<span>Job 1 is a better choice because the annual income after housing is $65,800 but that of job 2 is $64,700.</span>
MPL implies the extra output level, that is being produced by hiring an additional unit of labor.
So when the 16th worker is hired, the output level rises by = (340-325)
= 15 units.
In science education, a word problem is a mathematical exercise (including in a textbook, worksheet, or exam) wherein sizeable background statistics on the problem is offered in everyday language as opposed to in mathematical notation. As most phrase issues contain a narrative of a few sorts, they may be every now and then referred to as story issues and might range in the amount of technical language used.
To clear up trouble like this by algebra, one interprets the phrases into a gadget of equations, expressing the usage of mathematical variables and operations. For this problem, it's far more convenient to work out the solution first in minutes, and then convert it to hours.
Learn more about word problems here: brainly.com/question/1781657
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Answer:
a lot of competition from other artists that also have similar skills as Natalie.
Explanation:
The problem that Natalie is facing is that there is too much competition in the theater industry and jobs are scarce. The supply of talented artists is much higher than the demand, therefore, she is only able to earn a small amount of money.
Answer:
- employees
- independent contractors
Explanation:
Independent contractors are people that are hired to work for another person or company but not as employees and they must pay their own Social Security and Medicare taxes.
Answer: 6%
Explanation:
Based on the information given, when the flotation costs is ignored, the company's cost of preferred stock will be calculated thus:
Cost of preferred stock = Dividend on preferred stock / Price of preferred stock
Cost of preferred stock = 4.5/75 = 0.06 = 6%
Therefore, the cost of preferred stock is 6%.