Factors that affect the elasticity of demand for labor include all of these except:

1 answer:

5 0

Since the problem doesn’t give the choices for these questions. I will be giving you the factors that affect the elasticity:

1. Labor costs as percent of total costs – when labor expenses have a high share in total costs then labor demand is more elastic.

2. Easiness and cost of factor substitution – when the firm can substitute rapidly and effortlessly between labor and capital inputs.

3. Price elasticity of demand for the final output produced – if the business is working an extremely competitive market where the final demand of the product is elastic and as a result the demand for labor is more elastic.

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if variable cost increases by $1/unit, advertising cost increases by $1,500, and units sales increase by 250, what would be the

stira [4]

Revised Sales revenue (1,000 + 150 units = 1,150 * $35) $40,250

Less: Reised Variable costs ($21 + $1 = $22 * 1,150) ($25,300)

Revised Contribution Margin $14,950

Less: Revised Fixed costs ($8,400 + $1,250) ($9,650)

Net operating income $5,300

Fixed costs remain the same for a period of time. Variable costs increase or decrease depending on the performance of the company. Examples of fixed costs are rent, taxes, and insurance premiums.

Variable costs are costs that change with changes in quantity. Examples of variable costs include raw materials, parts labor, production materials, handling charges, shipping charges, packaging materials, and credit card fees. In some fiscal documents, the variable cost of production is called the "cost of goods sold."

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2 years ago

General pharmacy’s stock has a beta of 1.8 and an expected return of 14%, and sicoras corp.’s stock has a beta of 1.5 and an exp

Shalnov [3]

Given:
General pharmacy’s stock has a beta of 1.8 and an expected return of 14%,
Sicoras corp.’s stock has a beta of 1.5 and an expected return of 16.2%.

Let Rf stand for risk free rate.
Let Rm stand for expected market return.

General Pharmacy: 14% = Rf + 1.8(Rm-Rf)
Sicoras Corp.: 16.2% = Rf + 1.5(Rm-Rf)

0.14 = Rf + 1.8Rm - 1.8Rf
0.14 = Rf - 1.8Rf + 1.8Rm
0.14 = -0.8Rf + 1.8Rm
0.14 + 0.8Rf = 1.8Rm

Rm = 0.14/1.8 + 0.8Rf/1.8
Rm = 0.078 + 0.444Rf

0.162 = Rf + 1.5(Rm-Rf)
0.162 = Rf + 1.5[(0.078+0.444Rf) - Rf]
0.162 = Rf + 0.117 + 0.666Rf - 1.5Rf
0.162 - 0.117 = Rf + 0.666Rf - 1.5Rf
0.045 = 0.166Rf
0.045/0.166 = Rf
0.271 = Rf

Rm = 0.078 + 0.444Rf
Rm = 0.078 + 0.444(0.271)
Rm = 0.078 + 0.120
Rm = 0.198

Rf = 27.1% ; Rm = 19.8%

The risk free rate is 27.1% and the expected market return is 19.8%.

To check, simply substitute the value of Rf and Rm in the above equation.

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Answer:

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Explanation:

X Inefficiency do take place in a firm when there is little or no incentive in controlling costs. As a result of this average cost of production will go up than necessary. And as a result of lack of incentives, technically, the firm will be far from efficient. It should be noted that X-inefficiency could be described as a situation in which a firm fails to achieve the minimum average total costs attainable at each level of output.

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Fofino [41]

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Answer:

Explanation:

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