Answer:
Brand survey.
Explanation:
Market research can be defined as a strategic technique which typically involves the process of identifying, acquiring and analyzing informations about a business. It involves the use of product test, surveys, questionnaire, focus groups, interviews, etc.
Similarly, secondary market research can be defined as a method designed to determine the demographics of a particular target market.
Hence, brand survey is a form of market research and analysis that involves making inquiries from the users of a company's product to find out whether or not they are satisfied and to determine how to better the service and product.
This ultimately implies that, brand survey is a strategic process that typically involves analyzing what your customers think of your brand.
Answer:
Brand Equity
Explanation:
Just took the test
You live in a culture in which people grow their own food and rarely have to buy food from others.One day,a researcher from the United States asks you to play the Dictator Game with a stranger.You are given $50 and you must decide how much to give to the stranger.Based on all the information given in this question,which of the following amounts are you NOT likely to give?
A)$0
B)$5
C)$13
D)$15
E)$25
Answer: $25
Explanation:
The Dictator game is used to measure just how much a person will act out of self interest especially give their surrounding. One person will be the dictator and the other a recipient who would be a stranger. The dictator will decide how much they are to give the recipient.
You live in a culture where you do not have to buy food and as this is a significant expense for humans, it means that you do not need much money. Regardless of this however, it has been shown that people would not give out the majority of their money which means that you would not give out 50% or above of the money.
As 50% is $25 here, that would be the correct option.
Choose the correct statement. A. A check is money because while it is in circulation the quantity of money increases by the amount of the check. B. Currency is money and credit cards are money because they are means of​ payment, but deposits are not money. C. Deposits are​ money, checks are not​ money, and credit cards are not money. D. A credit card is money because it allows you to take a loan at the instant you buy something.
Answer:
C. Deposits are money, checks are not money, and credit cards are not money.
Explanation:
Money can be defined as any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world. Thus, it's any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.
Simply stated, money refers to any asset which can be used to purchase goods and services by customers.
This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.
In this context, the true and only correct statement is that, deposits are money, checks are not money because they are not a legal tender, and credit cards are not money because it's a plastic card used for e-commerce based on money being in the account of the holder.
Fixed expenses are $499,000 per month. The company is currently selling 5,000 units per month. The marketing manager would like to cut the selling price by $13 and increase the advertising budget by $33,000 per month. The marketing manager predicts that these two changes would increase monthly sales by 900 units. What should be the overall effect on the company's monthly net operating income of this change
Answer:
decrease of $8,900
Explanation:
Use the following formula to calculate the net operating income
Net operating income = Sales - Variables cost - Fixed cost
At Current Sales Level
Sales = 5,000 x $160 = $800,000
Variable cost = 5,000 x $48 = $240,000
Fixed cost = $499,000
Placing values in the formula
Net Operaitng Income = $800,000 - $240,000 - $499,000 = $61,000
At Increased Sales level
Sales = 5,900 x ($160-$13) = $867,300
Variable cost = 5,900 x $48 = $283,200
Fixed cost = $532,000
Placing values in the formula
Net Operaitng Income = $867,300 - $283,200 - $532,000 = $52,100
Now calculate the change in net operating income
Change in net operating income = Net operating income at current sales - net operating income at increased sales = $61,000 - $52,100 = $8,900
Hence, Net operating income is decreased by $8,900
The business management department at a local university began posting all assignments and other class materials to a learning management course website instead of creating a packet or printed materials for students to purchase each term. The business management department is implementing a ________ innovation. Group of answer choices product reactive policy breakthrough process
Answer:
Process
Explanation:
From the question we are informed about The business management department at a local university which began posting all assignments and other class materials to a learning management course website instead of creating a packet or printed materials for students to purchase each term.
In this case, The business management department is implementing a process innovation.
A process innovation can be regarded as implementation of a new production as well as delivery method, it can also be implementation of improved production as well as delivery method. It encompass making a significant changes in techniques as well as the equipment or software that is been used in the production process.
The aggregate demand curve A. differs from individual demand curves in that the aggregate demand curve looks at the entire circular flow of income and product while the individual demand curve looks at only one good. B. is like individual demand curves in that prices of other goods are held constant. C. differs from individual demand curves in that the aggregate demand curve is not downward sloping. D. is like individual demand curves in that income is constant.
