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Tom [10]
3 years ago
13

What is the difference between the marginal product of labor and the marginal revenue product of labor for a firm in a perfectly

competitive​ market?
Business
1 answer:
Alik [6]3 years ago
4 0

Answer:

The marginal revenue product of labor is equal to the marginal product of labor multiplied by the product price. The formula is:

  • MRP = MPL x P

The marginal product of labor is the additional output that can be achieved by adding an additional unit of labor. The marginal revenue product of labor measures the same thing but in money, not units.

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What is Eduloan and is it a good choice is it affordable...Why should we choose Eduloan and how does it work
Gekata [30.6K]
Yes it is affordable however I don’t know what eduloan is
6 0
3 years ago
Shauna Lewis Company expects the following for 2018​: times Net cash provided by operating activities of $ 140 comma 000. times
mihalych1998 [28]

Answer:

Explanation:

Net cash provided by operating activities 140,000

Less: Capital expenditures -81,000

Less: Cash dividends paid -10,000

Free cash flow 49,000

3 0
3 years ago
Galena is a new agent for a financial services company. She decides to join the local chamber of commerce, the local association
Angelina_Jolie [31]
The answer is networking, if there’s more to it then it’s networking to generate leads.
8 0
3 years ago
Wendell’s Donut Shoppe is investigating the purchase of a new $40,000 donut-making machine. The new machine would permit the com
Komok [63]

<u>Solution and Explanation:</u>

<u> Answer:1</u> The total annual cash inflows associated with the new machine for capital budgeting purposes is:

=\$ 5200+(2000 * \$ 2.40 \text { per dozen })

=$10000

<u>Answer:2 </u>The internal rate of return promised by the new machine to the nearest whole percent is:

Particulars  Year  Amount ($)

Cash outflow  0  -40000

Cash inflow  1  10000

                2  10000

               3  10000

                4  10000

               5  10000

              6  10000

IRR   13%

=13% using IRR function in excel.

<u>Answer:3</u> IRR=17%

with salvage value

Particulars  Year  Amount ($)

Cash outflow  0  -40000

Cash inflow  1  10000

                 2  10000

                3  10000

               4  10000

                5  10000

              6  22000

IRR   17%

using IRR function in excel.

5 0
3 years ago
Able, Baker, and Carter have partnership capital account balances of $600000 each. Income and losses are shared equally. Carter
poizon [28]

Answer and Explanation:

The Journal entry is shown below:-

Carter's Capital Dr $600,000

                 To Able's Capital $450,000    (3 ÷ 4 × $600,000)

                To Baker's Capital $150,000

(Being Carter’s withdrawal from the partnership is recorded)

For recording this we debited the carter capital as it shows the withdrawn amount and credited the able capital and baker capital so that the total withdrawn collected from these partners could come

4 0
3 years ago
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