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Novay_Z [31]
3 years ago
10

The Grapefruit Computer Company currently produces its desired level of output. Its marginal product of labor is 10, its margina

l product of capital is 50, the wage rate is $20, and the rental rate of capital is $100. In this case, the firm should:______.
a. employ more capital and more labor.
b. employ less labor and less capital.
c. employ less labor and more capital.
d. employ less capital and more labor.
e. not change its allocation of capital and labor.
Business
1 answer:
anastassius [24]3 years ago
6 0

Answer: d. employ less capital and more labor.

Explanation: Given the marginal product of labor equals 10 and a marginal product of capital equals 50, since the marginal product of capital is now considerably larger than that of labor, increasing labor should be prioritized at this point, because due to the marginal returns on capital may soon start to diminish especially with the high capital rate. And also, high capital rate of $100, which is considerably higher than the labor wage rate of $20, the firm should employ less capital and focus more on labor

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With his parents' permission, David, a ten-year-old, purchased a plastic snow sled from Kmart. He went sledding, lost control, h
Nata [24]

Answer:

The Kmart was held by the court not liable because David assumed the risks of sledding.

Explanation:

Negligent actions are those actions that come under the rubric of tort actions. To prove negligent actions against a person or a company, the plaintiff is required to prove four things in court– duty, breach, causation, and damages.

In the given case, the court will not be held Kmart liable because David (the consumer) was aware of the risks involved in the sledding. Therefore, the case of negligent actions is not applicable for Kmart.

5 0
3 years ago
Based on the limited amount of information provided, what would you guess is the social style of the buyer? how about the social
KengaRu [80]

Customer social style refers to the method customers use when interacting.

In terms of personality, communication style, behavior, mental processes, and decision-making methods, customers differ.

<h3>Who is a Customer ?</h3>

A person who purchases goods or services from a shop, eatery, or other retailer is referred to as a customer.

A customer is any person or organization that makes a purchase from another firm. Customers are essential to businesses because they provide revenue; without them, they could not run.

No matter what industry you are in or what kinds of goods and services you provide, your clients are the most important component of your organization. Without the customer, there are no sales. As a result, they are essential in developing your marketing strategy and messaging.

To learn more about Customer from the given link:

brainly.com/question/13472502

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8 0
2 years ago
The college majors that lead to the highest median earnings for both men and women tend to be those that
Burka [1]
Question 30.... are more quantitative and analytical. 
The study about High-Paying, In Demand Job Skills, of a global media leading company will lead you to a conclusion that quantitative and analytical traits of an employee is more important than an employee who is computer literate and good at foreign languages. These traits are helpful in any field.
4 0
3 years ago
The marginal cost of a product can be thought of as the cost of producing one additional unit of output. For​ example, if the ma
jek_recluse [69]

Answer:

Check the explanation

Explanation:

C(x) = 0.06x^2 - 6x + 218

Its a quadratic function , minima would occur at vertex.

x is no. of digital cameras

x = -b/2a = -(-6/2*0.06) = 50 cameras

Minimum marginal cost : C(50) = 0.06(50)^2 - 6*50 + 218 = $ 68

4 0
3 years ago
Nour is usually the person who takes charge of the situation and gets people moving toward the group's objective. Nour probably
jonny [76]

Answer:

Power.

Explanation:

A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Also, they provide guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information.

Some types of power expressed by leaders are referent power, coercive, etc.

In this scenario, Nour is usually takes charge of the situation and gets people moving toward the group's objective. Thus, Nour probably has a high need for power because he's more often than not in charge and control while getting his team members to achieve the set objective.

5 0
3 years ago
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