Answer:
The correct answer is letter (1): True.
Explanation:
Implementing a horizontal approach within a firm might not always imply a smooth transition. Some employees may find it hard to communicate with their coworkers because of factors of their personalities or just because they are not familiar with it. In such cases, leaders must intervene as bridges of communication moreover when conflicts must be solved between subordinates.
Answer:
Use more labor and fewer capital.
Explanation:
Given that,
For producing 10,000 gadgets,
Labor hours use = 80
Capital = 6 units
Marginal product of labor = 4 gadgets per hour
Marginal product of capital = 20 gadgets per unit
Cost of each unit of labor = $8 per hour
Cost of each unit of capital = $50 per unit
Therefore,
Marginal product per dollar for labor is as follows:

= 0.5
Marginal product per dollar for capital is as follows:

= 0.4
Hence, the marginal product per dollar for labor is greater than the marginal product per dollar for capital, which means that the firm should use more labor and fewer capital.
Answer:
a. the portion of its marginal cost curve that lies above the AVC
Explanation:
In short run, a perfectly competitive produces as long as its price is above its AVC, so revenues can cover total variable cost. If price is below AVC, the firm has to shut down. Since such a firm maximizes profit by equating Price with MC, this condition means that firm's supply curve is its MC curve lying above the (minimum point of) AVC curve.
Answer:
$2,014
Explanation:
Alain's net investment income tax is the lesser of 1) his net investment income ($53,000) or 2) his modified adjusted gross income less the threshold of $200,000 .
Therefore
$304,000 - $200,000 = $104,000
3.8%×$104,000= $3,952
($53,000 × 3.8% )= $2,014
The additional tax that alain will pay on his net investment income for the year is $2,014
It will rise $80 billion if the household wealth falls by 4 percent.