Answer:
A. differs from individual demand curves in that the aggregate demand curve looks at the entire circular flow of income and product while the individual demand curve looks at only one good.
Explanation:
An aggregate demand curve is a graphical representation which represents the relationship between the total quantity of the output demanded which is measured as the real GDP and its price level which is measured as an implicit price deflator.
The aggregate demand curve looks at both the circular flow of the income as well as the product whereas the individual demand curve is responsible for only one, keeping the other constant.
Hence, the correct option is option (A).
The global environment affects all of the other environmental influences such as the economic, legal, and social environments because _____. Multiple choice question. the increase in free trade among nations and technological changes have created globalization and decreased competition economies are reducing their interactions with one another to reduce debt the increase in free trade among nations and technological changes have created globalization and increased competition it provides a smaller technical base for those who want to communicate more often
Answer:
the increase in free trade among nations and technological changes have created globalization and increased competition.
Explanation:
The global environment impacts the other environment like economic, legal and social as there should be rise in the free trade that should be between the nations also there is a technological changes that developed the globalization due to which the competition should be increased
therefore the above statement is correct
Bogart Company is considering two alternatives. Alternative A will have revenues of $160,000 and costs of $100,000. Alternative B will have revenues of $180,000 and costs of $125,000. Compare Alternative A to Alternative B showing incremental revenues, costs, and net income. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
Explanation:
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Answer:
sex Kar le ladki me sath sab hoga
Explanation:
mia khalifa me sath karna or Mera name Lena to free me karegi.
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Suppose that an economy consists of only two individuals. Jeremy has $1690 available to spend on goods. He decides to purchase $470 worth of produce from Michele in the current quarter. No other economic activity takes place during the current quarter. Using this information, answer the questions. For the current quarter, what is the economy's income?
Answer:
$470
Explanation:
The calculation of the economy income is given below:
Since $1,690 spend on goods and then he decided to purchase for $470 in order to generate it
So here we can see that there is one and only economic activity that took place at the present quarter that is of $470
Therefore the economy income is $470
Markets may have difficulty providing the proper quantity of a public good because Group of answer choices individuals will tend to become free riders, and private firms will have difficulty generating enough revenue to produce an efficient quantity of the good. the good generally has a very large value to consumers relative to its cost of production. the good is one that tends to benefit a large number of people. the large profit involved in the production of a public good is generally too much for private firms to effectively pay out to shareholders.
Answer:
individuals will tend to become free riders, and private firms will have difficulty generating enough revenue to produce an efficient quantity of the good.
Explanation:
A public good is a good that is non excludable and non rivalrous. Everyone has assess to the statue and because one person is enjoying the view of the statue does not means another person cannot enjoy the view of the statue
The free rider problem is a form of market failure. It occurs when people benefit from a good or service of communal nature and do not pay to enjoy these services.
Because a public good is non-excludable, the problem of free rider increases so private firms would be unable to generate adequate revenue
Many organizations will apply for temporary permits that allow which of the following activities?
Sell alcohol to members in a private club.
Promote and enhance the sale of an alcoholic beverage on behalf of a brewer or winery.
. Offer in-store wine and beer samples.
• •
Sell alcohol at locations where beverages are not usually sold for on-premise consumption.
The correct answer is "Sell alcohol at locations where beverages are not usually sold for on-premise consumption."
Many organizations will apply for temporary permits that allow selling alcohol at locations where beverages are not usually sold for on-premise consumption.
This usually happens when the organization is having a special event in the company, a celebration, or any activity in which they are gathering many people. As part of their activities and options to entertain the guests, this company wants to sell alcoholic beverages because it is a good way to get some money.
So this could be special celebrations, tournaments, sports contests, festivals, expos & fairs, and some other event of a certain magnitude.
