Answer:
Explanation:
Labor Input Physical output
10 500
11 600
12 690
13 760
14 800
marginal output of 11 th labor = 600 - 500 = 100
price of each product = 7
marginal revenue product of 11 th labor 7 x 100 = 700
B )
price of each of the goods sold = 10
marginal factor cost of labour = 700
minimum no of goods to be sold to cover the labour cost
= 700 / 10 = 70
no of goods added due to addition of 11 the labour = 100
no of goods added due to addition of 12 the labour = 90
no of goods added due to addition of 13 the labour = 70
so no of units of labor upto which the firm will continue to hire
= 13 .
Answer:
Something to do when youre younger 16^ is go to your dream job and ask if they need help now if they say yes than put in double the work to show them that you actaully want this job.
Explanation:
1
Write down a list of your skills and abilities. Research careers suited to your skills. Think about the jobs you are truly able to do and would enjoy most. This will help you narrow your search and focus your visualization.
2
Imagine that you have your dream job. Picture yourself waking up, getting ready for work and driving to your new job. Think about your tasks and what your co-workers and boss say to you. Make the scenario as real as possible.
3
Incorporate all five senses into your visualization, including touch, taste, hearing, smell and sight. These details will make your brain think the scenario is real.
4
Act as if you have your dream job. For example, write "I work as a chef and I love my new job" on a sticky note. Stick the note where you'll see it often. Think about the note frequently throughout the day.
5
Think about the lifestyle you'll have because of your dream job. Visualize getting your first paycheck from the job. Imagine being able to meet your financial goals, such as buying a house, going on vacation or taking care of your family.
6
Write your goals on index cards and review them daily. Take a few moments every day to create a visualization based on each card.
7
Visualize your dream job for five minutes each morning when you wake up and before you go to bed at night. Eliminate noises and outside distractions to help you concentrate.
8
Take actual steps toward obtaining your dream job. For example, enroll in college and earn a degree that will help you get a job in your desired field. Go to seminars related to your field to meet managers and business owners who can hire you. Make friends with someone who has your dream job and ask him how he got the position.
Answer:
In equilibrium, total output by the two firms will be option e= 300.
Q =
+ 
Q = 100 + 200
Q = 300
Explanation:
Data Given:
Market Demand Curve = P = 1660-4Q
where, P = price and Q = total industry output
Each firm's marginal cost = $60 per unit of output
So, we know that Q =
+
where
being the individual firm output.
Solution:
P = 1660-4Q
P = 1660- 4(
+
)
P = 1660 - 4
- 4
Including the marginal cost of firm 1 and multiplying the whole equation by 
Let's suppose new equation is X
X = 1660
- 4
- 4
- 60
Taking the derivative w.r.t to
, we will get:
= 1660 - 8
- 4
- 60 = 0
Making rearrangements into the equation:
8
+
= 1660 - 60
8
+
= 1600
Dividing the whole equation by 4
2
+
= 400
Solving for 
2
= 400 - 
= 200 - 0.5
Including the marginal cost of firm 1 and multiplying the whole equation by 
P = 1660 - 4
- 4
Let's suppose new equation is Y
Y = 1660
- 4
-4
- 60
Pugging in the value of 
Y = 1660
- 4
(200 - 0.5
) -4
- 60
Y = 1660
- 800
+2
-4
- 60
Y = 1600
- 800
-2
Taking the derivative w.r.t 
= 1600 - 800 - 4
= 0
Solving for 
4
= 800
= 200
= 200 - 0.5
Plugging in the value of
to get the value of 
= 200 - 0.5 (200)
= 200 - 100
= 100
Q =
+ 
Q = 100 + 200
Q = 300
Hence, in equilibrium, total output by the two firms will be option
e= 300.
Answer:
The answer is: $2,300
Explanation:
To determine the ending balance of the account Allowance for Bad Debts of Blended Corporation, we can use the following formula:
ending balance = beginning balance - amount wrote off + recorded bad debts
ending balance = $1,300 - $1,800 + $2,800 =$2,300
It excludes money paid as salaries or wages to employees.