1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tasya [4]
3 years ago
14

Kate is a florist. Kate can arrange 20 bouquets per day. She is considering hiring her husband William to work for her. Together

Kate and William can arrange 35 bouquets per day. What is William's marginal product?a. 55 bouquets b. 35 bouquets c. 22.5 bouquets d. 15 bouquets
Business
1 answer:
Andrew [12]3 years ago
6 0

Answer:

(d) 15 bouquets

Explanation:

it is given that kate alone can arrange 20 bouquets per day

and it is also given that when Kate and his husband William work together then they arrange 35 bouquets

we have to find the William marginal product

if both together arrange 35 bouquets and Kate alone arrange 20 bouquets it means that 35-20=15 bouquets are arranged by William alone

so the marginal product of William is 35-20=15 so the option will be the correct answer

You might be interested in
Which of the following strategies is used in the following ad:
Volgvan

Answer:

a

Explanation:

3 0
2 years ago
Read 2 more answers
The most economical way to purchase large items, such as fumiture, is to buy with
kvv77 [185]
Using cash or debit because it’s much simpler. If using cash you have a confirmed amount to give the person you are buying from
8 0
3 years ago
L. Bowers and V. Lipscomb are partners in Elegant Event Consultants. Bowers and Lipscomb share income equally. M. Ortiz will be
Mama L [17]

Answer: See attachment and explanation

Explanation:

1. Ortiz purchased a 20% interest for $20,000.

Total capital after the admission of the partner will be:

= ($96000 - $4000) + ($40000 - $4000) + $20000

= $92000 + $36000 + $20000

= $148000

The share of new partner in the capital structure will be:

= Total capital × Interest of new partner

= $148000 × 20%

= $29600

There'll be a deficiency in the profit which the existing partner contributes to and this will be:

= $29600 - $20000

= $9600

Then each partner shares =$9600/2 = $4800

2. Ortiz purchased a 30% interest for $60,000.

Total capital after the admission of the partner will be:

= ($96000 - $4000) + ($40000 - $4000) + $60000

= $92000 + $36000 + $60000

= $188000

The share of new partner in the capital structure will be:

= Total capital × Interest of new partner

= $188000 × 30%

= $56400

Since the share is less than the amount of $60000 bought in, the existing partner will be compensated in the amount of ($60000 - $56400) = $3600. Therefore each partner gets $3600/2 = $1800

Check attachment for the journal entries.

5 0
2 years ago
How to become a store owner 100 points
Free_Kalibri [48]

Answer:

Buy a store

Explanation:

If you buy a store, then you become a store owner.

You were probably looking for more detail, but this is the best I can do for now.

7 0
2 years ago
Read 2 more answers
Diego, age 28, married Dolores, age 27, in 2017. Their salaries for the year amounted to $88,750 and they had interest income of
viva [34]

Answer and Explanation:

a. What is the amount of their adjusted gross income?

Adjusted Gross Income ( AGI ) = $88,750 + $2,660 - $5,170

= $86,240

Adjusted Gross Income ( AGI ) = $86,240

b. In order to minimize taxable income, Diego and Dolores will in the amount of

From the above box, Here Diego, Dolores both are married so,  Standard Deduction in 2017 is $12,700

In order to minimize taxable income, Diego and Dolores will in the amount of $12,700

c. What is the amount of their taxable income?

Taxable income = AGI - Standard deduction - exemptions

= $86,240 - 12,700 - [ 2 * $4,050 ]

= 73,540 - 8,100

= $65,440

Taxable income = $65,440

d. What is their tax liability for 2017?

from Tax bracket for married filling jointly in 2017 table.

Tax liability = [ 18,650 * 10% ] + [ 15% [ 65,440 - 18,650 ] ]

= 1,865 + [ 15% * 46,790 ]

= 1,865 + 7,018.5

= $8,883.5

Tax liability = $8,883.5

4 0
3 years ago
Other questions:
  • Self doubt is a result of ______. a. Having great success b. Lacking self-esteem c. Successful conflict resolution d. An asserti
    8·2 answers
  • Venus Diner, a fast food restaurant, has installed two additional billing counters to reduce waiting time for customers. This ha
    8·1 answer
  • Approximately how many Americans does Toyota employ in the manufacture, research, financing, marketing, and sales of its vehicle
    14·1 answer
  • "The owner of an apartment complex hired a broker to rent six of the units. The owner further requested that the broker do every
    12·1 answer
  • Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest wil
    11·1 answer
  • A Solutions Architect has a multi-layer application running in Amazon VPC. The application has an ELB Classic Load Balancer as t
    10·1 answer
  • What will we never do in a world of scarcity? Group of answer choices Satisfy all basic human needs. Satisfy all basic human wan
    7·1 answer
  • A plaintiff sued a defendant in a patent infringement suit. To sustain his claim, the plaintiff was required to demonstrate the
    14·1 answer
  • The charter of Vista West Corporation specifies that it is authorized to issue 213,000 shares of common stock. Since the company
    12·1 answer
  • Define credit default swap. ​
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!