1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
larisa86 [58]
3 years ago
12

As a general rule, a profit-maximizing restaurant owner employs each factor of production up to the point at which the value of

the marginal product of the ________ unit of the factor employed is ________ that factor's price.A. last; equal toB. first; greater thanC. first; equal toD. last; less than
Business
1 answer:
Juliette [100K]3 years ago
4 0

Answer:

A. last; equal to

Explanation:

Marginal product of labour is the change in total output as a result of a change in quantity of labour employed.

A profit maximising firm would produce up to a point where the marginal product of last factor enjoyed in equal to the factor's price.

The marginal cost of Labour should equal to the marginal product of labour

You might be interested in
Calculate the net debt of the company based on the information below:
galina1969 [7]

Answer:

$28,300

Explanation:

Calculation to determine the net debt

Using this formula

Net debt=(Short-term interest bearing debt +

Long-term interest bearing debt+Non-interest bearing liabilities)-Cash and equivalents

Let plug in the formula

Net debt=($ 3,000 +$25,000+$ 1,500)-$ 1,200

Net debt=$29,500-$1,200

Net debt=$28,300

Therefore Net debt is $28,300

6 0
3 years ago
f interest rates rise but the quantity of loanable funds demanded and supplies remains constant, this implies that Group of answ
babymother [125]

Answer:

The demand and the supply of loanable funds both remained the same.

Explanation:

If the interest rates rise, but both demand and supply of loanable funds remanin constant, this means that demand and supply remained the same.

This would be a problem in the real world, because when interest rates rise, what should happen is that the supply of funds rise, while demand falls, because a rise in interest rates makes investment more expensive since interset rates are simply the price of the loanable funds.

3 0
3 years ago
The agreement of the trial balance totals is an indication that all transactions have been properly recorded in the books of acc
Zina [86]

Answer:

No

Explanation:

The trial balance shows the totals of all transactions that have been recorded. It has no way of knowing if there are additional transactions that have not been recorded.

3 0
3 years ago
A turnkey project includes Multiple Choice government investment. construction up to but not including actual production. direct
Tema [17]

A turnkey project includes construction up to but not including actual production. Option B. This is further explained below.

<h3>What is construction?</h3>

Generally, construction is simply defined as the process of erecting a building.

In conclusion, The building process, but not the manufacturing itself, is included in a turnkey project.

Read more about construction

brainly.com/question/8606089

#SPJ1

3 0
2 years ago
What is everyone planning to do this summer?
Lemur [1.5K]

Answer:

read, relax, try to sleep in as long as I want, work out, and eat lol

have a good day :)

Explanation:

6 0
3 years ago
Other questions:
  • If a salesperson persuades a customer to purchase a higher-priced item than the customer initially intended, the salesperson has
    6·1 answer
  • Why is the stock market essential for companies and investors
    12·1 answer
  • Kindzi Co. has preferred stock outstanding that is expected to pay an annual dividend of $3.34 every year in perpetuity. If the
    14·1 answer
  • Carol and Evan recently had their first child. As two working parents, they struggled to find good, economical child care. As a
    15·2 answers
  • On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock split on its 60 million, $1.00 par, common shares, t
    12·1 answer
  • Forever Quilting is a small company that makes quilting kits priced at $120 each. There is no quantity discount. The costs of th
    14·1 answer
  • Allocation of Package Purchase Price Tamarack Company purchased a plant from one of its suppliers. The $1,000,000 purchase price
    12·1 answer
  • Networks are proven to be relevant in the context of innovation and entrepreneurship. Explain
    12·1 answer
  • Current operating income for Bay Area Cycles Co. is $40,000. Selling price per unit is $100, the contribution margin ratio is 20
    11·1 answer
  • Why is 10 cents earned far more valuable than a dollar found. Critical thinking.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!