Answer:
Commission
Explanation:
Commission is a payment based on the amount of sales an employee makes and is usually based on a percentage of total sales.
Answer:
The correct answer is option B.
Explanation:
A restaurant is hiring labor.
The marginal revenue cost of the last worker is $16.
The marginal revenue product of the last worker is $12.
We see that the marginal revenue cost is higher than the marginal revenue product.
This implies that the cost incurred in hiring the last worker is higher than the marginal contribution from the last worker.
So the restaurant can maximize profit by hiring fewer workers. The profit-maximizing level will be where the marginal revenue cost will be equal to marginal revenue product.
Answer:
d. $48,000
Explanation:
The calculation of ending inventory using average cost method is as seen below;
Total units = 200 + 400 + 100
Total units = 700
Total cost = (200 × $140) + (400 × $160) + (100 × $200)
Total cost = $28,000 + $64,000 + $20,000
Total cost = $112,000
Average cost per unit = Total cost ÷ Total unit
Average cost per unit = $112,000 ÷ 700
Average cost per unit = $160
Ending inventory = Total units - Units sold
Ending inventory = 700 - 400
Ending inventory = 300
Therefore, cost of ending inventory
= Ending inventory × Average cost per unit
= 300 × $160
= $48,000
Answer:
e) there is short-term movement of funds from one currency to another in the hopes of profiting from shifts in exchange rates.
Explanation:
The act of getting, purchasing and then keeping the currency in the purpose of obtaining profit by selling it in higher value in the future is speculation of currency. In general understanding, currency speculation is the processes of buying and selling the currencies in order to make more profit than now. The currency speculation take places often in currency markets where contains businesses and traders or dealers being busy on this area. Currency speculation is also unique, relative to other prominent forms of investment, because traders typically buy or sell one currency relative to another.
Answer:
A-an open market purchase of bonds by the central bank
Explanation:
It just makes too much sence to me for it not to be A.