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gogolik [260]
1 year ago
9

An employer hiring in a competitive labor market should hire additional labor as long as Multiple Choice the wage rate is less t

han MP. MC exceeds MR. average product exceeds MP. the MRP exceeds the wage rate.
Business
1 answer:
KATRIN_1 [288]1 year ago
6 0

The correct answer is-  the MRP exceeds the wage rate.

<h3>How does MRP influence wage rates?</h3>

Basic economic theory suggests that wages depend on a worker's marginal revenue product MRP. (this is basically the value that they add to the firm which employs them.)

MRP is determined by two factors: MPP – Marginal physical product – the productivity of a worker.

<h3>What factors increase wages?</h3><h3>Productivity:</h3>

Wage increase is sometimes associated with increase in productivity.

Workers may also be offered additional bonus, etc., if productivity increases beyond a certain level.

Learn more about MRP and wage here:

<h3>brainly.com/question/21252933</h3><h3 /><h3>#SPJ4</h3>
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An auto manufacturer is considering adding new automation to their assembly line to reduce production costs. The manufacturer is
QveST [7]

Answer:

Check the explanation

Explanation:

As per the beta distribution, the average revenue per year = (Pessimistic +4*Most Likely +Optimistic) / 6

Avg revenue per year = (460000 + 4*660000 + 840000) / 6 = 656666.67

MARR = 12%, life = 9 yrs

NPW = -4000000 + 656666.67 * (P/A,12%,9) + 40000 * (P/F,12%,9)

= -4000000 + 656666.67 * 5.32824 + 40000 * 0.36061

= 7498877.6+14424.4

= -433415.60

= -433000 (nearest 1000)

7 0
3 years ago
Read 2 more answers
A vendor asks its business partners to place logos or banners on their Web sites. If customers click on a logo, visit the vendor
erma4kov [3.2K]

Answer: Affiliate marketing

Explanation: Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each visitor or customer brought by the affiliate's own efforts of marketing. Affiliate marketing is the process of earning a commission by promoting other people's (or company's) products. The scenario above illustrates affiliate marketing, because If customers click on a logo, visit the vendor’s site, and make a purchase, then the vendor pays a commission to the partner.

3 0
3 years ago
What recommendations/actions would you provide to a coworker if they did not understand an email that was written by their super
valentina_108 [34]

My recommendation would be: communicate directly to the supervisor to clarify the intend of the email

Most employees believed that asking clarification to their supervisor would reflect badly on them since it make them look incompetent.

But most supervisors are trained to provide employees with guidance if they do not understand their assignment. And, following the wrong order would be significantly worse compared to not able to understand an email.

4 0
3 years ago
Read 2 more answers
The date the board of directors votes to declare and pay a cash dividend is called the?
harkovskaia [24]

The date the board of directors votes to declare and pay a cash dividend is called the date of declaration.

<h3>What does the declaration date mean?</h3>

A declaration date refers the date on which the board of directors of a company announces the next date of dividend payment. The board of directors of a company announces a cash dividend on a declaration date, which involve paying a certain amount of money per common share.

A declaration statement is issued that mainy includes the details such as the size of the dividend, the record date and its payment date.

Basically, the date on which the directors vote to declare and pay a dividend is called the declaration date.

Learn more about declaration date here:-

brainly.com/question/23156395

#SPJ4

5 0
1 year ago
Medical profession is a very sensitive profession.Do U agree?Give 5 reason​
Anna [14]

Answer:

Medical profession is very sensitive and intellectual where human life is at risk. A successful effort of a doctor can save a life. Due to that, a doctor is known as 2nd God. When he attempts a major and long surgery, his endurance, hard work and mental ability spotlight his character.

6 0
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