How can businesses easily avoid any conflict or confusion in situations involving gift-giving within the business context?
a. Make it clear that everyone should expect gifts from customers
b. Include a bribe/gift section in the business policy or code of conduct
c. Hold a weekly informational meeting on bribes/gifts
d. Give each employee a quarterly gift to satiate their urge to give/receive gifts

Answers

Answer 1

Business can easily avoid conflict/confusion in the situation of giving gifts in business context by including a section on  bribe/gift in business policy or code of conduct

Why is a gift a conflict of interest?

Giving or receiving personal gifts can influence personal decisions and can create conflicts of interest. Employees and insured persons are considered to have received a "gift" when an individual, designee or family member is given something of value for their own benefit.

How do avoid conflicts of interest?

The most effective way to avoid conflicts of interest is to follow ethical standards. Ethical behavior includes honesty, fairness, accountability, objectivity and confidentiality.

Is it ethical to give gifts while doing business?

Trusted rules of thumb for workplace gifts: Gifts must flow down the regulatory reporting line, not above it. For example, bosses and managers can give presents to their direct reports, or employees can exchange gifts side by side. However, employees should not give gifts to managers.

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Related Questions

The extended warranty on a ceiling fan is 18% of the purchase price. if the price of the fan is $140, how much is the warranty?
a. $7.78
b. $25.20
c. $18.72
d. $12.86

Answers

An extended ceiling fan warranty costs 18% of the original purchase price. The warranty is $25.20 if the fan costs $140.

Cost and purchase prices are they equivalent?

Cost is typically the outlay made for producing a good or providing a service that is offered by a business. The cost of a product or service is determined by the customer's willingness to pay. The price of a product as well as the profit made from its sale are directly impacted by the cost of manufacturing it.

What is the cost of buying a business?

The acquisition price is the gross value of the company, which may be exaggerated if the buyer needs operating capital and may also include debt that needs to be repaid.

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gilliam industries records revenue of $6.4 million for an accounting period. in that same accounting period, they have a beginning balance of $392,000 and an ending balance of $439,000 in the accounts receivable account. how should the cash flows from operating activities be adjusted to account for these items? why? assume gilliam uses the indirect method.

Answers

Gilliam industries will have to adjust for the change in Accounts Receivable.

Revenue recorded = $6.4 million

Beginning balance = $392,000

Ending balance = $439,000

The amount of net income must be adjusted to account for operating items that typically affect net income alone when calculating cash flow from operating activities using the indirect method.

Calculating the change in accounts receivable

= Beginning balance - Ending balance

= 392,000 − $439,000

= - 47,000

In order to account for the change in Accounts Receivable, Gilliam industries will need to reduce cash flows from operating activities by $47,000. As a result, the business will need to make adjustments for the change in Accounts Receivable.

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the custodian of a $450 petty cash fund discovers that the fund has $57.70 in coins and currency plus $386.50 in receipts at the end of the month. the entry to replenish the petty cash fund will include:

Answers

The entry to replenish the petty cash fund will include a credit to cash for $444.2.

When regular purchasing techniques are impractical, such as when buying office supplies or paying employees, a tiny sum of money called petty cash is utilized instead. Periodic reconciliations of a petty cash fund are performed, and transactions are also noted on the financial statements. Each department may have its own petty cash pool in larger corporations.

The entry to replenish the petty cash fund amount will include: Fund amount : $450 - Used Fund amount  :$450 - $386.50 = 63.5  cash on hand - remaining ; $63.5 - $57.70 = $5.8 Used + remaining ; $386.50 + $57.70 = 444.2As a result, a credit to cash for $444.2.

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Ray lends $3,500. 00 to aron at a simple interest of 15% per year. Aron returned him $3,000. 00 and a watch after 2 years to clear the account. What is the price of the watch?.

Answers

With that simple interest on Ray and Aron's borrowing, the watch costs $1,550.

How can I determine the watch's price?

The cost of the item would be the sum that, when joined toward the $3, 000 already paid, would cover the remaining $3, 500 of Ray's obligation.

Briefing:

First, find the total amount to be paid back:

= Loan amount + ( Loan amount x simple interest x number of years )

= 3, 500 + ( 3, 500 x 15 % x 2 )

= $ 4, 550

The value of the watch is:

= Total to pay back - Amount brought in cash

= 4, 550 - 3, 000

= $ 1, 550

Therefore, the price of the watch is  $ 1, 550.

