Answer:
Total Assets Turnover Ratio
Answer:
25%.
To start out, general operating expense should not exceed 25%.
Add-on:
i hope this helped at all.
In her new job, alison determined to make her <u>mark</u> from the start. Hence, the correct answer is mark. Read below about making one's mark.
<h3>What does it mean to make mark?</h3>
If one makes his/her mark or make a mark, one becomes noticed or famous by doing something impressive or unusual.
Therefore, the correct answer is mark.
learn more about idiomatic expression: brainly.com/question/902417
#SPJ12
Solution :
A firm hires labor till a point where the cost of hiring is equal to the value of the additional revenue it produces.
We know ,
the wage rate = cos of hiring an additional worker
the value of the additional revenue that the firm produces = price x (MPI) marginal product of the labor.
Therefore, the firm will hire when :
Wage = value of the additional revenue it generates
Thus, wage = price x (MPI) marginal product of the labor ...........(i)
Therefore, given :
wage of a worker = $ 45
Price = $ 12
So, 45 = 12 x MPI
MPI = 3.8
So the marginal product of employing three days of labor = 25-18/4-3 = 7
Marginal product of employing four days of labor = 30-25/4-3 = 5
So the 4th day produces less revenue than the cost that it generates.
So, the firm should hire 3 workers.
Answer: The Production Possibilities Curve (PPC) is a model that captures scarcity and the opportunity costs of choices when faced with the possibility of producing two goods or services. Points on the interior of the PPC are inefficient, points on the PPC are efficient, and points beyond the PPC are unattainable.
