Choose the correct statement A. Labour hours are not all equally productive B. The aggregate production function is the relationship that tells us how real GOP changes as the real wage rate changes, when all other infuences on production remain the same C. An increase in the quantity of labour and a corresponding decrease in leisure hours shifts the production function upward D. An increase in the quantity of labour and a corresponding decrease in leisure hours will have no effect on real GDP

Answers

Answer 1

The correct statement is B. The aggregate production function is the relationship that tells us how real GOP changes as the real wage rate changes, when all other influences on production remain the same. The aggregate production function is the relationship that tells us how real GOP changes as the real wage rate changes when all other influences on production remain the same.

The function expresses how the factors of production interact to generate an economy's output. A change in the wage rate, for example, induces people to change the amount of work they provide. A change in the capital stock alters the economy's productive capacity.A labor hour is a unit of production in which the laborer puts forth a certain amount of effort. Not all labor hours are equal in terms of productivity. The productivity of an hour of labor varies depending on how much labor is already being used to create a good.

When the output per labor hour decreases as more hours of labor are employed in the production process, the production function has diminishing marginal productivity. This means that every additional hour of labor will add less to production than the previous hour.A change in the quantity of labor shifts the production function upwards and to the right. As a result, the output of production is increased. The increase in labor quantity is accompanied by a decrease in leisure hours, which helps to maintain the employment output relationship. The correct statement is B. The aggregate production function is the relationship that tells us how real GOP changes as the real wage rate changes when all other influences on production remain the same.

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Related Questions

A potential negative result of trade agreements is

Answers

A potential negative result of trade
agreements is JOB LOSS::

When meeting customer employees should blank them in a friendly and polite manner

Answers

Answer: 1.When meeting customers, employees should greet them in a friendly and polite manner.2.When providing customer service, employees must first listen the customer’s needs.3.Employees must treat all customers with respect.4.When employees make a mistake, they must take responsibility for it.5.Employees must communicate with customers clearly and respectfully.6.After helping customers, employees should thank them for their business.7.Employees should never promise to do something they cannot or are not authorized to do.

hope it helps

HELP 100 POINTS!! Review different ways businesses advertise on the Internet. Research three different methods of online advertising. For each method, include the following information. Be specific as pricing will be determined on size and reach of the ad. (5-6 sentences for each method)

Answers

Social media adsTargeted adsOnline commercial videos

Those are some of the ways to elaborate on the topic but plz write the essay yourself

Which represents the greatest acceleration?


200 m/s

200 cm/s2

0.020 km/s2

0.002 km/s2

Answers

Answer:

(3) 0.020km/s²

Explanation:

The option with greatest acceleration is the one with greatest magnitude.

To do this, we have to analyse each if the given options.

1. 200m/s.

This doesn't represent acceleration because acceleration is not measured in m/s. Rather, this option is a measure of velocity..

2. 200 cm/s²

[Convert to m/s²]

= 200 / 100 m/s²

= 2 m/s²

3. 0.020 km/s²

[Convert to m/s²]

= 0.020 * 1000m/s²

= 20m/s²

4. 0.002 km/s²

[Convert to m/s²]

= 0.002 * 1000 m/s²

= 2m/s²

By comparison options 1 through 4, option (3) has the highest magnitude of acceleration.

Hence, 0.020km/s² is the highest acceleration

How important is money

Answers

Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

are only lidely to include member from allthree brances of government when contorl of congress is divided

Answers

To ensure a separation of powers, the U.S. Federal Government is made up of three branches: legislative, executive and judicial.

French social and political philosopher Charles-Louis de Secondat, baron de La Brède et de Montesquieu, first used the phrase "trias politica" or "separation of powers" in the 18th century. There are three divisions of our federal government. They are the Executive, Legislative, and Judicial branches of government, which include the President and around 5,000,000 employees (Supreme Court and lower Courts).According to Montesquieu, the best type of government is one in which the legislative, executive, and judicial branches are distinct from one another and mutually check each other to prevent any department from gaining excessive power. He thought that consolidating these powers, as in Louis XIV's monarchy, would result in dictatorship.

