. In financial accounting, a balance sheet is also known as a statement of financial position or a statement of financial condition. Assets, liabilities, and ownership equity are reported as of a specific date, like the end of its fiscal year. A balance sheet is frequently referred to as a "representation of a company's financial status." [1] Only the balance sheet, out of the four basic financial statements, is applicable for a specific time period throughout a company's fiscal year.A simple balance sheet for a business lists assets on the left.
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Each of these challenges represents a change to one of the factors in the business environment. Identify the factor by choosing the correct factor that makes up a business environment from the drop-down menu. a. More and more individuals are able to print sophisticated products such as business cards and brochures using their home computer.
The word 'business environment' indicates the aggregate total of all people, organizations and other forces that are outside the power of industry but that may affect its production.
What is sophisticated product?The process or result of becoming cultured, knowledgeable, or disillusioned. especially : cultivation, urbanity. 3. : the process or result of becoming more complex, developed, or subtle.
In terms of fashion and design, sophistication is more than an idea – it's the execution of a feeling: educated, experienced, worldly. These are all synonyms that apply to a simple definition of sophisticated design.
Sophisticated has a positive bias, so you can use that word to imply good things about your project.
Fabrics that portray a sophisticated image are of high quality (or at least appear to be), have a fine weave, a soft pliable hand(feel), little to minimal texture and are matte to a subtle sheen.
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under state law, boca co. may reimburse the state directly for actual unemployment claims or it may pay 3% of eligible gross wages. boca believes that actual unemployment claims will be 2% of eligible gross wages, and has chosen to reimburse the state. eligible gross wages are defined as the first $15,000 of gross wages paid to each employee. boca had four employees, each of whom earned $20,000 during the year. what amount should boca report as accrued liability for unemployment claims in its year-end balance sheet?
$1,200 amount should boca report as accrued liability for unemployment claims in its year-end balance sheet.
A balance sheet is composed of what?The assets, liabilities, and owner's equity of a company are listed on a balance sheet as of any particular date. The end of predetermined periods is often when a balance sheet is created (e.g., every quarter; annually). Two columns are present on a balance sheet. Assets for the company are listed in the column on the left. A balance sheet is an overview of an entity's financial standing in financial accounting, whether it be a sole proprietorship, a business partnership, a corporation, a private limited company, or another type of entity like a government or not-for-profit institution.
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why is investing a more powerful tool to build long-term wealth than saving?
For laying a strong financial foundation, saving and investing are both crucial ideas, but they are not the same thing. Both can help you build a more secure financial future, but consumers need to understand the distinctions between the two and when each is preferable.
Although the terms "saving" and "investing" are sometimes used interchangeably, we should actually be doing both to protect our financial future.
The crucial role they play in our lives is a trait that both investing and saving share. If you aren't already doing either, the time has come to start. This may necessitate adjustments to your budget, spending habits, and how you use your income, but it can and ought to be included in your strategy.
The degree of risk taken is the main distinction between investing and saving. You normally get a smaller return from saving, but there is almost no danger. Contrarily, investment gives you the chance to make a bigger return but comes with a danger of losing money.
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which of the following statements regarding the circular-flow diagram is true? a. the factors of production are owned by households. b. if susan works for ibm and receives a paycheck, the transaction takes place in the market for goods and services. c. if ibm sells a computer, the transaction takes place in the market for factors of production. d. the factors of production are owned by firms. e. none of the above is true.
Households are the actual owners of the producing factors. b. If Susan is employed by IBM and receives payment, the exchange happens in the market for goods.
What is IBM known for?
Computers, servers, storage systems, and networking gear are just a few of the hardware and software items that IBM is renowned for. Additionally, it offers consulting, technological, and commercial services in areas like cloud computing, data analytics, and AI (AI). The creation of the first programmable computer, the first hard drive, and the first computer virus were all made possible because to IBM's research and development
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as a firm buys more capital and less labor, the marginal physical product of capital and the marginal physical product of labor , assuming the law of diminishing marginal returns has set in for each factor. group of answer choices increases; remains constant increases; increases remains constant; decreases decreases; decreases decreases; increases
According to the law of diminishing marginal productivity, productivity gains from subsequent units produced will only slightly increase from one unit to the next when a production factor is improved.
When the marginal product of labor exceeds the average product of labor, this indicates an increase in the average product of labor.Increasing one input while maintaining the level of other inputs is known as the law of diminishing returns in a production process. The marginal output diminishes with each additional unit of the increasing input.Because the first employees may choose to specialize in the jobs in which they are most skilled, the marginal product of labor rises as a result of this. After a certain amount of capital has been invested,To know more about marginal cost here
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