A man of seemingly modest means died, leaving his nephew as his sole heir. Among the items inherited by the nephew were some old oil paintings. The nephew knew nothing about art and had no place to put the paintings in his home. He placed an ad in the paper offering to sell the paintings at a price to be mutually agreed upon. A buyer for an art gallery responded to the ad. The buyer did not identify himself as an art gallery buyer or tell the nephew that he was knowledgeable about art. Rather, he concocted a story about wanting the paintings for his country estate. The nephew, for his part, revealed his lack of knowledge about art when he told the buyer that his uncle had probably painted the pieces himself. From the signature and the style, the buyer recognized that the artist was a renowned 19th century American portrait artist. The nephew and the buyer agreed upon a price and executed a contract. However, before the nephew delivered the paintings to the buyer, or the buyer paid him, he sought to rescind the contract. The buyer insisted that the nephew deliver the paintings to him and threatened to sue for breach of contract if he did not. Which argument would give the nephew the best basis for rescinding the contract with the buyer
Answer:
The response to these questions can be defined as follows:
Explanation:
In the given scenario, the buyer was requested that perhaps the nephew give him the paintings and threatened to sue if they did not. Because the nephew said to the buyer that uncle possibly has painted the nephew's painting are used to give them the best basis to cancel the agreement with both the buyer.
An elderly woman entered into a contract with a company in the business of providing home care services. Believing that she had been duped by representatives of the company, the woman commenced an action in federal court, properly based on diversity, seeking rescission of the contract. The company answered, denying the principal allegations of the woman's complaint and asserting a counterclaim against the woman for breach of contract. In addition, the company timely served a demand for a jury trial. The woman did not. Which statement best describes the roles of the judge and jury as finders of fact in the trial of the parties' claims
Answer: The jury will first determine the issues relating to the breach of contract claim, and the judge will determine the issues relating to the rescission claim that have not already been resolved by the jury.
Explanation:
Based on the information given in the question, the statement which best describes the roles of the judge and jury as finders of fact in the trial of the parties' are that the jury will first determine the issues relating to the breach of contract claim, and the judge will determine the issues relating to the rescission claim that have not already been resolved by the jury.
patron at a resort ranch took part in a supervised horseback trail ride. Prior to the ride, the patron executed a valid release that enumerated the inherent risks of horseback riding and, by its terms, relieved the resort from liability from any loss, damage, or injury to the guest's person or property suffered during the ride attributable to the negligence of the ranch or its employees. The patron was injured by a fall from the horse. The horse reared in response to negligent behavior of another rider. The patron filed suit against the ranch and the other rider for damages resulting from his injuries that totaled $400,000. At trial, it was determined that the ranch was 75 percent at fault for the patron's injuries due to its selection and training of the horse and that the other rider was 25 percent at fault. The applicable jurisdiction recognizes the validity of such releases and has enacted both a modified comparative negligence statute and pure several liability statute. How much can the patron recover from the other rider
Answer:
Nothing.
Explanation:
In normally, the parties to the contract could disclaim the liability for the negligence. The exculpatory provision in a contract means there should be recovery with respect to the harms that occurs from the party negligence that are protected by the contract.
This should be applied even in the case when the state has adopted the comparative negligence statute
So nothing should be recovered
(I will MARK AS BRAINLIEST)
what is journal? Mention it's objectives with specimen.
And if u can plz make me clear about specimen meaning
please help.
it's urgent please please
Answer:
See the explanation below.
Explanation:
a. What is journal?
A journal refers to a book of original entries that contains a chronological record of commercial transactions in line with the double entry principle.
As a result, a journal can be described as a book that keeps track of business transactions on a daily basis.
b. Mention objectives of a journal
The objectives of a journal are as follows:
To present necessary information in a logical and orderly manner.To keep a systematic record of all financial transactions.Assist in the preparation of ledgers.To keep track of transactions in a data-driven (chronological) manner.To offer legal proof of commercial transactions.c. Journal Specimen
Note: See the attached photo for a journal specimen
A journal specimen simply refers to an example of how a journal look like. The attached photo provides a set of transactions (question) at the top and journal specimen (answers or entries for recording the transactions below the question.
From the attached photo, it can be observed that a journal must contain the following columns:
Date: This indicates the date that a transaction occurred.Particulars: This gives records of the accounts to be debited and the account be credited Ledger folio (LF): This records the ledger account's page number where the posting has been made.Debit: This shows amount that is debited. Credit: This shows amount that credited.Charlotte knows that John's support will be essential in having her proposal accepted by senior management, so she meets with him informally. "I'd like to get your thoughts on the best approach on getting the staff trained on the new software," she says. "What are your thoughts on the next steps I need to take to get management's approval?" Which influence tactic is Charlotte using?