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What are two types of organizational structures designed to help an organization achieve its goals and objectives?

Answers

Answer:

the only one I can think I office procedure

On November 1, 2021, Taylor signed a one-year contract to provide handyman services on an as-needed basis to King Associates, with the contract to start immediately. King agreed to pay Taylor $5,880 for the one-year period. Taylor is confident that King will pay that amount, but payment is not scheduled to occur until 2022. Taylor should recognize revenue in 2021 in the amount of:_________


a. $0.

b. $640.

c. $1,920.

d. $3,840

Answers

We need to consider the revenue recognition principle. Taylor should recognize revenue in 2021 in the amount of $0.

To determine the revenue that Taylor should recognize in 2021, we need to consider the revenue recognition principle. According to the revenue recognition principle, revenue should be recognized when it is earned and when there is reasonable certainty of its collection.

In this scenario, Taylor signed a one-year contract with King Associates on November 1, 2021, to provide handyman services on an as-needed basis. The contract is set to start immediately, but payment is scheduled to occur in 2022. The agreed-upon payment for the one-year period is $5,880.

However, revenue should only be recognized when it is earned and there is reasonable certainty of its collection. In this case, although Taylor is confident that King will pay the agreed-upon amount, the payment is not scheduled to occur until 2022. Therefore, there is no reasonable certainty of collection in 2021.

According to the accrual accounting principle, revenue should be recognized when it is earned, which typically occurs when goods or services are delivered. In this scenario, Taylor has not yet provided any handyman services, as the contract is set to start immediately after signing on November 1, 2021.

Based on these considerations, Taylor should not recognize any revenue in 2021. The correct answer is option a. $0.

It's important to note that revenue recognition may vary depending on the specific circumstances and accounting standards applied. However, in this particular scenario, where the services have not been provided and there is no reasonable certainty of collection in 2021, recognizing revenue in that year would not be appropriate.



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The purchase of new car is included in: investment expenditure consumption expenditure on services consumption expenditure on nondurable goods consumption expenditures on durable goods

Answers

Answer:

Consumption expenditure on durable goods

Explanation:

Consumption expenditure includes expenditure on goods which are used for final consumption by households. This can be further classified into,

i) Expenditure on durable goods that is goods that can be used over a longer life span such as cars, furniture, refrigerator, etc

ii) Expenditure on non-durable goods that are goods that have a short-life span and thus must be stored for a longer time such as food, clothing, etc

iii) Expenditure on services  such as banking, insurance, traveling, etc

Thus, purchase of a new car is included in consumption expenditure on durable goods.  

PLZ HELP this is Econ btw !!! How can technology as a determinant decrease supply? Explain or give
an example.

Answers

Answer:

as we simply know the technology degradation will increase the cost of production and decrease the profit and when there will be less profit the supplier supplies less goods in the market

hence the supply will decrease.

vice versa in the case of technology improvement.

is it fine?

Challenges faced by companies working with younger workers include creating stimulating work environments, offering reasonable work schedules, designing projects based on team work, and providing opportunities for ______.

Answers

The challenges faced by  companies working with younger workers include providing opportunities for positive feedback.

What is positive feedback?

This is the skill that is used in business to help motivate workers, boost people's confidence and also show that you value their input.

Positive feedback is very important in organizations given that it helps workers to be at their best.

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What form of capital will be obtained at Transnet

Answers

The form of capital that will be obtained at Transnet is acceleration capital in which funds with existing wealth that want to expand their cash position are given investment.

What is capital?

Capital is referred to as the lifeblood of any business. It is the collection of assets of the business that has their financial value to make the production of goods and services.

