Why did credit unions survive the last financial crisis better than banks?

Use the following to answer questions 3-8: Number of Workers Total Cost 0 1000 1 2200 2 3200 3 4000 4 4600 5 5000 6 5200 7 560

Firlakuza [10]

Answer:

Firm should hire the 4th worker as MR > MC.

Explanation:

Here, we are comparing the marginal cost of hiring 4th worker with the revenue generated by the 4th worker.

Marginal cost of hiring 4th worker:

= Total cost with 4 workers - Total cost with 3 workers

= $4,600 - $4,000

= $600

Total revenue generated by the 4th worker:

= Number of units produced by 4th worker × Price of each unit

= 50 × $15

= $750

Therefore, the firm should hire the 4th worker as the marginal revenue of 4th worker is greater than its marginal cost.

3 0

3 years ago

Progressivism dbq where will you put your million dollars answers

lyudmila [28]

The correct answer to this open question is the following.

Unfortunately, it seems that something is missing here. "Progressivism, where will you put your million dollars answers?" is the section of the examination, but it is not a specif question.

So what is what you want to know?

However, trying to offer some help, we can comment on the following.

Progressivism was the period in the history of the United States during the end of the 1800s and the beginning of the 1900s, in which many social leaders demanded changes to the consequences of the industrial era and exposed the ways fabrics and industries exploited workers and children. It also was a time when "muckraker" journalists exposed the corruption of the federal government. It was a true time of changes in America.

Those progressive leaders and their ideas made the government to create the kind of legislation to change things for the better in the country.

6 0

3 years ago

To fully leverage the capacity of the health workforce and align care processes to emerging financial incentives, scope-of-pract

Delicious77 [7]

The scope of practice regulations for Nurse Practitioners (NP) should be reconsidered.

Across the states, there is substantial variation in the scope of practice permitted to NP’s. Some states allow NP’s to provide care independently without the need for physician collaboration or supervision, while other states do not allow NP’s to do so. Thus there is a great need to align the regulations set for NP’s.

4 0

3 years ago

What are the three legal forms of business organization? What are their advantages and disadvantages?

algol13

Answer:

There are three legal forms of business organization that are sole proprietorship, society and corporation.

Explanation:

Sole proprietorship: A company that has only one person and works for its own benefit. In almost all the world there are a large number of sole proprietorships which are usually small companies, the most common being for example a personal teacher, a bicycle workshop, etc.

Advantage:

- The owner receives all profits and profits.

- Independence

Disadvantages:

- There is unlimited liability so that all income can be used to pay debts.

- The owner performs several activities.

Company: company that has two or more people. In general, partnership companies are larger than sole proprietorships. The most common companies in society are finance and insurance.

Advantage:

- Raises more funds than sole proprietorship.

- Greater intelligence and administrative ability.

Disadvantages:

- The company dissolves when a partner dies.

- Difficulty to liquidate or transfer the company.

Corporation: The property (shares) of a corporation are its shareholders. Shareholders have profits by receiving dividends that are distributions of the earnings of the shares.

Advantage:

- They have a limited liability, they don't lose more money than they invested.

- The company has a long life.

Disadvantages:

- Higher organizational costs than in other business forms since they need to hire staff.

- Subject to greater government regulation.

4 0

3 years ago

The brenda one is the question thank youuu:)

Ivenika [448]

Answer:

C. y = 11000(1.086)^7

Explanation:

Given the following data;

Principal = $11,000

Interest rate = 8.6% = 8.6/100 = 0.086

Time = 7 years

To derive a mathematical expression, we would use the compound interest formula;

$A = P(1 + \frac{r}{100})^{t}$

Where;

A is the future value.

P is the principal or starting amount.

r is annual interest rate.

t is the number of years for the compound interest.

Substituting into the formula, we have;

$A = 11000*(1 + \frac{8.6}{100})^{7$

$A = 11000*(1 + 0.086)^{7$

$A = 11000*(1.086)^{7$

$A = 11000*1.78$

A = $19,580

7 0

3 years ago