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Employers who provide health insurance to their employees must ensure that the employees’ health information is not disclosed to unauthorized parties.
a. True
b. False

Answers

Employers who provide health insurance to their employees must ensure that the employees’ health information is not disclosed to unauthorized parties is a true statement.

The statement is true because Employers who offer health insurance to their workers are obligated to safeguard the privacy of that information. This is usually accomplished by utilizing confidentiality agreements, securely storing medical documents, and limiting access to only authorized people.

The Health Insurance Portability and Accountability Act (HIPAA) of 1996 is the federal statute that protects the confidentiality of medical information. The law guards employees' privacy at work by forbidding the unapproved sharing of their health information to third parties like employers. The restrictions essentially protect the privacy of all past, present, and future employee medical data. HIPAA violations may incur hefty fines and penalties.

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What type of bank accounts allows you to deposit money keep it safe and withdraw funds all while earning interest?

Answers

An interest-bearing deposit account kept at a bank or other financial institution is referred to as a savings account. Despite the relatively low interest rates offered by these accounts, their security and dependability make them a fantastic choice for keeping cash on hand for urgent needs.

A savings bank account is a type of deposit account that can be held by a bank, building society, or other financial institution. You can make one-time or monthly deposits into your savings account, and you will earn interest on the remaining balance. There are several types of accounts, and some have limitations on deposits and withdrawals. You can open a savings account and deposit funds into it at a bank or credit union. The bank will then add interest to your balance. You can continue to add money to your savings using one or more of the following strategies, depending on the bank: ATM check or cash deposits.

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__________ are a part of big data analytics that allow a company the opportunity to analyze location data from mobile phones of employees.

Answers

Geolocation analytics are a part of big data analytics that allow a company the opportunity to analyze location data from the mobile phones of employees.

Geolocation analytics involves using data from mobile devices to track and analyze the location of individuals over time. This can be useful for companies in a variety of industries, such as retail, logistics, and transportation, as it can provide insights into the movements and behavior of employees. Geolocation analytics can be used to improve efficiency and productivity, optimize routes and schedules, and identify potential areas for improvement.

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if a bond offers an investor 4% in nominal return during a year in which the rate of inflation is 2%, then the investor's real return is: a. 1.96% b. 1.90% c. 1.93% d. 1.91%

Answers

The investor just obtains the real return after accounting for the rate of inflation. The math is simple: if a bond earns 4% in a particular year and inflation is now at 2%, the actual return is 2%.

How do you determine a bond's nominal rate of return?

The Absolute Rate of Return Calculation Process. Calculate the investment's current market value by deducting the initial investment's principal (or initial investment value) (or at the end of the investment period). Divide the outcome obtained from the numerator by the sum of the initial investments.

What is an example of a nominal rate?

In banks, the nominal rate is frequently used to describe payment on various loans.

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which type of analytics is used to know the effect of product price on sales. question 26 options: a) forecast b) prescriptive c) descriptive d) predictive

Answers

To understand how a product's pricing affects sales, the descriptive kind of analytics is used.

Using descriptive analytics, you can better understand how changes in a firm have changed by analysing historical data. Decision-makers have a comprehensive understanding of performance and trends on which to base corporate strategy by using a variety of historical data and benchmarking. In fact, it's one of the initial steps in decision-making in all kinds of businesses. Descriptive analytics, which uses basic arithmetic, data visualisation tools like pie charts, and statistical tools, gives crucial information on how firms generally operate and is crucial to day-to-day operations. Traditional business intelligence and visualisations like pie charts, bar charts, line graphs, tables, or created narratives are used in descriptive analytics, which is the analysis of data or information to determine "what happened."

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31. twenty-first-century corporations will increasingly see their structure become an elaborate network of external and internal relationships. this is known as:

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Twenty-first-century corporations will increasingly see their structure become an elaborate network of external and internal relationships. this is known as a functional structure.

A company is an business enterprise—normally a set of human beings or a organization—legal via the country to act as a single entity (a felony entity diagnosed through personal and public law "born out of statute"; a felony character in prison context) and recognized as such in regulation for positive purposes.[1]: 10  Early incorporated entities had been established by charter (i.e. via an ad hoc act granted by a monarch or exceeded by means of a parliament or legislature). maximum jurisdictions now allow the advent of latest groups through registration. organizations come in many differing types however are commonly divided with the aid of the law of the jurisdiction in which they are chartered primarily based on  factors: by way of whether they could problem inventory, or by means of whether they're shaped to make a income.

