The correct answer is- the MRP exceeds the wage rate.
<h3>How does MRP influence wage rates?</h3>
Basic economic theory suggests that wages depend on a worker's marginal revenue product MRP. (this is basically the value that they add to the firm which employs them.)
MRP is determined by two factors: MPP – Marginal physical product – the productivity of a worker.
<h3>What factors increase wages?</h3><h3>Productivity:</h3>
Wage increase is sometimes associated with increase in productivity.
Workers may also be offered additional bonus, etc., if productivity increases beyond a certain level.
Learn more about MRP and wage here:
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brainly.com/question/21252933</h3><h3 /><h3>#SPJ4</h3>
Answer: 1). 2 roses and 2 tulips
2). 1 rose and 3 tulips
3). 3 roses and 1 tulip
Explanation: In combining the flowers, the customer considers the amount in hand ensuring he spends at least $100 but not more than $175.
1). He can combine 2 roses and 2 tulips at the cost of ($40x2) + ($35×2) = $80 + $70 = $150
2). He can choose to buy 1 rose and 3 tulips at the cost of $40 + ($35×3) = $40 + $105 = $145
3). A combination of 3 roses and 1 tulip is also possible at a cost of ($40×3) + $35 = $120 + $35 = $155
Answer:
Push strategy
Explanation:
A push promotional strategy works to create customer demand for your product or service through promotion: for example, through discounts to retailers and trade promotions. Push promotional strategies also focus on selling directly to customers, for example, through point of sale displays and direct approaches to customers
Black and Decker hopes its push strategy will lead to a more effective product launch.
Answer:
A.57.9%
Explanation:
Return on Assets (ROA) measures how effective a business generates income from its total assets. It is calculated from the net income and total assets using the following formula;
Return on assets (ROA ) = Net income / Total assets
Net income = 275,000
Total assets = 475,000
ROA = 275,000 / 475,000
= 0.5789 or 57.9%
Answer:
The correct answer is (A)
Explanation:
Product efficiency is a key aspect which every firm or organisation must achieve to improve revenue and profits. Product efficiency is a way to allocate resource to produce goods and service at the lowest average cot possible. Firms usually apply economist of scale to achieve product efficient. Product efficiency can only be achieved by using scarce resources efficiently and effectively.
