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Luden [163]
1 year ago
15

Due to the ________, a firm strives to maximize its profits and will therefore never pay more for a worker than the value of his

/her marginal productivity to the firm
Business
1 answer:
krek1111 [17]1 year ago
6 0

Due to the first rule of labor markets, a firm strives to maximize its profits and will therefore never pay more for a worker than the value of his/her marginal productivity to the firm. Therefore, the option A holds true.

<h3>What is the significance of profit maximization?</h3>

A process of following and adapting such methods that derive maximum revenue to the firm is known as profit maximization. It should be the primary goal of any firm in the market.

The first rule of labor markets says that when a firm strives for profit maximization, it does not pay the worker or the labor, more than the marginal productivity that the worker bring to the firm.

Therefore, the option A holds true regarding profit maximization.

Learn more about profit maximization here:

brainly.com/question/17233964

#SPJ4

The question seems to be missing. The complete question has been added for better reference.

Due to the ________ a firm strives to maximize its profits and will therefore never pay more for a worker than the value of his/her marginal productivity to the firm.

a. first rule of labor markets

b. demand product value

c. third rule of labor markets

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​Beef Burgers, Inc. contracts to buy five hundred steers from Fattening Feedlots. Before Fattening Feedlots can deliver the stee
svlad2 [7]

In this case the perfect tender rule

b. does not apply.

Explanation:

The perfect tender rule has certain exceptions where it cannot be applied to the tender parties and the probates of the tender.

If there is a government ruling against the use of certain products that are necessary for the tender to be completed and the outlaw happens after the tender is signed but before it is completed as a consignment then it cannot be done.

This would come under the ambit of an emergency where the governed ruling makes such deals null and void.

3 0
2 years ago
A registered representative has left a firm and joined another. The new firm must obtain a copy of the form u-5 filled out by th
Paraphin [41]

The new firm obtains a copy of the form from the new employee and from FINRA's Central Registration Depository.

A firm is a for-income enterprise, commonly fashioned as a partnership that offers expert services, which include legal or accounting services. The concept of the firm posits that companies exist to maximize profits.

A firm is an enterprise that seeks to make a profit thru the sale of products and offerings. The time period firm is synonymous with enterprise or corporation. Firms can function beneath numerous special systems, together with sole proprietorships and companies.

The adjective company describes something this is strong and unwavering. if your top-notch Aunt Martha had a firm notion that kids need to be visible and now not heard, you and your siblings might have spent your early life using her loopy. something this is stable can also be defined as firm.

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7 0
1 year ago
As robin uses her computer to write a report of her team’s investigation she is struggling to keep the foot notes numbered in th
forsale [732]

It is advisable for Robin to use the word-processing software to enter footnotes to number them systematically.

<h3>What is a Word Processing Software?</h3>

The different computer programs, which are easily to be performed in the Word documents, is done with the help and assistance of a word processing software.

The functions of Word Processing Software are performed automatically and saves a lot of time and man-hours.

Hence, option B holds states about the word processing software. Complete question is attached in the image below for better understanding of the concept.

Learn more about the Word Processing Software here:

brainly.com/question/20910519

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8 0
1 year ago
Blake Company purchased two identical inventory items. The item purchased first cost $18.00, and the item purchased second cost
murzikaleks [220]

Answer:

c. Ending inventory will be lower if Blake uses weighted average than if FIFO were used

Explanation:

To check which answer is correct, we simply evaluate each option step by step.

<u>Option A</u>

Gross margin is the difference between selling price and cost.

Under FIFO gross margin is $14. (32 -18 =14)

Under LIFO gross margin is $13. (32-19 = 13)

Thus statement is incorrect as gross margin is higher if FIFO is used.

<u />

<u>Option B</u>

If FIFO is used, the dollar amount of ending inventory will be $19 as ending inventory will contain product purchased later that is at $19. In contrast, if LIFO is used, the dollar amount of ending inventory will be $18. Thus the statement becomes incorrect that it will be the same.

<u />

<u>Option C</u>

The ending inventory under FIFO is $19.

The ending inventory under LIFO is $18

The endng inventory under AVCO or weighted average will be, 18+19 / 2 = 18.5

Thus the statement is correct as the ending inventory under weighted average $18.5 is lower than ending inventory under FIFO $19. So, C is the correct Answer.

3 0
3 years ago
Alex invested $10,500 in an account that pays 6 percent simple interest. how much money will he have at the end of four years?'
Marizza181 [45]
The amount generated from the investment with simple interest is calculated through the equation,

           F = P x (1 + in)

where F is the future amount, P is the present worth, i is the decimal equivalent of the given interest and n is the number of interest period.

From this item it can be identified that,
   P = $10,500
   i = 0.06
   n = 4

Substituting the known values,

    F = ($10,500) x (1 + (0.06)(4)) 
 <em>   F = $13020</em>

Therefore, after four years, the amount of money that Alex will have is $13,020. 
4 0
3 years ago
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