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natta225 [31]
4 years ago
7

Item 6Item 6 Suppose that the firm's only variable input is labor. When 50 workers are used, the average product of labor is 50

and the marginal product of labor is 75. The wage rate is $80 and the total cost of the fixed input is $500. What is the marginal cost
Business
1 answer:
Kipish [7]4 years ago
3 0

Answer:

$1.07

Explanation:

The marginal cost measures the change in total cost of adding on more worker divided by the change in product for this additional worker (marginal product of labor). When adding one more worker, costs will increase by $80 (wage rate), while product will increase by 75. Therefore, the marginal cost is:

MC=\frac{80}{75}\\MC=\$1.07

The marginal cost is $1.07.

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In 2019, Mr. Smith purchased a principal residence for $1,500,000. He made a down payment of $300,000 and financed the remainder
ludmilkaskok [199]

Answer:

Following are the solution to the given question:

Explanation:

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3 0
3 years ago
In which type of appraisal interview does the interviewer communicate the strong and weak points of an employee's performance du
shutvik [7]

<u>Answer: </u>Tell and Listen method of appraisal is used in the above mentioned scenario.

<u>Explanation:</u>

In tell and listen method of appraisal the evaluation of the employees is communicated to them at first. The superior in hierarchy does the appraisal where the superior gives the feedback on the performance at first which includes the strengths and weakness.

Then the employee is allowed to respond to the evaluation. The employee can express his feelings after receiving the evaluation whether he is happy or not. The employees have right to vent their feelings even its frustration.

7 0
3 years ago
Currency held outside banks is $200 billion, money market mutual funds (retail) are $10 billion, small-denomination time deposit
ratelena [41]

Answer:

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SELF REGULATION

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Each year the US Army shoots an estimated 200 million rounds of lead bullets at from ... an estimated 200 million rounds of lead bullets at target practice areas across the United States. Pentagon officials, in response to environmentalists' concerns over lead poisoning in the soil, have invested over $12 million to develop

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3 years ago
from the information about chobani in the case and at the start of the chapter, (a) who did hamdi ulukaya identify as the target
Mashcka [7]

from the information about chobani in the case and at the start of the chapter, (a) who did hamdi ulukaya identify as the target market for his first cups of greek yogurt and (b) what was his initial "4ps" marketing strategy?

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b. Chobani's initial 4Ps marketing strategy. Consists of the following marketing actions:

· Product strategy. Offer a Greek Yogurt for a mass market that is healthier than competing U.S. yogurts and does not have artificial ingredients and preservatives.

· Price strategy. Priced affordably at $1.29 for a single-serve cup that is accessible to all.

What is Marketing strategy?

A marketing strategy is a long-term plan for attaining a business' objectives through an understanding of client needs and the development of a distinct and long-lasting competitive advantage. It includes everything, from choosing which channels to utilize to contact your customers to figuring out who they are.
To learn more about marketing strategy from the given link:

brainly.com/question/25640993

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