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julsineya [31]
3 years ago
11

Suppose you work as a manager in a firm. Your job is to hire the right number of people to maximize profit. Every worker you hir

e costs $150 per day, and each unit of output sells for $15 per unit. Given your current labor force, you know that if you hire another worker, that person will increase your output by 36. 2nd attempt Part 1 (1 point)See Hint What is the marginal product of the worker you are considering hiring?
Business
1 answer:
Phoenix [80]3 years ago
6 0

Answer:36

Explanation:

Marginal product is the additional product that is derived from using additional unit of input, in this example labour. If a firm produces 50 units of an output with 50 labour , if the labour level is increased to 51 and firm produce 51 units, the marginal product of the additional one worker introduced is the additional one unit of the product produced.

In the above question, since the additional worker will increase production by 36 units, that is the marginal product of it's addition.

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Which of the following is not true of P/E ratios? (Ignore option e.) a. It is calculated by dividing the stock price by EPS b. I
Ede4ka [16]

Answer:

The correct answer is letter "D": All of the above are true.

Explanation:

The Price-to-Earnings (P/E) ratio represents the relationship between a company's stock share price related to its earnings per share (EPS). The P/E ratio can give investors an idea if a company's share price is undervalued or overvalued. Besides, P/E ratios of companies with similar businesses can be compared to measure firms' performances.

5 0
3 years ago
ou are considering a stock investment in one of two firms (A and B), both of which operate in the same industry. A finances its
harina [27]

Answer: A = 9 and firm B = 0.11

Explanation:

Debt to equity ratio = Total Liability/ total equity

Firm A = 18000000 / 2000000

Debt to equity ratio of firm A = 9

Firm B = 2000000 / 18000000

Debt to equity ratio of firm B = 0.11

6 0
3 years ago
The Mayo Clinic in Minnesota is known for top-quality medical care. For decades, even presidents and dictators from around the w
sesenic [268]

Answer:

E.match its core competencies.

Explanation:

The Mayo Clinic in Minnesota is known for top-quality medical care and focusing its efforts on satisfying customer needs that match its core competencies.

every organization has is desire goals and vision.

the goals and vision of Mayo clinic is satisfying customer need which made them provide all the social amenities and medical equipment and infrastructure needed for quality treatment of patient.

with this core competencies : its makes then increase and advance there there establishment to other countries.

4 0
3 years ago
Darke Corporation makes one product and has provided the following information: Budgeted unit sales for October, November, and D
algol13

Answer:

The estimated finished goods inventory balance at the end of November is closest to: $383,800.

Explanation:

<em>First calculate the units of ending finished goods inventory for November </em>

units of ending finished goods inventory = 10,100 × 40%

                                                                    = 4,040 units

<em>The determine the unit standard cost</em>

Raw materials ( 5 × $1.00)                                          =   $5.00

Direct labor (3.0 × $19.00)                                          = $57.00

Manufacturing overhead : Variable (3.0 ×$11.00)     = $33.00

Unit Standard Cost                                                     = $95.00

<em>Finished goods inventory balance</em>

Finished goods inventory balance = units of ending finished goods inventory × unit standard cost

                                                          =  4,040 units × $95.00

                                                          =  $383,800

5 0
3 years ago
According to the Lewis two-sector model the creation of a Modern (urban) Sector will:
Soloha48 [4]

Answer:

The answer is option B)  According to the Lewis two-sector model the creation of a Modern (urban) Sector will:

Create a flow of labor from the traditional sector into the modern sector.

Explanation:

The two sector model propounded by W. Arthur Lewis is a theory of development that identifies two sectors: the traditional and modern sector.

According to this theory, the creation of a modern sector will generate a flow of excess labor from the traditional sector to the urban sector where there is more demand for labor.

Over time, this migration will create more jobs, stimulate industrialization and a framework for sustainable development.

3 0
3 years ago
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