1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vlada [557]
1 year ago
14

If the price of the item is $15.00 per unit and the employees cost $125 each, how many employees should the firm hire to maximiz

e their profit
Business
1 answer:
Aneli [31]1 year ago
3 0

If the price of the item is $15.00 per unit and the employees costs $125 each,  Three employees should the firm hire to maximize their profit.

How do firms maximize profit?

All firms maximize profits when their marginal cost is equal to the marginal product. This dollar amount should also be the selling price that maximizes profits.

What is meant by profit maximization?

Profit maximization is a process business firms undergo to ensure the best output and price levels are achieved in order to maximize its returns. Influential factors such as sale price, production cost and output levels are adjusted by the firm as a way of realizing its profit goals.

What are the goals of profit maximization?

Profit maximization is the process by which a business arranges its prices and cost structure to achieve the highest possible profit. The central goal of the organization is to increase its profits

 

Learn more about profit maximization:

brainly.com/question/21794386

#SPJ4

You might be interested in
First, regardless of the strategy, _____ storage and _____ storage must be secured.
shepuryov [24]

Answer:

The correct answer is offsite and onsite.

Explanation:

When implementing Business Continuity the preservation of company data comes first.

Business Continuity Plan/Strategies are those measures that a company puts in place to ensure that regardless of the threat, and or disruption to the existing model that allows them to provide goods or services, (e.g. tsunamis or earthquakes, riots and civil unrests, compulsory government curfew) they can continue to function, reach their customers and remain operational.

The first rule of Business Continuity Plan is to protect all information assets. Off-site data or information refer to those information and or data that are remotely stored. That is, they are secured far away from the physical location of the business such as a data or server farm, cloud storage etc.

Onsite data storage refers to storing data on the premises or site of the business. Some fo the tools used are Hard Disk Drivers, Solid State Drives, DVDs etc.

Cheers!

3 0
3 years ago
Which type of promotion would you use to attract costumers quickly with the help of coupons, samples, and free gifts?
kicyunya [14]

Answer:

Sales promotion

Explanation:

Sales promotion is a marketing strategy of stimulating the demand for a product by offering attractive incentives to customers or retailers.  Sales promotion aims at increasing the sales volumes of a product. It involves the use of persuasive tactics to convince the customer to buy. The effects of a sales promotion are usually short-term but may lead to the acquisition of long term customers. Some of the sales promotions commonly used include

  1. Issuing discount coupons.
  2. Free gifts
  3. Discount vouchers
  4. Loyalty cards
4 0
3 years ago
Read 2 more answers
A graduated commission employee makes 3. 5% interest on the first $50,000 in sales and 6. 5% interest on all sales over $50,000.
Harman [31]

The correct form of expression to express the context earning on the sales of the products is  (0. 035)(50,000) (0. 065)(81,500).

The context is about a graduate who earns on the basis of commission on the fixed amount of stock. On the sale of the first $ 50,000, he is getting 3.5% and the sales above $50,000 he is getting a commission of 6.5%.

Thus, the rate of 3.5% will be multiplied with the sales of %50,000, and the rate of 6.5% will be multiplied by the number of sales above $50,000 that is $81,500.

Therefore, the correct option is a.

To know more about the expressions that express the total earning of the employee, refer to the link below:

brainly.com/question/2337923

8 0
2 years ago
Money creation occurs when: a person puts cash in a bank. a person deposits a payroll check in their checking account. banks mak
saw5 [17]
Is this a paper you have write or do they have Any answer choices
7 0
3 years ago
Financial statement users typically begin their assessment of permanent earnings with:
kirza4 [7]

Answer:

income from continuing operations.

8 0
3 years ago
Other questions:
  • Instruments had retained earnings of $ 390 comma 000 at December​ 31, 2017. Net income for 2018 totaled $ 220 comma 000​, and di
    11·1 answer
  • (PLEASE HELP!)
    7·2 answers
  • Name two arguments that support international trade.
    12·2 answers
  • Marco creates a budget for himself. He would like to buy ice cream once a week, but doesn't have enough money to do so in his cu
    6·2 answers
  • Suppose workers in Freecia can produce two bushels of rice with the same amount of effort it takes them to produce one memory ch
    10·1 answer
  • Curvilinear costs always increase: a. When management performs break-even analysis. b. When volume increases, but at a nonconsta
    12·1 answer
  • A seller buys an item from a manufacturer for $100 and sells it to a customer for $120. What term describes this extra $20?
    11·1 answer
  • I lost my debit card on my house but it’s the temporary and my real card is late so i need to call my bank but it ask for my car
    12·1 answer
  • State elements of business plan?
    13·1 answer
  • Which of the following is the most important competitive factor in determining a company's ability to secure contracts to supply
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!