Answer:
a. More labor and less capital should be used to reduce cost.
Explanation:
Condition for profit maximization is where the Marginal rate of technical substitution = Ratio of factor-input prices. This condition is known as a Producer Optimum in Long Run. MRTS itself is the ratio of Marginal Productivity of Labor to Capital. Thus, MRTS > w/r implies that Relative marginal productivity of labor is greater than relative cost of labor. This means that labor comes cheaper than capital when both their productivities are compared. So it is profitable to employ more labor than capital. This will continue till wages increase up to the point where MRTS = w/r.
Answer:
$81000
Explanation:
The calculation is simple. Bond interest is simply calculated by multiplying bond value with the assorted interest rate.
For example
A bond with $1000 value with 5% interest is simply 5% of $1000 = $50
Therefore,
$3,000,000 * 2.7% = $81000
(2.7 % = 0.027)
Hope that helps.
Answer:
diminishing ; assumed
Explanation:
Given:
total utils from doing so after
the fourth, fifth, sixth, and seventh wings are 30, 50, 65, 72
Now,
marginal utility from fifth = total utility from fifth - total utility from fourth
= 50 - 30
= 20 utils.
marginal utility from sixth = total utility from sixth - total utility from fifth
= 65 - 50
= 15 utils.
marginal utility from seventh = total utility from - total utility from sixth
= 72 - 65
= 7 utils.
Here,
the marginal utility is diminishing i.e from 20 to 15 and from 15 to 7 utils
also,
it is assumed that the marginal utility will decrease when we analyse the consumer utility because the consumers gets satisfied and thus, the increase in satisfaction leads to the decrease in utility
hence, the answer is diminishing ; assumed
when giving attitude-improving feedback to an employee, one should should deal with descriptions rather than judgements. This allows the person to have a detailed account of his/her attitude.
Judgements will raise critics and bias which will not help improve the attitudes of employees but rather cause stress and also affect their self esteem thereby affecting the work performance and decline in delivery.
On the other hand being descriptive is more optimistic and the employees can easily acknowledge their attitudes and take in account.
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Answer:
Hygiene factors
Explanation:
The reason is that hygience factors are those factors that deter dissatisfaction in the employees and are all the benefits to employees that an ideal jobs have. In this case the jobs in the company as highest salaries and excelent working conditions in the industry. These are the factors that keeps the employees at least satisfied and is the reason why the employees are not motivated.