Answer:
The correct answer to the following question is option B) both statements i and ii are correct.
Explanation:
First of all the marginal product can be defined as the additional unit of product that a business can produce by using additional unit of input. And marginal revenue product refers to the change that occurs in the total revenue due to the production of additional unit of product.
Any competitive firm would hire additional workers only when the MRPL (marginal revenue product of labor) is greater than the wages paid to that labor and additional cost incurred in hiring those workers and they would stop hiring the workers when the MRPL is equal to the cost paid to the workers.
So they will want to buy them if someone sees a product they like and maybe feels a connection to buy it then they will buy it
Answer:
ok man. Copied text is stored in the clipboard for 1 hour.Press and hold an item to delete it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to pin it.Press and hold an item to delete it.Copied text is stored in the clipboard for 1 hour.Copied text is stored in the clipboard for 1 hour.Copied text is stored in the clipboard for 1 hour.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to pin it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to delete it.Press and hold an item to pin it.Copied text is stored in the clipboard for 1 hour.Press and hold an item to pin it.Press and hold an item to delete it.Copied text is stored in the clipboard for 1 hour.
Answer:
$3,180
Explanation:
Monthly salary would be the base salary = $2500
Since he would earn 2% of all orders, calculate the dollar value of the commission when total orders amount to $34000;
Commission = 2% *34000 = $680
His total pay would be calculated by adding the base salary to the commission amount;
Total pay = base salary + commission
Total pay = $2500 + $680
Total pay = $3,180
If another company was selling a laptop very similar to the one you are debating on buying or if in a year a much better version was going to be released.
