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3 years ago

Hard skills are teachable abilities like reading, solving equations, and using computer software. True or False

2 answers:

4 0

This is true because any hard skill is teachable if one is willing to learn the skill by learning the skill and learning the way to use the skill one can learn it.

Sphinxa [80]3 years ago

3 0

The answer is true
PLEASE MAKE ME BRAINIEST!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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Farm workers in Oaks Farmville face a 1/85 probability of death at work and each of them receives a yearly wage of $159,106. Far

Lostsunrise [7]

Answer:

$154,182.02

Explanation:

Probability of Farm workers in ( O.F ) facing death at work = 1/85 = 0.012

Probability of Farm workers in ( V.F ) facing death at work = 1/127 = 0.008

Value of a statistical life = $1,262,558

<u>Determine how much the workers in less risky job should get paid </u>

The less risky job is working in Valley farm(V.F ) with a death probability of = 1/127 = 0.008

The more risky job is working in valley farm ( probability = 1/85 = 0.012 )

Yearly wage of risky job = $159106

payment for less risky job can be calculated using the relation below

statistical life = ( cost incurred to reduce risk) / ( percentage of risk to death reduced ) ---------------- ( 1 )

cost incurred to reduce risk = yearly wage to high risk workers - yearly wage to low risk workers

= 159106 - X

percentage of risk to death reduced = (probability of death to high risk workers) - ( probability of death to low risk worker )

= 1/85 - 1/127 = 0.0039

back to relation 1

1262558 = ( 159106 - X ) / ( 0.0039)

159106 - X = 1262558 ( 0.0039 )

hence X ( amount to be paid to workers in the less risky job )

X = 159106 - 4923.9762 = $154,182.02

7 0

3 years ago

Marginal cost A) is the increase in total cost resulting from producing one more unit. B) is the average cost of production divi

lilavasa [31]

Answer: A) is the increase in total cost resulting from producing one more unit.

Explanation:

Marginal cost is the increase in total cost that a company incurs from producing one more unit of the good being produced. It includes both fixed and variable cost and can be calculated by dividing the change in cost by the change in quantity.

Marginal cost is an important metric in profit maximisation because it tells the point where profit is maximised when it equals Marginal revenue.

5 0

3 years ago

A social media ad costs $2 per person reached and 60% purchase. a traditional media ad costs $0.10 per person reached and 2% pur

Zepler [3.9K]

To know which is more effective, let's just put a fictional number of 100 purchase to test it.

Option A: $2 per person, 60% purchase
Option B: $0.1 per person, 2% purchase

For Option A, cost would be $200 and ended up in 60 purchases
For option B, cost would be $10 and ended up in 2 purchases (if the cost is lifted into $ 200, the purchases is 2 x10 = 20)

Which means option A is more effective.

8 0

4 years ago

One major difference between modeling economic busts and booms is that ____________.

GuDViN [60]

<span>When you are modeling economic booms and busts, the biggest difference between modeling economic busts and booms is that there is basically no issue of very rigid nominal wages when one is modeling these different types of booms.</span>

7 0

3 years ago

A firm in a purely competitive industry has a typical cost structure. The normal rate of profit in the economy is 5 percent. Thi

scZoUnD [109]

Answer: please refer to the explanation section

Explanation:

a.Rate of return = $5.50/$50 = 0.11 = 11%

b. Yes the firms earns Economic profits. The Normal rate of profit in the economy is 5%, the firm earns a rate of return of 11%, which is higher than Normal rate of profit in the economy.

c. The industry will see entry. The firm earns a return of that is 6% more than the normal rate of profit in the economy, ,more firms will find it profitable to enter the market

d. The industry is purely competitive, as more Firms will enter the market/industry extra profit will diminish. the firms will earn normal rate of profits in the long run

6 0

3 years ago