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FrozenT [24]
3 years ago
5

If a worker can produce 20 units of output which can be sold for $4 per unit, what is the maximum wage that firm should pay to h

ire this worker? $80 minus the firm's profit markup It depends on what the going wage rate is in the labor market. $80 There is insufficient information to answer the question.
Business
1 answer:
Scrat [10]3 years ago
7 0

Answer:

$80

Explanation:

Maximum wage is the maximum amount of money that a firm can pay its worker based on what the worker can produce and generate as revenue to the firm.

Given that the worker can produce 20 units of output which can be sold for $4 per unit, The maximum wage that the firm can pay the worker = output × price per unit output.

Maximum wage the firm can pay the worker = 20 units × $4 per unit = $80

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At age 37 you start saving for retirement if your investment plan pays an APR of 6% and you want to have $.09 million when you r
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Answer:

Monthly deposit= $1,036.116

Explanation:

Giving the following information:

Future Value (FV)= $900,000

Number of periods= 28*12= 336 months

Interest rate (i)= 6% = 0.06/12= 0.005

<u>To calculate the monthly deposit, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= {900,000*0.005) / [(1.005^336) - 1]

A= $1,036.116

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2 years ago
Emerging adults are in a high-risk category for _____.
mario62 [17]
For many things identity theft, to be treated as if they don’t know as much etc
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3 years ago
A government is torn between selling annual pollution allowances and setting an annual pollution tax. Unlike in the messy real w
elena-14-01-66 [18.8K]

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Both methods would therefore yield the same amount if the government uses either of them.

3 0
2 years ago
A large office supply company sells many of its consumer products over the Internet. This is
Mrac [35]

A large office supply company sells many of its consumer products over the Internet. This is known as e-commerce.

Trading the consumer products over internet is the current trend these days. This way is known as e-commerce.

What is E-commerce?

  • E-commerce, often known as electronic commerce, is the exchange of goods and services as well as the sending of money and data through an electronic network, most commonly the internet.
  • These business dealings can be either B2B (business-to-business), B2C (business-to-consumer), C2C (consumer-to-consumer), or C2B.
  • E-business and e-commerce are frequently used interchangeably. The transactional procedures that make up online retail shopping are also occasionally referred to as e-tail.
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To know more about E-commerce visit:

brainly.com/question/24051375

#SPJ9

6 0
2 years ago
Suppose the price of a bag of frozen chicken nuggets decreases from $6.50 to $5.75 and, as a result, the quantity of bags demand
insens350 [35]

Answer:

17

Explanation:

I believe this, but I don't really know. Sorry.

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