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linda has never worked as a manager before, but she was just promoted to a directorial position at her firm. she just had her first conversation with hr to strategize around how she can both reward her employees and also combat the negative effects of stress for her team. she is considering offering benefits in the form of _________ and __________ in order to keep her team positive and productive.

Answers

Linda has never worked as a manager before, but she was just promoted to a directorial position at her firm. She is considering offering benefits in the form of flexible scheduling and leisure time in order to keep her team positive and productive.

A stressful workplace can aggravate conditions including headache, nausea, sleep disruptions, irritability, and difficulty focusing. Anxiety, sleeplessness, high blood pressure, and a compromised immune system can be brought on by ongoing stress. Stress-reduction methods include mindfulness, deep breathing exercises, and meditation.

An alternative to the standard 9 to 5 job with a 40-hour work week is a flexible work schedule. It gives workers the flexibility to change their arrival and/or leave timings. Leisure is frequently characterized as a type of experience or as unstructured time. Free time is time spent not engaged in business, employment, household tasks, education, or other essential activities like eating and sleeping.

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if you have 120 shares of apple common stock ($171.05 per share) and 90 shares of amazon common stock ($1162.35 per share) in your portfolio, what is the expected return on your portfolio? (15 points)

Answers

Expected rate of return on portfolio is -1.003%

Calculation on expected return

Investments in-
Apple stock= $20,526 (120 shares ×171.05 per share)
Amazon stock= 4104611.5 (90 shares × 1162.35 per share)
Total investment = $125137

So,
Weight of apple= 20256/125137.50
Weight of amazon= 104611.50/125137.50

Expected return of portfolio
= Weight of apple × Expected rate of apple + Weight of amazon × Expected rate of amazon
=20256/125137.50 × 0% + 104611.50/125137.50 × -1.20%
= -1/003%

Expected return on portfolio- The weight of each asset is multiplied by its projected return to determine the expected return. The total predicted return for your portfolio may then be calculated by adding the figures for each investment. Hence, the equation Asset 1 Weight x Expected Return = Expected Portfolio Return Plus (Asset 2 Weight x Expected Return)

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you suggest businesssense to april. she asks you to explain the largest benefit of outsourcing to this company.

Answers

She asked you to explain the biggest advantage of outsourcing to this company. They suggest business insight through April for economies of scale.

What do you mean by economies of scale and its benefits?

Economies of scale refer to the phenomenon in which the average cost per unit of output decreases as the size or scale of the output produced by a firm increases.

This is because production costs (including fixed and variable costs) are spread over more units of production. Economies of scale give large companies a competitive advantage over smaller companies because the larger the company, the lower the unit price.

Who benefits from economies of scale?

Companies benefit from economies of scale when production efficiency increases. Companies can achieve economies of scale by increasing production while reducing costs. This is because the costs are spread over more products. Costs can be fixed or variable.

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assume the capital asset pricing model holds and stock a's beta is greater than stock b's beta by .84. what is the expected market risk premium?

Answers

The difference between the anticipated return on a market portfolio and the risk-free rate is known as the market risk premium (MRP).

The slope of the security market line (SML), a graphical depiction of the capital asset pricing model(CAPM), is equal to the market risk premium . CAPM is a crucial component of discounted cash flow (DCF) valuation and modern portfolio theory (MPT), which calculates the needed rate of return on equity investments.

Understanding the Market Risk Premium:

The correlation between the returns from a portfolio of assets and the yields on treasury bonds is known as the market risk premium. The needed returns, historical returns, and anticipated returns are reflected in the risk premium. For all investors, the historical market risk premium will be the same. However, depending on risk tolerance and investment preferences, the necessary and projected market premiums will vary from investor to investor.

What Is the Difference Between the Market Risk Premium and Equity Risk Premium:

The additional profits that investors need when placing a portfolio of assets at risk in the market are generally referred to as the market risk premium (MRP). This would include the whole spectrum of investable assets, such as stocks, bonds, real estate, and other financial instruments.

In a more focused manner, the equity risk premium (ERP) simply considers the excess returns of stocks above the risk-free rate. The equities risk premium alone has a tendency to be higher since the market risk premium is wider and more diversified.

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amy wants to buy a bond that will mature to in seven years. how much should she pay for the bond now if it earns interest at a rate of per year, compounded continuously?