Answer:
consultation
Explanation:
From the question we are informed about Charlotte knows that John's support will be essential in having her proposal accepted by senior management, so she meets with him informally. "I'd like to get your thoughts on the best approach on getting the staff trained on the new software," she says. "What are your thoughts on the next steps I need to take to get management's approval?" In this case, influence tactic is Charlotte using consultation.
Consultation can be regarded as an influence agent's that seeks help from others by directly influencing another person or group. This tactic focuses on ways to gett others so they can participate in a particular planning process as well as making decisions. This tactic also encourage changes. In this tactic the person that is needed to make participation is first put in good mood before the making of a request, this could be through been friendly or being helpful to him or her.
Do you think it would be ethical for a CPA to have someone else do for them what they are prohibited from doing by the AICPA Code of Professional Conduct?
Answer:
The description of the given question is described in the below section.
Explanation:
CPA is responsible for raising its opinion against another unethical conduct. An individual can't bear his/her responsibilities by enabling staff to act unethically besides stating that it is not a contribution to knowledge.Whether this is damaging to certain other persons as well as the organization stakeholder, this same CPA should take appropriate harsh measures against these employees.explain the importance of an office for the successful functioning of organisation ? (Long question answer)
Answer:
An office is a location the management of a business can use for the planning, organization, control, direct, and recruit staffs for a business. An office is the place information records are kept and it is used as the channel through which the business makes communication with other businesses, individuals and the public.
The smooth operations of an organization requires the availability of an office as it is the place the business activities are performed
An office is as important to an organization as the brain is to the body of a living organism
Explanation:
Juan is in a management development program with Cisco, a worldwide leader in information technology, networking, and cyber security solutions. Cisco is a manufacturer known for its routers, switches, and wireless units, but it has seen an increase in revenues related to services such as cloud computing. It's no surprise that services account for _______ percent of the economic output of the United States.
Answer:
"80" is the appropriate solution.
Explanation:
Cisco would be renowned for some of its gateways, exchanges as well as wireless connectivity, although sales from offerings which including cloud computing increased, their companies will benefit.It would hardly be surprising that fundraising activities about eighty percent of the Overall States' economic activity.Lupe's recorded balance was off by $43, and she thinks that it's because she made a mistake in her records. What mistakes did she make?
Answer:
Lupe made a mistake when she recorded her paycheck in the wrong column. She also failed to record one of her purchases.
Explanation:
Note: This question is not complete as the attachment is not included. The complete question is therefore provided before answering the question by providing the attachment. See the attached photo for the attachment.
The explanation of the answers is now provided as follows:
From the attached photo, it can be observed that the paycheck of 11/15 was wrongly entered in the Payment Amount column instead of the Deposit amount column.
In addition, Lupe forgot to record her $12 Debit Purchase of 11/7 as shown in the Checking Account Statement from Anytown Bank.
Therefore, Lupe made a mistake when she recorded her paycheck in the wrong column. She also failed to record one of her purchases.
Willingness to pay Group of answer choices measures the value that a buyer places on a good. is the amount a seller actually receives for a good minus the minimum amount the seller is willing to accept. is the maximum amount a buyer is willing to pay minus the minimum amount a seller is willing to accept. is the amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it.
Answer:
measures the value that a buyer places on a good.
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.
Willingness to pay measures the value that a buyer places on a good or product. Thus, when this value is high, the customer would ultimately buy a product and vice-versa.
The North Carolina owner of a secluded area adjacent to the Atlantic Ocean noticed that people from town walked along the shore in front of this property. The owner learned that the local citizens had been walking along this beach for years. The owner went to court to try to stop people from walking along the water's edge in front of the property. The owner is likely to be
Answer:
unsuccessful, because the owner's property extends only to the high-water mark and the public can use the land beyond this point.
Explanation:
In the given scenario the owner of the property needs to be aware of the boundaries of his property.
For properties that are located adjacent to an ocean, the boundary is at the high-water mark.