Transnet SOC Ltd, a Johannesburg-based rail, port, and pipeline business, is at the beginning of changing its Market Growth Strategy, which is characterized by greater infrastructure investment.

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Which step of the legislative process is missing?
with answers in screenshot

Which step of the legislative process is missing?with answers in screenshot

Answers

The bill is voted on by senate

Scenario: Money Creation The reserve requirement is 20%. Leroy receives $1,000 as a graduation present and deposits the money in his checking account. The bank does NOT want to hold excess reserves. Reference: Ref 14-5 (Scenario: Money Creation) Look at the scenario Money Creation. Immediately after the deposit, reserves _____ and demand deposits _____ by $1,000. Group of answer choices increase by $1,000; increase decrease by $200; increase decrease by $1,000; decrease increase by $1,000; decrease

Answers

Your answer to this question is increased by $1000

Which of the following is an advantage of a two-tier wage system?a) It promotes equity and fairness among employees. b) It incentivizes workers to improve their performance. c) It allows for more flexibility in hiring and training. d) It reduces labor costs for the employer.

Answers

The advantage of a two-tier wage system is it reduces labor costs for the employer. The correct option is d.

In a two-tier wage structure, individuals who are hired recently are often paid less than those who have held the same position for longer. When a firm is having financial difficulties or is up against competition from other businesses, this enables them to minimize their labor costs by recruiting new employees at a reduced wage rate.

While a two-tier wage structure may encourage equity and fairness by giving current employees job security and greater pay, it may not encourage people to perform better because they do not perceive many opportunities for growth. Furthermore, while it would allow for more flexibility in hiring and training, it might also lead to conflict between younger and more seasoned workers, which might be detrimental to morale and output.

A two-tier wage system has the benefit of lowering labor costs for the business. The correct option is d.

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What is the difference between a total and a subtotal?

Answers

Explanation:

SUB-TOTAL:

The total for a part of a list of numbers being summed.

TOTAL:

An amount obtained by addition of smaller amounts.

Answer:

subtotal is all the different parts being added together from different list.

total is the all items being added together plus tax.

Explanation:

Collaboration between two or more organizations that lowers costs and reduces manual effort among employees is enabled by a(n) _____.

Answers

An interorganizational information system is enables by relation between organizations to lowers costs and reduces manual effort among employees.

What is an interorganizational information system?

This system refers to any form of shared information system among a group of companies..

In conclusion, this system allows an interchange of electronic data that allows fast computer-to-computer transfer of information.

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A company has the following: Cash balance per books, December 31, $82,600. Note receivable of $1,750 plus $250 of interest collected, $2,000. Outstanding checks, $4,900. Deposits in transit, $2,500. Bank service charges, $50. NSF check, $650. The company erroneously recorded a $1,000 cash payment on its books as a $100 cash payment. Also, the bank erroneously deducted $300 from the company’s checking account. The bank should have taken the money from a different customer’s account. How much is the adjusted cash balance per books on December 31?

Answers

Answer:

$83,000

Explanation:

Calculation to determine How much is the adjusted cash balance per books on December 31?

Balance per books on Dec. 31, $82,600

Add Note collected by the bank including interest $2,000

Less Bank service charge ($50)

Less NSF check ($650)

Less Book error ($900)

($1000-100)

Adjusted cash balance per books $83,000

Therefore the adjusted cash balance per books on December 31 is $83,000

Customer relationship management is the use of information about customers to create marketing strategies that develop and sustain desirable customer relationships. true or false

Answers

Answer:

the answer for this question is true

Which two things should the Scrum Team do during the first Sprint?
A)
Develop a plan for the rest of the release.
B)
Create the complete Product Backlog to be developed in subsequent Sprints.
C)
Determine the complete architecture and infrastructure for the product.
D)
Develop and deliver at least one piece of functionality.
E)
Deliver an Increment of useful and valuable product.