Answers

Simple interest is a quick and easy method of calculating the interest charge on a loan.

Simple Interest:

Talking about the principle, or the initial balance of your account, comes first. This might be the initial sum of a loan or an investment. The simplest way to compute interest is as a percentage of the principal. For instance, if you borrow $100 from a friend and agree to pay back the money with 5% interest, the interest you would have to pay would simply be 5% of $100, or $5. You would have to pay back $105, which includes the initial principle plus interest.

Compound Interest:

We were expecting that we kept the interest when we received it while dealing with simple interest. In a typical bank account, any interest that is earned is automatically added to the account's balance, where it is compounded annually. Compounding is the name for this process of reinvested interest.

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the equilibrium unemployment rate in the united states is 5%. if the actual unemployment rate in the united states is 4%, what is the approximate output gap using okun's rule of thumb?

Answers

There would be a 2.5 percentage point change in the unemployment rate.

The OECD defines unemployment as those over a certain age who are currently available for work but are not currently employed or self-employed. The number of unemployed people as a percentage of the labour force serves as a proxy for unemployment, which is expressed as the unemployment rate. There are a variety of causes of unemployment, including the following: the state of the economy, which can be impacted by a recession competition brought on by globalization and international trade. new technology and inventions. A nation can affect unemployment and the state of the economy, for instance, by its fiscal policy. Furthermore, a nation's central bank or other monetary authority can affect the cost and availability of money by enacting monetary policy.

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what would be the long-run equilibrium price and quantity, if the market for this pre- scription drug were perfectly competitive?

Answers

A perfect market, also known as an atomistic market, is defined by various idealizing conditions, which are together referred to as perfect competition, or atomistic competition, in economics, specifically general equilibrium theory.

What happens in the long run equilibrium profit for a perfectly competitive firm?

In the long run, prices will adapt to fully reflect changes in production costs. In the short run, a change in fixed costs will have no impact on the price or output. Long-term entry or exit will cause price to shift enough that enterprises will no longer make any economic profit.A company reaches equilibrium over the long term when it modifies one or more of its plants to create output at the least point on their long-run Average Cost (AC) curve. 

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if pension expense recognized in a period exceeds the current amount funded by the employer what kind of account arises and how should it be reported int eh financial statements if the reverse occurs

Answers

If pension rate recognized in a duration exceeds the present day quantity funded, a liability account called Pension Asset /legal responsibility arises; the account could be suggested either as a modern or lengthy-term liability, relying on the remaining date of charge.

Pension finances' belongings are defined as property offered with the contributions to a pension plan for the extraordinary purpose of financing 401-k plan benefits.

The pension fund is a pool of assets forming an unbiased criminal entity. This indicator is measured in thousands and thousands of USD or as a percent of GDP.

Retirement account: Retirement money owed encompass 401(okay) plans, 403(b) plans, IRAs and pension plans, to name a few. those are crucial asset debts to develop, and they may be held in a financial institution. There can be penalties for putting off price range from those accounts earlier than a positive time.

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cube optimization means right-sizing the package of a product so that the product tightly fits in the packaging and there is no air space. cube optimization means right-sizing the package of a product so that the product tightly fits in the packaging and there is no air space. true false

Answers

cube optimization means right-sizing the package of a product so that the product tightly fits in the packaging and there is no air space. The given statement is true.

A product is anything that can be supplied to a market to satiate the need or want of a client. In marketing, a product is an object, system, or service made accessible for consumer usage as of consumer demand.  Products are sometimes referred to as merchandise in the retail sector, and they are purchased as raw materials and then sold as finished things in the manufacturing sector. An additional category of goods is a service. In project management, "products" are the formally defined project deliverables that make up or help deliver the project's objectives. Sub-products, which are byproducts of production processes that are still useful, are a similar idea.

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What is meant by Mission protection?

Answers

Protection is a mission area that encompasses the ability to protect the country against terrorist attacks and all types of calamities, whether they be man-made or natural.

In order to ensure the survival of our interests, goals, and way of life, it is focused on taking action to protect the citizens, residents, tourists, and key assets, systems, and networks from the biggest risk to our country. Core Capability for Planning Target: Identify critical objectives based on planning requirements, provide a complete and integrated picture of the sequence and scope of the tasks to achieve the planning objectives, and implement planning requirements within the timeframe contemplated in the plan using resources available for protection-related plans are all steps in developing protection plans. Implement, practise, and uphold plans to guarantee operational continuity (COOP).

