Answer:
90
Explanation:
Marginal product is the change in total output when an additional unit of input is added. In this example the unit of input is every 1 hour spend on work and output is amount of output for the additional hour. Third hour is the one additional hour used in which 90 nails have been hammered. So, marginal product for third hours is 90 nail.
Answer:
$1.48 million
Explanation:
Particulars Amount
Net working capital $2.12 million
Add: Market value of fixed assets <u>$33.90 million</u>
Total fair value <u>$36.02 million</u>
Goodwill = Purchase price of N Home Fashions - Total fair value of N Home Fashions
= $37.5 million - $36.02 million
= $1.48 million
Therefore, the amount of goodwill is $1.48 million.
Answer:
Cartel, oligopoly
Explanation:
In this kind of market with little producers and little differenciation among the products there are no incentives for other companies to enter because of the barriers, so it's extremely likely that if one of them reduces their prices this industry can't generate economic profits.
Answer:
$62.40
Explanation:
Cost per unit = Total manufacturing cost + 40 % markup
therefore
Total manufacturing cost = $16 + $10 + $16 + ($502,200 ÷ 27,900)
= $60
Cost per unit = $60 + ($60 x 40 %)
= $62.40
Conclusion
The total cost per unit is $62.40