Answers

During the first Sprint, the Scrum Team should develop and deliver at least one piece of functionality and deliver an increment of useful and valuable product.  (Option D and E)

A Scrum Team refers to a collection of individuals which work together to deliver the required product increments. During the first Sprint, the Scrum Team should develop and deliver at least one piece of functionality and deliver an increment of useful and valuable product. This is because the first Sprint is meant to set the foundation for the rest of the project and begin delivering value to the customer as soon as possible.

Developing and delivering at least one piece of functionality allows the team to start delivering value and get feedback from the customer early on. Delivering an increment of useful and valuable products also ensures that the team is making progress towards the overall goal of the project and not just focusing on planning or infrastructure.

It is important to note that the Scrum Team should not try to develop a complete plan for the rest of the release or create a complete Product Backlog during the first Sprint. These tasks should be done incrementally throughout the project as the team learns more and adapts to changes. Similarly, determining the complete architecture and infrastructure for the product should also be done incrementally as the team learns more about the product and its requirements.

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Bridgett received her bank statement with a previous balance of $181.36. Total deposits were $475.00. Total checks written were $165.25. The service charge was $7.00. How much money does Bridget have in her checking account?

Your answer:

-$121.39


$484.11


$491.11

Answers

Answer:

$484.11

Explanation:

Calculation to determine How much money does Bridget have in her checking account?

Previous balance of $181.36

Add Total deposits $475.00

Less Total checks written $165.25

Less service charge $7.00

Checking account balance $484.11

Therefore How much money does Bridget have in her checking account is $484.11

Sam and Alice are married and together they own a house that has a market value of $250,000. The loan balance on the house is $175,000. Sam also owns a care valued at $15,000 and has no debt on it. Alice owns a SUV valued at $20,000 and it has a loan balance of $12,000. Sam has a IRA retirement account for $2,000 and Alice has jewelry worth $5,000. Finally, they have a joint bank account with a balance of $7,500. What is the net worth of Sam and Alice

Answers

Answer:

The net worth of her is $486,500

Explanation:

I added all values listed.

Net worth of Sam and Alice 's net worth is $ 112,500.

What is net worth ?

Wealth is measured by net worth. A person's or a company's net worth is the total of all of their assets, less any liabilities or commitments. A person or institution's net worth is determined by deducting the value of all of its outstanding liabilities from the total value of all of its financial and non-financial assets.

Net worth can alternatively be succinctly represented as non-financial assets plus net financial assets because financial assets minus outstanding obligations equal net financial assets. It can be used by businesses, people, governments, entire nations, or even certain economic sectors like the financial industry.

Computation of Net worth

Assets and Liabilities of Sam and Alice are as listed below

Assets

House = $250,000

Sam's car = $15,000

Alice's SUV = $20,000

IRA retirement account = $2,000

Alice's Jewellery = $5,000

Joint Bank Account balance = $7,500

Total value of assets = $250,000 + $15,000 + $20,000 + $2,000 + $5,000 + $7,500 = $299,500

Liabilities

House Loan Balance = $175,000

Alice's SUV loan = $12,000

Total value of liabilities = $175,000 + $12,000 = $187,000

Net Worth = Assets - Liabilities = $299,500 - $187,000 = $112,500

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Which of the following indicates that the assessment of one employee is affecting the ability to be objective when rating another employee? A) Halo error B) Recency error C) 360 degree feedback D) Judgmental methods E) Fixed standards

Answers

The answer that demonstrates how one employee's evaluation affects one's ability to rate another employee objectively is A) Halo mistake.

Halo mistake happens when a rater's general opinion of an employee—whether it's favourable or unfavorable—influences how they rate that employee's performance along particular dimensions. This might result in a halo effect when the rater regularly evaluates the other employee higher or worse based on their predetermined notion if the evaluation of one employee is influencing the rater's view or prejudice. This mistake precludes the rater from giving an accurate and objective assessment of the person's performance relative to particular criteria. The halo error impairs the rating process's objectivity and impartiality.

