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stiks02 [169]
2 years ago
11

The monopsonist's marginal factor (rource) cost curve for labor is

Business
1 answer:
konstantin123 [22]2 years ago
8 0

The company must: hike the factor prices to hire additional employees, a monopolist's marginal factor cost curve is above its labor supply curve.

<h3>What is a marginal factor cost?</h3>

Marginal factor cost is the increment in the additional  factor of production that leads to the increase in the one-unit amount.

It is showed in unit like the labor has worked ten per unit in the given period of time.

Thus, its labor supply curve.

For more details about marginal factor cost, click here:

brainly.com/question/22930104

#SPJ4

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The Nelson Company has $1,312,500 in current assets and $525,000 in current liabilities. Its initial inventory level is $380,000
Sedbober [7]

Answer:

company can value of $190909.1

Explanation:

Given data:

current assets = $1,312,500

current liabilities =  $525,000

initial inventory level is $380,000

current ratio = 2.2

current liabilities is calculated as = \frac{Current/ Assets}{current/ ratio}

plugging all value  in above relation

current liabilities= \frac{1312500}{2.2}

current liabilities = $ 596590.90

and we know  current liabilities is  $525,000. Thus company can value of $190909.1

8 0
3 years ago
Sole proprietorships are often owned by __________.
azamat
Sole proprietorships are often owned by financial institutuins
3 0
3 years ago
Petra is paying her ten employees for 40 hours a week, 52 weeks each year. in 2007, petra spent on wages for her employees each
photoshop1234 [79]

In 2007, Petra spent <u>$2,340</u> on wages for her employees each week, and Petra increased her annual wage budget from 2008 by <u>$14,56</u>0.

<h3>Calculation of wages</h3>

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

Petra owns a coffee shop. She has ten employees. In 2007, she paid her employees minimum wage ($5.85 an hour). In 2008, the minimum wage increased to $6.55 an hour. In 2009, the minimum wage increased to $7.25 an hour. Petra is paying her ten employees for 40 hours a week 52 weeks each year. In 2007 Petra spent___ on wages for her employees each week. When the minimum wage rose in 2009, Petra had to increase her annual budget for wage from 2008 by___

We can now proceed as follows:

Weekly wage spent Petra in 2007 = 2007 minimum wage per hour * Number of employees * Number of hours per week = $5.85 * 10 * 40 = $2,340

Amount of increase in minimum wage per hour between 2008 and 2009 = $7.25 - 6.55 = $0.7/hour

Petra’s increase in annual budget for wages in 2009 = Amount of increase in minimum wage per hour between 2008 and 2009 * Number of employees * Number of hours per week * Number of weeks = $0.7 * 10 * 40 * 52 = $14,560

Learn more about wages here: brainly.com/question/15381069.

#SPJ4

6 0
2 years ago
10. You manage a home improvement store. Your area has just been hit by a flood.
timofeeve [1]
Since your town was impacted in a negative way by the flooding the demand for home improvement items will be high. When demand is high and supply is low it can drive up prices. Most stores would definitely take advantage of this supply and demand case because they could turn a bigger profit. That would be a motivating reason for some people or companies.

As for me personally, I would not raise prices in my business because I feel that is taking advantage of people in a bad situation. You know that they are going to need to supplies to help them fix flood damage and they will have no option but to buy the needed materials. However, if you raise prices it could backfire on you and they may go somewhere else to get the materials needed instead of shopping with you.
5 0
3 years ago
How many moles of CaCl2 will be produced from 1.4 moles of HCl reacting with calcium hydroxide​
professor190 [17]

Answer:

0.70 moles will be produced

Explanation:

step 1: start with mol HCl, go to mol CaCl2 then do the same for mol Ca(OH)2

step 2: determine limited reagent  

step 3: check answer  

EQUATION: 2 HCl + Ca(OH)2 → CaCl2 + 2 H2O

Calculation:

(1.4 mol HCl) x (1 mol CaCl2 / 2 mol HCl)  

= 0.70 mol CaCl2

7 0
3 years ago
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