Answer:
degreased
Explanation:
Degreasing can be defined as the removal of grease stains, etc in cooking utensils from pans to pots, etc. Degreasing is one of the cleaning procedures. its aim is to ensure that sticky or grease stained cooking utensils and equipment in the kitchen are properly removes before washing and sanitizing.
Cheers
Answer:
a) perfectly competitive market
b) perfectly competitive market
c) 5 workers
d) 46 units
e) Profit of $73
Explanation:
a) The firm sells its output at the present market price, the firm has control of the market prices therefore this is a perfectly competitive market.
b) The firm can hire all of the workers it wants at a market wage rate, this means that the labor market is also perfectly competitive.
c) We have to first calculate the marginal revenue product (MRP) of each worker. The marginal revenue product of the last worker must be equals his wage rate in order to maximize profits. Hiring new workers as every additional employee adds less to the total revenue than to the costs of the firm.
MRP = Marginal product × Price.
Price = $3
Number of Total Marginal Marginal Revenue
Employees Output Product (MP) Product $ (MRP = MP * P)
0 0
1 14 14 52
2 26 12 36
3 35 9 27
4 42 7 21
5 46 4 12
6 48 2 6
The MRP of each of the first 5 employees is higher than their wage rate ($11). The firm should hire 5 workers to maximize profit
d) The output of 5 workers is 46 units
e) Fixed cost = $10
Variable cost = number of workers × wage rate = 5 × $11 = $55
Revenue = output × price per unit = 46 × $3 = $138
Profit = Revenue - variable cost - fixed cost = $138 - $55 - $10 = $73
Answer:
O d. term loans, mortgage loans, and bonds
Explanation:
Term loans are credit facilities where the lender and borrower agree on the loan amount and a repayment schedule. It involves a large sum of money to be repaid over a long period making it ideal for acquiring capital.
Mortgage loans are long term debts used to finance the purchase of properties. It is ideal for expensive capital due to the lengthy time it takes to repay.
Bonds are long-term debt securities issued by corporations to finance long term projects.
Answer:
The answer is D. 10%
Explanation:
The coupon rate that must cause the bond to be issued at a premium must be greater than the Yield-to-maturity (YTM).
If it is issued at a coupon rate equals to the Yield-to-maturity (YTM), it is said to be issued at par.
And If it is issued at a coupon rate lower to the Yield-to-maturity (YTM), it is said to be at discounts
Answer:
fixed cost.
Explanation:
Straight-line depreciation is a typical example of a fixed cost.
