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Ronch [10]
3 years ago
12

Sophia is an architect and she is trying to decide whether to hire Jacob, a draftsman, to assist with her work. Sophia could hir

e Jacob at $20 per hour but it would take him three times as long to complete a task as it takes Sophia. Sophia is able to earn $90 per hour and has more architectural jobs than she is able to handle. Which of the following is true?
Business
1 answer:
Brrunno [24]3 years ago
4 0

Answer:

b. Jacob should be hired at the $20 per hour wage rate

<u>Options</u>

a. Sophia should do the drafting work herself because she has the lower opportunity cost

b. Jacob should be hired at the $20 per hour wage rate

c. Sophia should not hire Jacob because it would be faster for her to do the work herself

d. Jacob should be hired, but only if he is paid more than $30 per hour

Explanation:

Sophia cannot fullfil their client request on time without hiring an employee Assuming Jacob is the best possible candidate for Sophie she should consider to hire it as three hours of Jabor will cost 60 dollars while an hour of his work is worth 90 dollars

Thus, making convinient to hire it as there is a profit of 30 dollars.

We should also conider jacob will earn experience over time and this will make it a better employee in the long-run.

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Tatiana [17]
Usually it isn't done much, because of the penalty of bad grades, and because frankly, the professors have seen it before, and therefore, only the boldest would consider it.
3 0
3 years ago
A firm’s stock is expected to pay a $2 annual dividend next year, and the current $50 stock price is expected to rise to $60 ove
pochemuha

Answer:

Expected rate of return will be 24%

So option (b) will be correct option

Explanation:

We have given dividend in next year will be $2

So dividend D_1=2$

Current stock price P_0 = $50

And it is given that in next year stock price is $60

So growth rate =\frac{60-50}{50}=0.2 = 20%

We have to find the expected return after 12 month, that is after 1 year

We know that current price is given by P_0=\frac{D_1}{R_e-g}

50=\frac{2}{R_e-0.2}

50R_e-10=2

50R_e=12

R_e=0.24 = 24%

So expected rate of return will be 24%

So option (B) will be correct option

3 0
3 years ago
According to the multiple levels of analysis anchor:
nirvana33 [79]

ob topics typically relate to the individual, team and organizational levels of analysis.

7 0
2 years ago
Developing and establishing professional contacts that can assist you in finding employment is?
butalik [34]

It is called networking.

Networking is the informal social exchange of information and ideas between people who share a profession or a common interest. Networking frequently begins with a single point of commonality.

Networking is making use of personal, commercial, academic, or family relationships to help with a job hunt, attain career objectives, learn more about your industry, or another sector in which you'd like to work. Networking might help you learn about career prospects or gain access to a firm one want to work for.

Therefore, the answer is networking.

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6 0
1 year ago
Everything else equal, an asset's value is:
Harrizon [31]

Answer:

The correct option is A, an asset's value is inversely related to the rate of return investors require to purchase it

Explanation:

The asset value is the initial purchase price determined by discounting the future cash flows from the asset to present values using a the required rate of return.

Ultimately, the higher the required return, the lower the present value of the investment whose price is being determined and the lower the discount the rate of return used in discounting relevant cash flows to present values the higher the present values.

7 0
2 years ago
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