Answer: Option (d) is correct.
Explanation:
Correct option: For the 10th worker, the marginal revenue product is $120 per day. 
If she hires 9 workers then the store can sell 200 pounds of produce per day
If she hires 10 workers then the store can sell 230 pounds of produce per day
Extra units produce from hiring 10th worker = 230 - 200 = 30 pounds of produce per day
Store earns = $4 for each pound 
Therefore, the marginal revenue product for the 10th worker = selling price of each pound × Extra units produce from hiring 10th worker
= $4 × 30
=$120
 
        
             
        
        
        
Answer:
that would be employers or acquaintances
 
        
                    
             
        
        
        
Answer:
At 9.70% discount rate would you be indifferent between these two plans.
Explanation:
Present Value of Perpetuity = P/r
Present Value of Annuity = P/r[1 - (1 + r)^-n]
$14,000/r = $20,000. /r[1 - (1 + r)^-13]
(1 + r)^-13 = 1 - $14,000/$20,000. 
(1 + r)^13 = 10/3
r = 9.70%
Therefore, at 9.70% discount rate would you be indifferent between these two plans.
 
        
             
        
        
        
Answer:
 its weighted cost of capital for the coming year is 9.64%
Explanation:
WACC is the minimum return expected from a project. It shows the risk of the company.
<u>Calculation of WACC.</u>
Capital Source              Weight            Cost               Total
Debt                                  40%            6.60%             2.64%
Common Equity               60%             11.67%            7.00%
Total                                100%                                    9.64%
Cost of Debt = Market Interest Rate × ( 1 - tax rate)
                      = 11%×(1-0.40)
                      = 6.60%
Cost of Equity = (Next year`s dividend/Current Market Price of a share)+Expected growth rate
                        = ($1.40/$30)+0.07
                        = 11.67%