Answer:
I would hire 4 workers
Explanation:
Marginal cost is $95 for each case
Now we cale to solve for marginal revenue
1st employee:
(21 - 0) x 6 = 126
2nd employee
(40 - 21) x 6 = 114
3rd employee
(59 - 40) x 6 = 114
4th employee
(75 - 59) x 6 = $96
5th employee
(85 - 75) x 6 = 60
As after the fourth employee the amount of additional duplicated is lower than the employee wages it will not hire more.
Answer:
The Fed needs to engage in an expansionary monetary policy.
Explanation:
An expansionary monetary policy is carried out by lowering the interest rates and purchasing government securities. This will increase the money supply and increase total spending. An increase int eh total spending should reverse the decline of the economy and help it rebound.
Answer:
The August's cash disbursements for materials purchases would be
$172,500.00 for Vaughn Manufacturing
Explanation:
The cash disbursements in the month of August consist of the three-fourth cost of the August purchases and the one-fourth of the July purchases since the 3/4 of the cost of materials purchased is paid in the same month as purchases and the balance of 1/4 of purchase cost in the succeeding month
Cash disbursements in August=($170,000*3/4)+($180,000*1/4)=$127500
+$45,000=$172,500.00
Answer:
Building, $352,000; Badger's Capital $226,000.
Explanation:
Calculation for the amounts recorded for the building and for Badger's Capital account are:
Based on the information given we were told that the building has a market value of the amount of $352,000 which means that the amounts recorded for the building will be $352,000
Badger's Capital =$352,000-$126,000
Badger's Capital =$226,000
Therefore the building and for Badger's Capital account are:
Building, $352,000; Badger's Capital $226,000
