Answer:
It will take 16.09 years.
Explanation:
Giving the following information:
Future value= $20,000
Present value= $5,000
Interest rate= 9%
<u>To calculate the number of years required to reach the objective, we need to use the following formula:</u>
n= ln(FV/PV) / ln(1+i)
n= ln(20,000 / 5,000) / ln(1.09)
n= 16.09
It will take 16.09 years.
Answer:
Increase; fall
Explanation:
Due to the slightly above normal rainfall levels which led to a large black morel harvest, <em>the supply of the commodity will increase</em>.
However, since demand for the commodity is expected to remain the same as it was in 2007 despite the increase in supply, <em>the equilibrium price is expected to fall</em> as supply exceeds demand.
Answer:
marginal resource cost is equal to their MRP
Explanation:
A business's profit will maximize when its marginal resource cost equals its marginal revenue product.
Marginal revenue product calculated by multiplying the marginal physical product (MPP) times the marginal revenue (MR), e.g. an additional worker can produce 10 units and each unit costs $10, MRP = 10 x $10 = $100
Marginal resource cost is the cost of using an additional unit of input, e.g. cost of hiring an additional worker.
Answer:
$29.00
Explanation:
Direct labor time standard consists of basic time plus allowance for breaks, downtime and rejections.
The direct labor standard cost per hour will be a combination of all factors relating to labor:
Carpenters' wages are $20.00 per hour.
Payroll costs are .............$3.00 per hour,
and benefits are .............$6.00 per hour.
Standard labor cost IS..$29.00 per hour.
Answer:
b) false
Explanation:
tell me if I'm wrong. mark me brainliest if this helps :)
