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melamori03 [73]
3 years ago
10

The Pat Summerall School of Diction is employing teachers such that the marginal revenue product of teachers exceeds the wage ra

te. The school will
Business
1 answer:
katrin [286]3 years ago
4 0

Answer:

hire more teachers.

Explanation:

Since the marginal revenue product of teachers is larger than the marginal wage (cost) of teachers, then the number of teachers should increase until the marginal revenue = marginal cost (wage).

Any business, including the Pat Summerall School of Diction, will maximize its profit where the marginal revenue generated by an extra unit of product equals the marginal cost of producing that extra unit of product.

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Which job in the Finance career would be best for someone who had knowledge of banking and credit systems and the ability to rep
mash [69]

Answer:

B). Insurance Underwriter.

Explanation:

The job of 'Insurance Underwriter' would be the most appropriate career option for a person who possesses knowledge regarding the banking sector, as well as, credit organizations along with the potential to process transactions in repetition. In this job, <u>he could use his knowledge for examining the data of the applicants and evaluate the risks associated in order to decide if the insurance is to be offered to them or not along with their necessary premiums and coverages in repetition</u>. Thus, <u>option B</u> is the correct answer.

3 0
3 years ago
Read 2 more answers
Company Zeta bought new office furniture in the year 2000. The purchase cost was 92,420 dollars and in addition it had to spend
vodka [1.7K]

Answer:

3738.23

Explanation:

Accelarated Depreciation Percentage = ((cost of asset - salvage value) / years of useful life) x 2

92420 + 19420/15 * 2

So, 111840/15 * 2 = 14912

Company Zeta depreciation expense under the Accelarated Depreciation method is $111840 x 13.33333% = $14912. Company Zeta is essentially expensing 13.33333% of the asset's cost in the first year, and in each subsequent year it will multiply that 13.33333% by the remaining balance to be depreciated

2000 - First Year Depreciation would be Cost of Furniture which included installation will be 111840*13.33333% *(255 (Number of days)/365) = 10417.97 (From Apr 21 to Dec 31 2000)

2001 - Second Year Depreciation would be 111840-10417.97*13.33333% = 13522.93

2002 - Third year Depreciation would be 111840-10417.97-13522.93*13.33333% = 11719.88

2003 - Fourth Year Depreciation would be 111840-10417.97-13522.93-11719.88*13.33333% = 10157.23

2004 - Fifth Year Depreciation would be 111840-10417.97-13522.93-11719.88-10157.23*13.33333%*(155(Number of Day/365) = 3738.23

So, as of June 5th 2004 the Value of Depreciation would be 3738.23

5 0
3 years ago
12. Hector works in a gas station and earns $8.60 per hour. Last week he
dangina [55]
I could be wrong but his gross pay is 249.4
5 0
4 years ago
Wayne grants his cousin, Vinnie, a franchise in Wayne's local sandwich shop. Wayne writes the agreement so that he controls ever
aliya0001 [1]

Answer:

<u>Agence law.</u>

Explanation:

Agency law can be defined as an area of ​​commercial law that deals with the relationship between a party that has legal authority to act in place of another, called an agent.  The agent can be an individual, or some partnership or corporation. The agent deals with contractual, almost contractual and non-contractual fiduciary relationships.

The powers of the agency's law are to deal with contractual, almost contractual and non-contractual fiduciary relationships involving an agent.

3 0
3 years ago
Following is relevant information for Snowdon Sandwich Shop, a small business that serves sandwiches:
Inga [223]
In the month of june it would be 13 weeks
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2 years ago
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