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rustici argues that despite the beliefs of most modern economists, the smoot-hawley tariff was significant contributor to the great depression because it had effects beyond trade with other countries. what other effects did the smoot-hawley tariff have on the economy and what impact did they have in terms of the great depression?

Answers

The Smoot-Hawley Act increased tariffs on foreign imports into the United States by approximately 20%. At least 25 countries have responded by raising their own tariffs on US goods. Global trade collapsed, resulting in the negative effects of the Great Depression.

What was the end result of the Smoot-Hawley Act?

It raised price lists and provoked overseas international locations to elevate retaliatory price lists and, as a consequence, made it tougher for American farms and companies to promote abroad.

What did Smoot-Hawley Act do?

Smoot Hawley, was signed by President Herbert Hoover on June 17, 1930. The act increased US tariffs on over 20,000 imported goods. Laws designed to secure revenue,  regulate trade with foreign countries, promote U.S. industry, protect U.S. labor, and other purposes.

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the polaris s corporation has operating income of $50,000. andrew is the sole shareholder of the corporation that has had the s election in effect since its inception. at the beginning of the current year, andrew's basis in his s corporation stock is $2,000. during the year, andrew receives cash distributions totaling $55,000. how much income must andrew recognize for the current tax year?

Answers

The income that Andrew must recognize for the current tax year will be $55000 (operating income and other cash distribution).

What is operating income?

An accounting term known as operating income measures the amount of profit made from a company's operations after operating costs like salaries, depreciation, and cost of goods sold (COGS) have been subtracted .

Further administrative, selling, or general expenses are examples of naturally recurring costs incurred to run a business.

Thus the operating income of $50,000 during the year at the beginning of the current year, Andrew's basic stock is $2,000; hence $55000 will be his current year income.

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rachel has drafted a plan for her firm that explicitly analyzes the marketing and advertising situation, identifies the objectives of the advertising campaign, clarifies a specific strategy for accomplishing those objectives, and indicates how the firm can assess whether the campaign was successful. this subsection of the firm’s overall marketing plan is called its

Answers

This same marketing strategy again for company is a component among its entire marketing strategy.

What does the term "marketing" mean?

The process of developing, communicating, delivering, and trading offerings that are valuable to customers, consumers, partners, and society at large collectively is known as marketing. Television ads, billboards at the side of a road, and magazines are typical instances of business at work.

What function does marketing serve?

The advantage of marketing on your company is that it engages consumers and helps them decide whether to purchase your goods or services. A marketing strategy, which is a component of your business plan, also aids in establishing and sustaining demand, relevance, recognition, competition, etc.

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What are three major differences between a free market economy and a command economy?

Answers

The three major differences between a free market economy and a command economy, include,

Differences in demand and supplyControl in factors of productionGovernment roles

A free market economy includes free entry and exit for buyers as well as sellers within the market. There is no government control in such an economy. A command economy, on the other hand, involves a higher degree of control of government in the business operations of the economy. Moreover, the industries are also publicly owned, and do not have private enterprise.

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Foreign-entry modes such as acquisitions and greenfield projects are usually disadvantageous because they require a high level of capital and resource investment but allow for a low level of control.
a. True
b. False

Answers

Acquisitions and greenfield ventures, which involve a high degree of cash and resources, are typically unfavourable foreign entrance approaches.

What are projects called?

A project is described as a series of tasks that need to be finished in order to achieve a specific result. The Project Management Association (PMI) defines a project as "any temporary undertaking having a clear beginning and finish." It can be maintained by a single individual or hundreds of people, depending on how complex it is.

What are life's projects?

A life goal is essentially a list of "what we want to be" and "what we will do" to realize it during specific life chapters. It also covers the opportunities, resources, and tools we now have to

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how do you explain the discrepancy between george akerlof's model of the used car market and the actual used car market?

Answers

The market has created remedies for the asymmetric information problem throughout time.

George Akerlof, an economist, published a widely read paper in 1970 titled "The Market for Lemons: Quality Uncertainty and the Market Mechanism" in which he explores how the quality of goods traded in a market can deteriorate in the presence of asymmetric information between buyers and sellers, leaving only "lemons" behind. A car that is discovered to be flawed after it has been purchased is referred to as a "lemon" in American slang.

