Answer:
the data regarding output and the quantity of labor is missing, so I looked for a similar question and found the attached image.
if one employee is hired, total production = $80, and total cost = $55
if two employees are hired, total production = $150, and total cost = $110
if three employees are hired, total production = $210, and total cost = $165
if four employees are hired, total production = $260, and total cost = $260
hiring <u>four employees</u> should maximize profits since MC = MR
Option answer:
d. Interest = $10.64 and New Balance = $360.64
Answer:
A = $360.64
A = P + I where
P (principal) = $350.00
I (interest) = $10.64
Calculation Steps:
First, convert R as a percent to r as a decimal
r = R/100
r = 1.5/100
r = 0.015 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 350.00(1 + 0.015/4)(4)(2)
A = 350.00(1 + 0.00375)(8)
A = $360.64
Summary:
The total amount accrued, principal plus interest, with compound interest on a principal of $350.00 at a rate of 1.5% per year compounded 4 times per year over 2 years is $360.64.
Answer:
Depreciation amount at the end of one year is $10,900
Explanation:
Land is not depreciated because land is assumed to have an unlimited useful life. Building is a long lived assest and it has limited useful lives. Therefore, building is depreciated assets.
The building acquisition cost is = Building transaction value + building transfer costs + Renovation cost
= $88,000 + $4,000 + $25,000
= $117,000
Depreciation value = The building acquisition cost - The residual value
= $117,000 - $8,000
= $109,000
Depreciation amount under the Straight-line method is calculated as below:
Yearly depreciation =
=
= $10,900
Assuming the total population is 100 million, the civilian labor force is 50 million, and 47 million workers are employed, the unemployment rate it: 6 percent. The natural rate of unemployment is the: full-employment unemployment rate.
Credit, capacity, collateral, and capital