Someone who affirms a contract by word or action and has the authority to act on someone else's behalf.
Answer:
A. Compute labor productivity under each system. Use carts per worker per hour as the measure of labor productivity.
- old system = 70 carts / 6 workers = 11.67 carts per worker
- new system = 76 carts / 5 workers = 15.2 carts per worker
B. Compute the multifactor productivity under each system. Use carts per dollar cost (labor plus equipment) as the measure.
- old system = 70 carts / ($108 + $30) = 0.51 carts per dollar
- new system = 76 carts / ($90 + $41) = 0.58 carts per dollar
C. Comment on the changes in productivity according to the two measures.
- The new system is more productive and efficient since it uses less workers to produce a higher output. The additional costs of implementing the new system are lower than the cost of employing more workers.
Explanation:
Multi factor productivity = total output / (cost of wages + material cost + overhead cost)
Answer:
5,000
Explanation:
Stephen is a graduate student at a university
He works part time at a shop where he earns 5,000 this is als like compensation
He receives $25,000 for scholarships
The amount Stephen includes in id groas income is 5,000
Answer:
5.57%
Explanation:
Assuming that pure expectation theory holds, then the compounded returns of 1 year treasury security rate multiplied by the compounded return of 1 year security rate 1 year from now is equal to the compounded return of the 2 year treasury rate.
1 year treasury security rate = 4.25%
1 year treasury security rate 1 year from now = 6.9%
To solve, we have
1.0425 * 1.069 = (1 + x)²
1.1144 = (1 + x)², finding the square root of both sides
√1.1144 = 1 + x
1.0557 = 1 + x
x = 1.0557 - 1
x = 0.0557
Therefore, the yield today for 2 year treasury securities is 5.57%
Answer:
b. sale of a new share of stock to an individual investor
Explanation:
The primary market is where new stocks are created. it is the platform for investors to purchase stocks of an entity that goes public for the first time.
Hence the initial public offer otherwise known as IPO is a good example of a primary market transaction.
As such sale of a new share of stock to an individual investor is a primary market transaction