Answer:
MRPL= $200 = wage rate when there are 5 workers
and MRPL = $1,200 = wage rate when there are 2 workers.
Explanation:
The computation of unionized is shown below:-
Marginal revenue product of labor = Marginal product × Price per unit
Workers Total Production Marginal Product MRPL
(per day)
a b b × $8
0 0
1 200 200 $1,600
2 350 150 $1,200
(350 - 200)
3 450 100 $800
(450 - 350)
4 500 50 $40
(500 - 450)
5 525 25 $200
(525 - 500)
6 510 -15 -$120
(510 - 525)
From the above table MRPL = $200 = wage rate when there are 5 workers
and MRPL = $1,200 = wage rate when there are 2 workers.
Answer:
b. $2,720,000
Explanation:
The contribution margin is what is left after subtracting the variable cost from the sales.
From there, the company pays their fixed cost and the rest is net income.
In this case you have a company desiring to get 720,000 net income after paying their 2,000,000 fixed cost
So we come up with with formula:
Replacing the know values, we get the unknow value. Like it was a solve for X question:
Answer:
1. $636
2. $674.16
3. $566.04
4. $534
Explanation:
PV = FV ÷ (1 + r/n)^(t × n)........(1)
PV = present value
FV = Future value
r = rate per period
t = number of years
n = number of compounded period per year
FV = P(1 + r/n)^(t×n)...............(2)
FV = Future value
P = principal
r = rate per period
n = number compounded period per year
t = number of year
NO 1.
P= $600
t = 1
n = 1
r = 6% = 0.06
Using equation 2
FV = 600(1 + 0.06/1)^(1 × 1) = $636
NO 2
P = $600
n = 1
t = 2
r = 0.06
Using equation 2
FV = 600(1 + 0.06/1)^(2 × 1) = $674.16
NO 3.
FV = $600
r = 0.06
t = 1
n = 1
Using equation 1
PV = 600 ÷ (1 + 0.06/1)^(1 × 1) = $566.04
NO 4.
FV = $600
r = 0.06
n = 1
t = 2
Using equation 1
PV = 600 ÷ (1 + 0.06/1)^(2 × 1) = $534
Answer:
A) The marketing research process
Explanation:
Marketing research process is the collection, analysis, and interpretation of data relating to the marketing conditions. It consist of the systematic process of planning and executing marketing objectives and also solving marketing related problems
Defining the problem, developing the research plan, collecting information, analyzing information, presenting the findings and lastly making decision.
D is the correct answer.
Servant leaders can't lead if subordinates are not open to being guided.
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