1.) Out of the choices given here, a computer game that can be purchased online and played right away has good time utility. The other choices didn't seem to be a good fit for this particular question. The correct answer is D.
2.) Hours of labor or the number of workers are common ways of measuring a company's division of labor. The correct answer is A, division of labor.
<span>One analyst indicates that he has studied several of amc's competitors and found that they share a set of critical and core attributes. They included the following attributes rights or shareholders and other core stakeholders are clearly delineated.</span>
Finance companies are reliable institutions because of its capacity to <span>supply credits for the purchase of consumer goods and services by consumers and even other businesses. In this case, they can range from small institutions to large ones. Answer is D</span>
Answer:
Yes, it did because since toilet paper start being taken away from all the markets people started to take other items just in cause.=)
Explanation:
Answer:
The firm should decrease the amount of capital used.
Explanation:
The wage rate is $12 per hour and capital is rented at $8 per hour.
The marginal product of labor is 60 units of output per hour and the marginal product of capital is 45 units of output per hour.
A manager hires labor and rents capital equipment in a very competitive market.
The ratio of marginal product of labor and wage rate
= 
= 5
The ratio of marginal product of capital and rent
= 
= 5.625
Since the ratio is greater for capital, it means that the manager should decrease the amount of capital used in the production process.
