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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

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A high efficiency rating indicates that the sample information is almost as good as perfect information. Group of answer choices
STatiana [176]

Answer:

True

Explanation:

  • The higher is the rating of the sample the more is the efficiency of the sample and its performance is measured by the good sample of information as the perfect information and indicates the effectiveness of the sample.
5 0
3 years ago
"If you do not call on your accounts at least once a week, you will lose your job," is an example of which influence strategy?
ki77a [65]

Answer:

Threats

Explanation:

This is the influence strategy known as threats. Influence strategies can be as a result of threats, manipulation, promises, persuasions and relationships. These are particularly popular with sales representatives, managers, parents, etc.

Threats

In a strategy based on threats, a manager might want a desired behavior and the ounishment that will be given if the desired result is not accomplished. Threats are normally used as a last result.

7 0
4 years ago
selling a firm's unneeded assets is a reasonable last resort if sales revenues are declining and when neither equity capital nor
defon

True, If sales revenues are falling and neither equity nor debt capital could be discovered to meet a firm's a need capital, selling off its surplus assets is indeed a reasonable last resort.

What is an Asset?

An asset is a resource with monetary value that an individual, corporation, or country owns or controls with the expectation of future benefit. A company's assets are reported on its balance sheet. They are divided into four categories: current, fixed, financial, and intangible. They are purchased or created in order to increase the value of a company or to benefit its operations. An asset is anything that can generate cash flow, reduce expenses, or increase sales in the future, whether it's manufacturing equipment or a patent. Assets are reported on a company's balance sheet. They are purchased or created in order to increase the value of a company or to benefit its operations. An asset is anything that can generate cash flow, lower expenses, or increase sales, whether it's manufacturing equipment or a patent.

To learn more on Assets from the link:
brainly.com/question/25746199
#SPJ4

4 0
1 year ago
Harry owns a Cadillac and a Porsche. Ryan has always wanted a Porsche and knows Harry owns one. Harry decides to sell his Cadill
seropon [69]

Answer:

mutual mistake

Explanation:

A mutual mistake happens when all the parties involved in a contract (two or more) are mistaken or do not know the correct information about some specific material fact that is relevant to the contract. In this case, the contract can be rescinded because Harry believes that Ryan wants to buy his Cadillac, while Ryan believes Harry is selling his Porsche.  

Since both of them are mistaken and do not know relevant material facts regarding the contract, the contract can be terminated.

6 0
3 years ago
Operating cash flow is defined as:A. a firm's net profit over a specified period of time.B. the cash that a firm generates from
mina [271]

Answer:

B. the cash that a firm generates from its normal business activities using its existing assets

Explanation:

It represent the cash from the main activity. It is a good indicator wether the company needs external financing or it can sustain his grow with own funds.

It is stated in the cash flow statement. along with investing and financing activities.

3 0
4 years ago
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