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soldier1979 [14.2K]
3 years ago
10

The marginal revenue product of capital is _______.

Business
1 answer:
Jlenok [28]3 years ago
7 0

Answer:

D.  the change in the firm's revenue as a result of employing one more unit of capital, such as a machine.

Explanation:

Marginal Revenue Product (MRP) of a factor (here capital) is the change in firm's revenue, due to employing one additional unit of that factor.

It is calculated as : product of Marginal (additional) product from the factor (capital) , with marginal (additional) revenue of a product

MRPS (k) = MPP (k) x MR

Eg : If MPP of capital (k) = 5 , MR = 10 .

So, MRP (k) = 10 x 5 = 50

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Discrimination lawsuits that go to court are very expensive, averaging over $200,000, so a well-crafted ________ can save an emp
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Answer:

Job description.

Explanation:

A job description is an internal document that a firm draws up to describe the responsiblities of a position, the required skill, and job requirements to perform a particular job role.

When a job description is well crafted it shows clearly what is required to hire a person for a job. This will reduce discrimination lawsuits because it will show clearly why a particular candidate was disqualified from the hiring process.

For example if a candidate was disqualified for not having a bachelor's degree, it should be well stated in the job description to avoid discrimination claims.

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A strategy is: Multiple Choice an action plan to maximize rewards in the current period in return for big risks. a procedure for
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Answer:

An action plan to achieve specific long term goals and objectives. based on the plans formed later resources are allocated. But initially long term goals and objectives are to be framed which is the main objective of strategic planning.

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3 years ago
Ricky is 35 years old. He plans to retire when he is 63. He has opened a retirement account that pays 3.2% interest compounded m
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Answer:

Amount received = 217,043.56 (Approx)

Explanation:

Given:

Monthly deposit = $400

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Number of period = 28 × 12 month = 336 month

Computation:

Amount \ received = PMT[\frac{(1+r)^n-1}{r} ]\\\\Amount \ received = 400[\frac{(1+0.002667)^{336}-1}{0.002667} ]\\\\Amount \ received =400[\frac{(1.002667)^{336}-1}{0.002667} ]\\\\Amount \ received =400[\frac{2.44713794-1}{0.002667} ]\\\\Amount \ received =400[\frac{1.44713794}{0.002667} ]\\\\Amount \ received =400[542.608901]\\\\Amount \ received =217,043.56\\\\

Amount received = 217,043.56 (Approx)

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