<span>D. A human resource
</span>
<span>Marginal pruduct of first worker is 3 yards. Marginal product of second worker is 4 yards. Marginal product of third worker is 5 yards.The marginal product of labor potentially increases due to specialization.</span>
Answer: $45,600
Explanation:
The Implicit cost is the opportunity cost. In other words, it is cost that was incurred because a revenue opportunity was sacrificed.
Sam sacrificed his salary as a pilot, his interest payment and the building he could be renting out.
His total implicit cost is;
= 40,000 + (10,000 * 6%) + 5,000
= $45,600
Answer: The minimum wage should be raised to 15$ an hour because some students have trouble building stable plans for their future,they need as much help as they can get and aa raise would be a small but effective change.
Answer:
Option C (Compare......actual costs) is the correct alternative.
Explanation:
- The benchmark establishing performance measurements takes place just at beginning of the assignment to monitor the construction process.
- Three restrictions exist, notably timeframe, scope as well as money. Benchmark employee performance simply monitors the implementation with these restrictions. This enables system management to identify discrepancies promptly.
The situation presented is not connected to other alternatives. This is the solution, therefore.
