Answer:
Reduce employment because the wage paid is more than the marginal revenue product.
Explanation:
If the wage rate is $30, then the marginal cost for the eight worker is $30.
The marginal revenue product of the eight worker is given by the marginal product multiplied by the price per bushel:
Since the marginal revenue product of the eight worker is less than the marginal cost (MR < MC), the farmer should reduce employment.
As a general rule, the underground economy in a country will be bigger when the red tape is oppressive.
Oppressive means to have hardship or constraint on a specific group.
The Red Tape meaning is to have excessive rules and regulations in businesses.
Answer:
$18,750
Explanation:
The computation of cash or securities is shown below:-
Initial margin or cash or securities to be put into brokerage = Number of shares × current market price per share × Initial margin
= 300 × 125 × 50%
= $18,750
Therefor for computing the initial margin or cash or securities to be put into brokerage we simply applied the above formula.
Answer:
The difference of $400 in the prices of the securities is called Option D: the spread.
Explanation:
Reese buys securities and after 8 months when the prices go up, she sells the securities in a higher amount. There is difference of $400 in these prices. This difference is called the spread.
Spread is basically difference in the price of the same good at different dates. The securities Reese bought are sold 8 months later. So, it is the spread, Option D.
In case of price override, the price of the commodity is changed after application of discount. Price dispersion is the difference of price different sellers are giving at the same time. Thrift refers to spending money carefully. Thus, all the others options a, b and c are incorrect.
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