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I am 15 I’m I able to work at a haunted house or something like that?

Answers

Answer:

If you want to You can, if you don't want to work at haunted house then Don't..

I'm not angry UwU

Yes you can, there is a lot of other jobs you can apply for at the age of 15

Which one of these positions within a company deals directly with customers
the most?

Answers

Answer:

front-line staff

Explanation:

just took the quiz (vote brainliest plssss)

Answer:

A. Senior management.

B. Frontline staff.

C. Support staff.

D. Middle management.

the prices that consumers consider reasonable and fair for a product are termed:

Answers

The prices that consumers consider reasonable and fair for a product are termed as "perceived value."

"Perceived value" is the term used to describe the prices that consumers deem reasonable and fair for a product, taking into account its quality, features, benefits, brand reputation, and the expected utility. It reflects the subjective assessment made by consumers regarding the worth of a product in relation to its price. When consumers perceive the price to align with the expected value, it positively influences their purchasing decisions. In conclusion, perceived value plays a crucial role in shaping consumer perceptions of product pricing and their willingness to make a purchase.

In conclusion, the concept of perceived value highlights the significance of aligning product prices with the value perceived by consumers, ultimately influencing their purchase decisions.

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5. Based on information presented in the video, construct an argument that defends the idea that we should not lower taxes for the wealthiest Americans.

Answers

Answer:

We should not lower taxes for the wealthiest Americans because they own and run a lot of companies and businesses that we use. Lower income Americans want their leaders to understand or know what it’s like to be less wealthy so they’ll be more sympathetic towards lower income people and won’t do everything out of the want for more money. If they have to pay lower taxes, then that takes away from their ability to sympathize with lower income homes, and that would upset a lot of people.

How does a project manager evaluate the scope of a project?

Determine the overall work that needs to be completed to deliver the desired product, service, or end result

Estimate some of the resources that are needed to deliver the desired product, service, or end result

Evaluate the time it will take to deliver the desired product, service, or end result

Guess how much money it will cost to deliver the desired product, service, or end result

Answers

Stating in an answer for future reference, it's A, "Determine the overall work that needs to be completed to deliver the desired product, service, or end result".

No "Tutor" needed.

To ensure that work gets done, Jonah engages in initiating structure by assigning tasks to members of his department, creating schedules, reminding his staff to adhere to the organizational rules, and ______.

Answers

The answer is motivating everyone to do a good job by promoting organizational goals

can be in form of a written summary of the findings of a required investigation or a particular problem
A) presentation
B) itinenaries
C) reports
D) notices

