Answer:
c) greater than 1.
Explanation:
Cambodia is a southeast country in Asia. It is a beautiful country. It is very famous for the largest Hindu temple in the world, the Angkor Wat.
The real exchange rate or RER in finance is defined as the currency of one country will be exchange for the currency of another country. It is the value of the currency of one country in comparison to the other country's currency.
In the context, the real exchange rate of Cambodian riel will be greater than 1 as the value Cambodian riel is much lower than U.S. dollar.
Answer and Explanation:
The computation of the cost assigned is given below:
For units transferred out
= 41,400 units × ($6 + $10)
= $662,400
For ending work in units
= 5,620 units × $6 + 5,620 units × 40% × $10
= $33,720 + $22,480
= $56,200
Hence, the costs to be assigned to the units transferred out and the units in ending work in process is $662,400 and $56,200 respectively
"credit unions" are owned by the people who deposit and are loaned money
Answer:
a. $800
b. $1,000
Explanation:
In this case, the opportunity cost of holding the money instead of buying a U.S. Treasury bond is determined as the yearly interest payed by the bond.
a. interest rate = 8%
The opportunity cost of keeping the $10,000 is:
b. interest rate = 10%
The opportunity cost of keeping the $10,000 is:
Answer:
should be equal to their marginal revenue product.
Explanation:
This applies to basically all employees that work in competitive markets, their salaries should equal their marginal revenue product.
An employee's salary = the market value of hiring the employee = marginal revenue product
The formula for calculating marginal revenue product = marginal physical product x marginal revenue
where:
- marginal physical product = extra units produced by the employee
- marginal revenue = price of the units produced
For example, a new employee can produce 100 units per day and each unit is sold at $0.75, therefore the employee's marginal revenue product = 100 units x $0.75 per unit = $75 per day
