Answer:
A) the firm should hire additional workers.
Explanation:
if the marginal production of the tenth worker is 5 units or output and the price of each unit is $4, the the workers total marginal product revenue (MPR) = 5 units x $4 per unit = $20
Since the cost of hiring that tenth worker is $15 (less than MPR), then the company should hire more additional workers until the MRP = labor cost
Answer:
C. 3%
Explanation:
Given that
I = 1875 + 375 = 2250
V = 75000
Recall that,
I/V = R
So,
= 2250/75000
= 0.03
To percentage = 0.03 × 100
= 3%
Answer: $3 million
<span>Opportunity cost is the cost of choosing one alternative (10% rate of interest in the bank) over another ($2 million in accounting profit) and missing the benefit offered by the forgone opportunity. Opportunity cost is the benefit that the manufacturer could have received, if he will invest in the bank but gave up, to produce pencils instead. In this case, it is 10% of $30 million which is $3 million.</span>
Answer:
It is a very true statement (EPLAINED) below.
Explanation:
The pre-eminence concerning the product in agile denotes extra meaning than meanwhile traditional project management (this means a worldly exercise which involves a collection of advanced methods applied for preparation, evaluating, and managing actions), because that result, conversely outcome will encourage this illustration of a specific project. Through adopting a methodical manner for constructing a WBS, project company constituents can guarantee that they comprehend all deliverables that are demanded to be formulated.