Answers

The answer is C) reports
Other Questions
the nurse is admitting a client to the hospital unit with a diagnosis of marasmus. this diagnosis is most likely secondary to what? group of answer choices Consider the following scenario and answer questions based on it.Lesotho and Botswana are to engage in the trade of maize and bananas.Each country has an equal amount of resources required to produce both maize and bananas. 500 units of resources are available in each country.In Botswana it takes 5 resources to produce one ton of bananas and 20 resources to produce one ton of maize.In Lesotho it takes 25 resources to produce one ton of bananas and 5 resources to produce on ton of maize.Questions:3.1 If Botswana were to produce bananas only and no maize, how many tons would it produce? (1)3.2 If Botswana were to produce maize only and no bananas, how many tons would it produce? (1)3.3 If Lesotho were to produce bananas only and no maize, how many tons would it produce? (1)3.4 If Lesotho were to produce maize only and no bananas, how many tons would it produce? (1)3.5 Based on the answers given from 3.1 to 3.5 above, sketch the answers on the production possibility curve, clearly label your graph. (2)3.6 Based on the answers given from 3.1 to 3.5 above, which country would you encourage to specialise in the production of maize and bananas respectively? Why?(2)3.7 Suppose each country decides to dedicate half of their total resources towards the production of both bananas and maize, how many tons of both bananas and maize would each country consume, also show the "total world" output, record these values under the heading: Consumption before trade (5)3.8 Suppose these countries enter into a trade agreement that would see each specializing only in a product which they have absolute advantage in, has total world output improved? By how much? (for each product). (4)3.9 If they decide to exchange (on one-to-one price base) half of their specialised products, compared to consumption before trade, how has specialisation impacted on individual consumption? What about the world output? (2)3.10 Are countries better off trading against each other or not? Substantiate your answer with your previous answers. (2) Two identical planets orbit a star. One is four times as far from the star as the other. The more distant planet experiences ____ as much gravitational force from the star as the closer planet Olga Bonita is a nutritionist. She has family medical coverage through her employer. The annual cost of Olga's family membership is $10,800. The company pays 70% of the cost. How much does she have deducted from her biweekly paycheck for medical insurance? The sequences of amino acids that make up a protein molecule are specified by:a. age.b. sex.c. heredity.d. the diet. A 'variable' is defined as when a characteristic of interest differs in kind or degree among various observations. True or false Question 8In the figure below, the area of Square 1 is 169 cm2 and the perimeter of Square 2 is 48 cm. What is the area of Square 3? "Can someone help me work through this? Estrada Corporation produced 215,000 watches that it sold for \( \$ 17 \) each. The company determined that fixed manufacturing cost per unit was \( \$ 8 \) per watch. The company reported a \( \$ 645" Everyday responsibilities that can limit or restrict regular exercise include __________. A. work schedule B. time spent commuting C. completing school work D. all of the above Please select the best answer from the choices provided. A B C D simplify: 7(3x-4)pls help Essay Question: Write 5 complete sentences answering "How did industrialization andprosperity change Latin American societies?" 2,discuss on the nature; significance OF OR 3,discuss on the dit types OF OR Models .Ansel wants to borrow $10,000 from the Hampton County Bank. They offered him a 6-year loan with an APR of 6.35 %. How much will he pay in interest over the life of the loan ? Price can be substituted for marginal revenue in the MR=MC rule when an industry is purely competitive because:A. price is the same as average revenueB. price is constant regardless of the quantity demandedC. price minus cost equals MRD. price and MC are the same in pure competition Alice is x years younger than Bob, how old is Bob? What effect did the Edict of Milan have? Why is the sodium hydroxide added to the aspirin before the addition of iron chloride? Back to Assignment Attempts Keep the Highest/3 8. Collusive outcome versus Nash equilibrium Consider a remote town in which two restaurants, All-You-Can-Eat Caf and GoodGrub Diner, operate in a duopoly. Both restaurants disregard health and safety regulations, but they continue to have customers because they are the only restaurants within 80 miles of town. Both restaurants know that if they clean up, they will attract more customers, but this also means that they will have to pay workers to do the cleaning. If neither restaurant cleans, each will earn $12,000; alternatively, if they both hire workers to clean, each will earn only $9,000. However, if one cleans and the other doesn't, more customers will choose the cleaner restaurant; the cleaner restaurant will make $16,000, and the other restaurant will make only $4,000. Complete the following payoff matrix using the information just given. (Note: Al-You-Can-Eat Caf and GoodGrub Diner are both profit-maximizing firms.) GoodGrub Diner Clean Up Doesn't Clean Up 3 5 As You Can Cat Cafe Clean Up Doen Clean Up $ and AR-You-Can-Eat Can and GoodGrub Diner decide to collude, the outcome of this game is as follows: All-You-Can-Eat Caf GoodGut One If both restaurants decide to cheat and behave noncooperatively, the outcome reflecting the unique Nash equilibrium of this game is as follows: Ab Yi-Can-Eat Ca Y and GoodGni Der Grade It Now Save & Continue Continue without saving During her labor Rene asked for a mild dose of painkillers to help her relax Rene will probably be given The _______________ is the maximum amount of available credit a cardholder may access