The marginal product of the 14th worker is 8 and the firm sells its output for $4 per unit. if labor is the only variable cost, then the value of the 14th worker's marginal product equals the wage.
The marginal product's value is equal to the wage, and it produces until the price reaches the marginal cost. A business that prioritizes profits decides how much labor it will use so that the wage and the value of the marginal product are equal. The marginal product of labor, also known as MPL, is the increase in total production that a company experiences when one additional unit of labor (often one additional employee) is added while all other factors of production stay constant. The difference in output or product caused by raising a variable input by one unit is known as the marginal product. You may figure it out by dividing the variation in production by the variation in labor employed.
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Functional headings should be used by Nora. Thus, option B is correct.
<h3>What is a report? </h3>
A report is a written product that organizes data for a specified readership and use.
A functional heading is a succinct sentence that describes the subject of the following paragraph of your dissertation, presentation, or conclusion. Headings help the reader navigate the document by organizing the representation of your reasoning.
As Nora wants to use data that will not be acceptable to all, she should use a functional heading. Therefore, option B is the correct option.
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the question is incomplete, the complete question will be:
Graphic headings
Functional headings
Talking headings
She should omit headings altogether.
Answer:
The exchange rate is $1 = 2 pounds.
Explanation:
The exchange rate is the relative value of the two currencies. In other words, the amount of one currency you can exchange for another currency.
The US dollar is defined as equal to 0.1 ounces of gold.
The British Pound is defined as equal to 0.05 ounce of gold.
The exchange rate between the two countries is
= 
= 
= 2
So the exchange rate is $1 = 2 pounds. This means that $1 can be used to exchange 2 pounds.
Answer:
A. Total expenditure on light bulb increases after the tax.
Explanation:
The government has imposed tax on the light bulb production and the new price after the tax is $14. The price before the tax was $12 and the marginal cost before tax was $9. There was a profit of $3 for the producers of the light bulb. The tax burden is shifted to the consumers of the bulb since the marginal price after tax is $12. Total expense for the production of bulb has increased due to tax.
