2
In numerical form on the left and written out on amount line
Answer:
1.5 cars
Explanation:
Three employees can produce a total of:
= 4 × 3
= 12 cars in an hour.
Five employees can produce a total of:
= 3 × 5
= 15 cars in an hour
So, the increase in total product of labor as I increase the labor from 3 to 5 employees:
= Total product when 5 employees are hired - Total products when 3 employees are hired
= 15 - 12
= 3 cars.
So, the marginal product of moving from 3 to 5 workers:
= 3 ÷ 2
= 1.5 cars
Answer:
Both mutual funds and money market funds are similar in the sense that they pool money from several investors in a variety of instruments. The difference is that money market funds pool the money in very liquid, short-term securities, while mutual funds do the same but in less liquid, longer-term securities.
The 63-year-old neighbor should therefore split the money around 60/40, 60% of the funds for mutual funds, in order to have long-term security, and 40% in the money market funds, in order to have quick cash available when needed.
Answer: d. Uncle John's
Absolute Advantage refers to the ability of an individual, company, region or country to produce a particular product or service at a price lower than that of his or her or its competitors.
When the price for the company's products are lower in comparison to other similar products, the demand for its products are more and it's able to sell more number of units than its competitors.
In this case, Uncle John's has the absolute advantage since it sold the most number of cookies (125)
Answer: Zoning Map Amendment?
Explanation:
Zoning Map Amendment is an official document showing that there is a change in the way the land or property is divided into zones within a district and also the way it is being used either for industrial, residential or business purpose.
It is also known as Rezoning, this process can only begin if requested by town council, town manager or the owner of the property, this is done through application which has to be submitted 30days ahead to the committee meeting.
