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Aleks04 [339]
3 years ago
6

Compare two options for saving money. Address the advantages and disadvantages of each option.

Business
1 answer:
kvv77 [185]3 years ago
8 0
Advantage: you can save up to afford more than you would if you just spend it. It also would help you if you are in a time of need to have the spare cash.

Disadvantage: although it’s hard to see the disadvantages of saving money the only thing I could think of would be missing out on deals or something along those lines.
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Suppose a firm uses labor and capital to produce output. The last unit of labor hired has a marginal product of 12 units of outp
Marta_Voda [28]

Answer:

$10

Explanation:

The marginal rate of technical substitution (MRTS) is an economic theory that illustrates the rate at which one factor must decrease so that the same level of productivity can be maintained when another factor is increased.

DATA

Marginal Product Labor (MPL)= 12

Marginal Product Capital (MPk) = 20

Price of labor = w = 6

Price of capital = r

Solution

Marginal rate of technical substitution = MPL/MPk

Marginal rate of technical substitution = 12/20

Marginal rate of technical substitution = 3/5

At optimal choice MRTS = PL/Pk  

MRTS = w/r

3/5 = 6/r

3r = 30

r = 30/3

r = 10

7 0
3 years ago
C&A Fast Food has four activities in serving a customer: greet customer, take order, process order, and deliver order. Each
Likurg_2 [28]

Answer:

B.0.3125

Explanation:

The computation of the cost of direct labor in $ per customer is shown below:

= Total employee cost ÷ take order time

where,

Total employee cost equal to

= Each employee wages rate per hour × number of employees

= $7.5 × 5

= $37.5

And, the take order time is

= 30 × 4 employees

= 120

So, the cost of direct labor per customer is

= $37.5 ÷ 120

= 0.3125

7 0
3 years ago
The whistleblower protection act allows whistleblowers to take time off from their jobs if they are concerned with actions of th
Archy [21]

Answer: prohibits reprisals against whistleblowers by their superiors.

Whistleblowers are persons, who report illegal activities by an employer, government or organization. Since whistleblowers may risk retaliation from these groups for disclosing such information, a state and federal protection act for whistleblowers (WPA) was created to protect them. The act prohibits reprisals against whistleblowers by their superiors.

8 0
4 years ago
Henry Ford would have been most interested to bring which modern innovation to his automotive factories?
alexandr402 [8]
"Assembly lines" is the one modern innovation among the following choices given in the question that Henry Ford would have been most interested to bring <span>to his automotive factories. The correct option among all the options that are given in the question is the fourth option or the last option. I hope it helps you.</span>
8 0
4 years ago
Read 2 more answers
Which of the following is one of the first things you should do when preparing to present yourself to employers?
GrogVix [38]
You did not provide a list but I feel you should dress professionally and be prepared to talk in a professional manner. I hope this helps. :)
5 0
3 years ago
Read 2 more answers
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