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tino4ka555 [31]
1 year ago
14

Peter's Pans sells cooking pans for $30 each. The company

Business
1 answer:
viktelen [127]1 year ago
6 0

The value of the VMP are 600, 570, 540, 510, 480, 450. The total workers to be hired are 4 workers because MRL > wage.

<h3>How to solve for the VMP</h3>

= MP * selling price

  • 20 * 30 = 600
  • 19 * 30 = 570
  • 18 * 30 = 540
  • 17 * 30 = 510
  • 16 * 30 = 480
  • 15 * 30 = 450

This has been computed in the excel file that I have attached to the question.

2. A competitive firm is going to have to hire when the wage is equal to MRPL or MRPL is greater than the wage

based on this the labor of the firm would be at 4 units.

3. Four workers are going to be hired based on the fact that the marginal revenue of the added labor is more than the wage that was paid for the work done.

Read more on marginal revenue here:

brainly.com/question/13444663

#SPJ1

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Investment in stock C is $122450.3311 rounded off to $122450.33

Explanation:

A portfolio which is equally as risky as market should have a beta equal to the beta of the market as beta is a measure of the riskiness. The beta of market is always equal to 1. The formula for beta of a portfolio is as follows:

Portfolio beta = wA * Beta A + wB * Beta B + ... + wN * Beta N

Where w represents the weight of each stock in the portfolio.

Let investment in stock C be x

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1 - 0.6302 = 1.51x / 500000

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x = $122450.3311 rounded off to $122450.33

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What is a factor that increases the volatility of demand in industrial markets? Multiple Choice Professional buyers in the indus
emmasim [6.3K]

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Derived demand accelerates changes in markets.

Explanation:

Derived demand can be defined as the way in which the demand for a good or service tend to result from the demand for the related good or service and this occured when their is the demand for either good that are tangible or intangible goods where a market exists for both related goods and services.

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because the factor of production by a company is dependent on the demand by consumers for the product produced by that company which is why the transition to become demand-driven is slowly occurring in many industries.

Hence, The factor that increases the volatility of demand in industrial markets is "Derived demand accelerates changes in markets"

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