Answer:
$0.808
Explanation:
Given:
Number of workers hired = 6
Number of units to be produced = 90
Fixed cost of the product = $6 per unit
Variable cost = $10 per unit
Marginal product of the 7th unit of labor = 4
Now,
Total variable cost = Variable cost per unit labor × Total labor hired
or
The total variable cost = $10 × 7 = $70
Thus,
The total cost = Fixed cost + Total variable cost
or
The total cost = $6 + $70 = $76
Now,
the total units produced
= Unit produced by 6 labor + marginal product from seventh labor
or
The total units produced = 90 + 4 = 94
Hence,
the average variable cost of production when the firm hires 7 workers
= 
or
= 
= $0.808
The answer to your question is true.
Answer:
"so that your employer does not hold out too much or too little in taxes
Explanation:
The W-4 form tells the employer the correct amount of tax to withhold from an employee's paycheck.
Answer:
The correct option is D: the positive utility Laura received from seeing her portfolio value rise was less than the disutility she felt when its value declined.
Explanation:
Behavioral economics suggests that the pain felt when you lose $1000 is more than the joy you experience when you gain $1000 say in a lottery or any exercise without having to do any work from it. Thus this implies that positive utility is less than disutility in the case of Laura as depicted in the example.
Answer:
The correct answer is C
Explanation:
Food safety is used as the scientific discipline, which describe the storage, handle or preparation of the food, in a manner or way which prevent the illness of the food borne.
When the training is provided on the food safety, the one and the foremost thing is to guide or make aware on preventing the contamination on the food by storing the food in such a way that it will prevent the same.
