Increasing Marginal Returns Are Generally the Result of

question 202

Multiple Choice

Increasing marginal returns are generally the result of

• A)diseconomies of scale
• B)increasing costs
• C)specialization and division of labor
• D)labor unions
• E)technology

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Definitions:

Payroll Register

A document that summarizes the earnings, deductions, and net pay of all employees for a specific payroll period.

Calendar Year

A one-year period that begins on January 1 and ends on December 31, used as a financial or accounting period.

Gross Pay

The entire sum an employee receives in earnings before any taxes or deductions are subtracted.

Deductions

Amounts subtracted from an employee's gross income to calculate taxable income, or expenses subtracted from gross revenue in accounting to determine net income.