Answer:
b) 5
Explanation:
W TP MP MRP
1 100
2 190 90 900
3 270 80 800
4 340 70 700
5 400 60 600
6 450 50 500
7 490 40 400
8 520 30 300
the marginal product of n labor = (total product of n labor - the total product of p labor)/(n-p)............(n>p)
Marginal revenue product = marginal product*price
the firm employ input up to marginal revenue product equal to the wage
MRP = wage or closest lower wage
where W = 5
the firm will higher 5 workers.
Answer: B. because it is important for a business to be trusted by investors, customer and the public if it is to succeed
Explanation: Ethics is defined as the set of moral principles and standards or judging whether something is right or wrong and as such, it is quite vital for managers of corporations, firms and businesses to act in an ethical manner. This is because it is important for a business to be trusted by investors, customer and the public if it is to succeed in both the short and long term.
Answer: $245
Explanation:
If the required return on the stock is 7 percent, the current share price would be calculated as:
= 6.60/1.07 + 17.60/1.07^2 + 22.60/1.07^3 + 4.40/1.07^4 + [(4.4 × 1.0525) / (7%-5.25%)] / 1.07^4
= $245.23
= $245 approximately
Therefore, the current share price will be $245
Answer:
a) true
Explanation:
Costs that can be traced to a cost object in a cost-effective way are called direct costs. Sometimes they can literally be seen on the cost object by observation. For example the wood on the table.