Any other land along the shore is not considered part of the property.
In the given scenario the owner of the property will not be able to stop people from walking along the shore because they are walking beyond the limits of his property
A sofa sold at four different stores has a retail price of $1,200. Each store is offering a different promotion
Store A: 10% off sale
Store B: $100 off coupon
Store C: $75 off coupon
Store D: $150 rebate
Which offers the best deal?
Answer:
Option D will choose
Explanation:
Given:
Retail price of sofa cost = $1,200
Store A: 10% off sale
Store B: $100 off coupon
Store C: $75 off coupon
Store D: $150 rebate
Find:
Best deal
Computation:
Store A: 10% off sale
So,
Store A price = 1200[100% - 10%]
Store A price = 1,080
Store B: $100 off coupon
Store B price = 1200 - 100
Store B price = 1,100
Store C: $75 off coupon
Store C price = 1200 - 75
Store C price = 1,125
Store D: $150 rebate
Store D price = 1200 - 150
Store D price = 1,050
Option D will choose
Answer:
Store D
Explanation:
edge 2021
what factors affect the process of planning?
Answer:
Answer to the following question is as follows;
Explanation:
Several factors also influence the sort of planning application that must submit as well as the result of our planning permission.
Nature, animals, and biodiversity, as well as planning permission policies , Regulations, construction, and so on Statement of design, statement of design and accessibility, statement of design, statement of design, statement of design Environment Healthcare, Ecology
The plaintiff is a State A corporation that entered into a contract with the defendant under which the defendant agreed to manufacture and sell equipment to the plaintiff. The equipment is heavily regulated by the federal government. The plaintiff plans to sue the defendant for $1 million because the equipment does not conform to the contract specifications and does not operate properly. The defendant is incorporated in State B, but all of its facilities and offices are in State A. Would a federal district court have subject matter jurisdiction over the plaintiff's action
Answer: No, because all of the defendant's facilities and offices are in State A.
Explanation:
Following the information given in the question, a federal district court cannot have subject matter jurisdiction over the plaintiff's action.
In this case, there's no subject matter jurisdiction by the court as theres subject matter jurisdiction when there is full diversity of citizenship, and the amount of controversy is more tha $75,000.
ABC Corporation owns a factory. They are selling the factory to Amalgamated Corp. The lawyer for ABC Corporation writes the deed with all of the required elements, and it is signed by Bill Smith. Bill is the president of ABC Corporation, but it doesn't say so on the deed, nor is there a corporate seal. Is this a valid real estate transaction
Answer:
Likely not. There is no indication that Bill Smith had the authority or capacity to sign on the corporation's behalf.
Explanation:
Since in the situation it is mentioned that there is no corporate seal on the deed neither it is to be said so this is not a valid real estate transaction as there is no signal that bill smith have an authority or the capacity for signing on the behalf of the corporation
So the above statement represent an answer
Investigar:
¿Qué es la factura?
¿Qué es la Nota de venta?
¿En que momento se usa la factura?
¿En que momento se usa la nota de venta?
¿Por qué el bazar del barrio no da factura ni nota de venta?
CONVERSE CON EL SEÑOR DEL BAZAR DE SU BARRIO PARA CONOCER QUE DOCUMENTOS DEBE TENER PARA QUE EL FUNCIONAMIENTO DE SU NEGOCIO SEA LEGAL Y CORRECTO
La respuesta correcta para esta pregunta abierta es la siguiente.
Desafortunadamente, no especificas a qué país te refieres, ya que cada país tiene un régimen fiscal distinto, y los comercios están obligados a declarar impuestos de acuerdo a la legislación vigente en cada país.
Para poder responder a tus preguntas, lo haremos en términos generales ya que no mencionas cuál es tu país.
¿Qué es la factura?
La factura es el comprobante oficial al que obliga el gobierno, a través de la Secretaría de Hacienda y el Servicio de Administración Tributaria (SAT). La factura es el comprobante oficial que respalda la compra-venta de un artículo, producto o servicio, y donde se demuestra que se cobro el impuesto por la adquisición de la mercancía.
¿Qué es la Nota de venta?
