1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lukranit [14]
3 years ago
9

A firm currently produces 3,500 units of output per week. After an additional worker is hired, output rises to 3,750 units per w

eek. If the weekly wage paid to a worker is $500, what is the firm's short-run marginal cost? A. $500 B. $250 C. $2 D. None of the above is correct.
Business
1 answer:
MrRissso [65]3 years ago
4 0

Answer:

C. $2

Explanation:

The marginal cost is the cost for producing an additional unit of the product. According to this and as the statement says that with the additional worker the output rises to 3,750, teh first thing is to find the number of additional units that were produced:

3,750-3500= 250

With the new worker, the firm produces an additional 250 units that cost $500 because this is the salary of the new worker and to calculate the cost of one additional unit you have to do the following:

250 units ⇒ $500

     1 unit  ⇒      x

x=( 1*500)/250= 2

The firm's short-run marginal cost is $2.

You might be interested in
Kaye Blanchard is 50 years old. She has $48,000 of adjusted gross income and $11,600 of qualified medical expenses. She will be
Mariana [72]

Answer:

$6,800

Explanation:

Calculation for How much of a tax deduction will Kaye be able to deduct (assume 10% floor for deduction)

Tax deduction=$11,600-(10%*$48,000)

Tax deduction=$11,600-$4,800

Tax deduction=$6,800

Therefore the amount of tax deduction that Kaye will be able to deduct (assume 10% floor for deduction) is $6,800

6 0
3 years ago
What is the advantage of having only one inbox?
Alik [6]
You can receive all emails without switching to other inboxes. its convient and faster
8 0
3 years ago
Read 2 more answers
The characteristics that make a team effective include ________.
Sonbull [250]

Answer:

- context, composition, work design, and processes

Explanation:

While all the option have important parts which makes a team effective there are options with characteristics which do not affecrt the team effectiveness.

The resources available can vary between the projects thus, cannot determinated the effectiveness of a team. Thus, the second cannot be correct.

The size is a variable part as well thus, the third option cannot be correct neither.

Finally the task significance, the team should do an efficient job regardless of how much crucial is the job As if done badly all task have impact on the overall firm outcome. From janitor to managers is required that all team jobs make the extra mile or effort to achieve the desired outcome. Thus the fourth statement is not correct.

3 0
3 years ago
determining what items or products you need is the first step in purchasing. this is called a purchasing .
Serga [27]

Identification of the need is the first step for purchasing process.

<h3>Is a buying situation in which the customer purchases a product or service for the first time?</h3>

Modified rebuy: A business shopping for scenario in which the buyer needs to alter product specifications, prices, terms, or suppliers. New task: A enterprise shopping for situation in which the consumer purchases a product or carrier for the first time.

<h3>What are the 3 buying process?</h3>

It is the journey or shopping for manner that customers go through to grow to be conscious of, evaluate, and buy a new product or service, and it consists of three degrees that make up the inbound advertising framework: awareness, consideration, and decision.

Learn more about purchasing process here:

<h3>brainly.com/question/1489991</h3><h3>#SPJ4</h3>
3 0
1 year ago
Loger's, a high-end apparel company in Bruslon, an Asian country, cuts back on production as consumers start turning to basic pr
eimsori [14]

Answer:

d. economic contraction

Explanation:

Contraction is in economics means it is business cycle phase where the overall economu should be fall. Also the contraction should arise when the cycle of the business is in peak but it should be prior to became as a trough

So at the time of economic contraction, the company normally took the measures of the cost cutting

So as per the given situation, the option d is correct

3 0
3 years ago
Other questions:
  • Blake Williams has done some research and has discovered that economists believe interest rates will rise significantly over the
    5·2 answers
  • A toothpaste manufacturer that bands two products together, selling two for the price of one, is using which type of consumer pr
    6·1 answer
  • What are ethics? how would they apply to business and technology?
    11·1 answer
  • Melody's Piano School operations for the month of May are summarized in the following three transactions: - Provided $1,150 of i
    15·1 answer
  • You are not required to stop for a school bus traveling toward you separated by a median or barrier that is a minimum of____feet
    9·2 answers
  • Brent would like to start a small landscape business this summer. He has a lawn mower, but needs a truck to
    11·1 answer
  • On March 3, Cobra Inc. purchased a desk for $300 on account. On March 22, Cobra purchased another desk for $390 also on account,
    10·1 answer
  • Umay oh ito para sa mga taong di makuha si CRUSH
    14·2 answers
  • Larkspur Company has been operating for several years, and on December 31, 2020, presented the following balance sheet.
    15·1 answer
  • 3.1.2 Give an example of taxes on products.​
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!