Let's say consumers are unable to tell the difference between a high-quality car (a "peach") and a "lemon." Then, they will only pay a set price for a car whose value is equal to the sum of a "peach" and a "lemon" (pavg). However, vendors can tell if they are holding a peach or a lemon. Given the predetermined price at which buyers will purchase, sellers will only sell their "lemons" and leave the market with their "peaches" when they have the latter. The average buyer's willingness to pay will eventually decline as enough suppliers of "peaches" exit the market (since the quality of cars available has declined), which will result in a positive feedback loop whereby additional sellers of high-quality automobiles exit the market. As a result, the uneducated buyer's price leads to an issue with adverse selection that drives high-quality vehicles off the market. A market mechanism called adverse selection has the potential to cause a market crash.

The article by Akerlof demonstrates how market prices can affect the quality of the commodities traded. Sellers of high-quality items are driven away by low pricing, leaving only lemons in their wake. Akerlof shared the 2001 Nobel Memorial Prize in Economic Sciences with Michael Spence, Joseph Stiglitz, and others for their work on asymmetric information-related challenges.

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why does the indian government want to phase out fossil fuel cars and replace them with e-cars? why is maruti reluctant to immediately forge ahead in the e-car segment?

Answers

With the developing populace and the volume of pollutants growing within side the united states that in the long run ends in the depletion of fossil fuels.

The required details for fossil fuels in given paragraph

The united states has determined to shift its method in the direction of the commercial thing of the producing of vehicles within side the united states. As we're transferring in the direction of a time of whole digitalization, the electrical vehicles or the EV's is the sunrise od=f a brand new era. One of the primary motives why the Indian Government desires to section out and input the marketplace of Electric Cars is the exponential increase of electrical cars within side the international marketplace. In 2017, the shipping minister of the united states claimed that India might be running on 100% electric powered vehicles within side the 12 months 2030. But that quantity got here right all the way down to 30% because the hazard of dropping jobs and a primary pushback to the enterprise turned into visible throughout this period.

When first global international locations like France and the United Kingdom are hoping to conform this era absolutely in 2040, lndia intends to turn out to be the worldwide hub for the producing of electrical cars.

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on december 1, year 4, pott co. declared and distributed a property dividend when the fair value exceeded the carrying amount. as a consequence of the dividend declaration and distribution, what are the accounting effects?

Answers

According to the given information, the accounting effects are Property dividends recorded at: Fair Value and R/E's: Decreased.

A corporation will pay a dividend to its shareholders when business is good and it wants to thank them for their investment. A dividend is a payment made by a corporation to its shareholders out of its earnings. Dividends are paid out in the form of cash or extra shares, and they provide a useful channel for businesses to showcase their financial health and profitability to the wider business community.

Investors generally like dividend-paying stocks, so many businesses take satisfaction in distributing regular dividends that keep rising year after year. Dividend payments not only reward current shareholders but also entice new investors to buy stock in a profitable business.

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an agile project manager in a hybrid scrum approach would ensure all of the following items as related to quality, except one. which one is not the responsibility of an agile project manager relative to quality? group of answer choices ensure that quality testing is done concurrently with development ensure that quality testing is the responsibility of the entire team who produces the product ensure that acceptance testing is done incrementally at the end of each sprint on the items produced in that sprint ensure that the work packages provided to the scrummaster are complete.

Answers

Agile project management tools from Jira Software include scrum and kanban boards, agile reports, and project estimating for any agile approach.

Which project management strategy uses an agile framework to produce products iteratively?

Scrum is one of the agile approaches created to assist teams in the incremental and iterative delivery of a product. Its emphasis is on the use of an empirical approach that enables teams to react quickly, effectively, and efficiently to change. This is why it is frequently referred to as "an agile project management framework."

The scrum master aids the team in streamlining and improving the methods through which they accomplish their objectives. They do so ideally as a team member or collaborator rather than as someone in charge.

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the value of the marginal product of any input is equal to the marginal product of that input multiplied by the:_____.

Answers

The value of the marginal product of any input is equal to the marginal product of that input multiplied by the: market price  of the output.

How to find the marginal product?

The marginal product can be defined as the change that occur due to the  addition of an output to  a unit of  input .

The value of marginal product can be calculated by making use of this formula

Value of Marginal Product = Marginal physical product × Average revenue price of the product.

Therefore the statement that complete the statement is market price  of the output.

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