La nota de venta es un comprobante de control interno que no tiene validez oficial para comprobar el consumo y el cargo del impuesto. La nota de venta sólo la ampara el mismo negocio que la elaboró, el sistema de administración tributario.
¿En que momento se usa la factura?
La factura se usa cuando se requiere elaborar un comprobante oficial que posteriormente pueda ser usado en la declaración mensual de impuestos o en la declaración anual, para que se puedan deducir los impuestos retenidos.
¿En que momento se usa la nota de venta?
Cuando sólo se quiere entregar un comprobante de compra, sin aplicar el impuesto al valor agregado.
¿Por qué el bazar del barrio no da factura ni nota de venta?
Porque probablemente es un pequeño comercio, y no está obligado a facturar. Sólo a dar comprobantes. Los pequeños comercios tributan o pagan impuestos de manera diferente. Son considerados pequeños contribuyentes y por lo regular se les asigna una cuota fija, siempre y cuando no rebasen una cantidad establecida por la autoridad hacendaria.
Platicando con el dueño de la papelería del barrio, él me comenta que el municipio sólo le pido una licencia de uso de suelo para que pueda operar su negocio. Esa licencia de funcionamiento tiene un costo único que debe ser renovad anualmente. El es pequeño comerciante y debe pagar una cuota fija de manera trimestral.
nternal control systems are: Multiple Choice Developed by the Internal Revenue Service for all U.S. companies. Developed by the Securities and Exchange Commission for public companies. Required by Sarbanes-Oxley (SOX) to be documented and certified if the company's stock is traded on an exchange (a public company). Developed by the Small Business Administration for non-public companies. Required only if a company plans to engage in interstate commerce.
Answer:
Required by Sarbanes-Oxley (SOX) to be documented and certified if the company's stock is traded on an exchange (a public company).
Explanation:
Internal controls can be defined as the policies, set of rules, and procedures implemented or put in place by an organization to protect its assets, boost efficiency, enhance financial accountability, enforce adherence to company policies and prevent fraudulent behaviors among the employees.
The purpose of internal controls is that companies use strong internal controls to guarantee that loss is eliminated as there's an accurate and reliable accounting system.
Basically, an internal control involves the timely use of both internal and external sources of auditing or financial reporting and as such enhance the maintenance of accurate and proper financial records which would also improve their operational efficiency.
Internal control systems are required by Sarbanes-Oxley (SOX) to be documented and certified if the company's stock is traded on an exchange (a public company).
A factory machine was purchased for $375,000 on January 1, 2015. It was estimated that it would have a $75,000 salvage value at the end of its 5-year useful life. It was also estimated that the machine would be run 40,000 hours in the 5 years. The company ran the machine for 4,000 actual hours in 2015. If the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2015 would be
Answer:
the depreciation expense for the year 2015 is $30,000
Explanation:
The computation of the depreciation expense for the year 2015 is shown below:
Depreciation Expense is
= Cost - salvage value
= $375,000 - $75,000
= $300,000
Now
Depreciation Expense for 2015 is
= (Actual hours in 2021 ÷ Total hours) Depreciation
= (4,000 ÷ 40,000) × $300,000
= $30,000
Hence, the depreciation expense for the year 2015 is $30,000
3. Hãy nêu quan điểm của Anh (chị) về câu nói sau đây và đưa ra những dẫn chứng cụ thể lien quan đến nghiệp vụ nhân viên Lễ tân để làm cơ sở chứng minh cho qua điểm của mình: "Một dịch vụ tốt có thể bù đắp cho một sản phẩm kém, tuy nhiên một sản phẩm tốt không thể bù đắp cho một dịch vụ kém."
Answer:
Maybe on hoteljob has but has been deleted T T
Explanation:
Suppose that labor is the only variable input to the production process. If the marginal cost of production is diminishing as more units of output are produced, what can you say about the marginal product of labor? If the marginal cost of production is diminishing as more units of output are produced, then the marginal product of labor
Answer:
Marginal product will increase.
Explanation:
Since the labor is only variable input and the marginal cost of production is diminishing that means the cost of producing additional unit is lower. So marginal product of labor will be increasing.
Moreover, MC = w /MPL
Thus, diminishing marginal cost will exhibit increasing marginal product of labor.
