Property tax is paid on the value of a house
The firm should decrease the amount of capital used.
Solution:
The wage rate is $12 per hour and capital is rented at $8 per hour.
The marginal product of labour is 45 units of output per hour and the marginal product of capital is 65 units of output per hour.
A manager hires labour and rents capital equipment in a very competitive
market.
The ratio of marginal product of labour and wage rate
= 
= 3.75
The ratio of marginal product of capital and rent
= 
= 8.125
If the cost ratio is higher, it means that the boss must minimize the volume of money involved in the manufacturing process.
She can write a check, she can withdraw money from ATM, she fill out a withdrawal slip, she can transfer money to another account
Answer:
The survey would have happened during the stage of idea screening
Explanation:
The idea screening process involves comparing and contrasting potential new products in order to determine which of the ideas are a perfect fit for the business giving its current resources, strengths , opportunities ,threats or limitations of the business.
At this stage of product development,the over-aching aim is to pick the products could be best invested that yield positive in a short while rather picking all available options that might drain the resources available and not yield commensurate returns.
The government wants to protect the consumer's interest, that is why they are regulating the monopoly. Monopolies have the power to set higher prices than the competitive market. They regulate monopolies to prevent excess prices, quality of service( to ensure the firm receives minimum standard of service), monopoly power,promote competition, and natural monopolies( we cannot encourage competition, and it is essential to regulate firm to prevent monopoly of power). <span />
