Answer:
A) the firm should hire additional workers.
Explanation:
if the marginal production of the tenth worker is 5 units or output and the price of each unit is $4, the the workers total marginal product revenue (MPR) = 5 units x $4 per unit = $20
Since the cost of hiring that tenth worker is $15 (less than MPR), then the company should hire more additional workers until the MRP = labor cost
Answer: Yes
Explanation:
If the difference in average spending amounts between the two groups is determined to be statistically significant, it would be legitimate to draw such a conclusion.
Why?
Those who were told that it was a Tuition rebate, a reward of sorts, had spent on average, $22.04 whilst those who thought it was simply bonus income had spent significantly less at $9.55.
This means that indeed there is a CAUSE and EFFECT conclusion to be drawn between what the money was called and how much was spent because it is clear that when called a tuition rebate, more of it is spent as opposed to it being called a Bonus income.
Its the the second step,
1. Identify critical information
2. Analyze threats
3. Analyze vulnerabilities
4. Assess risk
5. Apply OPSEC measures
Two examples of human capital that can be developed are:
Education : by enrolling in school, education is developed. During the process of education, skills needed for the production of goods and services in developed.
Job experience : by undertaking internships and summer jobs, labour is developing their human capital.
<h3>
What is human capital?</h3>
Human capital are qualities that labour posses that are useful in the production of goods and services. Human capital is an an intangible asset. It is the economic value attached to labours' skills and expertise.
Examples human capital are:
- Education.
- experience
- Mental and emotional well-being.
- People management.
- Communication skills.
To learn more abut human capital, please check: brainly.com/question/7193861
