The marginal revenue product for the 1,001st worker is 30.
Marginal revenue product= MR*MPL
=3*10
=30
WHERE MR is MARGINAL REVENUE AND MPL is MARGINAL PRODUCT OF LABOUR.
Marginal sales product (MRP), additionally referred to as the marginal price product, is the marginal sales created because of an addition of 1 unit of useful resource. The marginal sales product is calculated with the aid of using multiplying the marginal bodily product (MPP) of the useful resource with the aid of using the marginal sales (MR) generated.
The marginal sales manufactured from hard work represents the more sales earned with the aid of using hiring a further employee. It shows the real salary that the organization is inclined and may come up with the money for to pay for every new employee they hire, and the salary that the organization will pay is the marketplace salary fee decided with the aid of using the forces of deliver.
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Answer: 4.82 times
Explanation:
GDP grows by 6.0% for 27 years. To find out how many times it will grow by, use the following:
= (1 + growth rate) ^ no. of periods
= (1 + 6%)²⁷
= 4.8223
= 4.82 times
Answer:
Explanation:
a) loss from selling the assets = Total liabilities - amount not sufficient to pay for creditors = 78000 - 28000 = 50000
Loss = Assets - loss from selling the assets = 126000 - 50000 = 76000
B) allocation of loss
Turner = 76000 * 10% = 7600
Roth = 76000 * 40 % = 30400
Lowe = 76000 * 50 = 38000
C) partners capital after allocating above loss
Turner capital = 2500 - 7600 = -5100
Roth = 14000 - 30400 = -16400
Lowe = 31500 - 38000 = -6500
Contribution from partners required to pay 28000 debt
:
Turner = 28000 * 10% = 2800
Roth =. 28000 * 40% = 11200
Lowe = 28000 * 50% = 14000
Answer:
The correct answer is option A.
Explanation:
A hurricane that hit Florida has destroyed homes. The rebuilding process will take weeks and months. The price of building materials has increased as well. This increase in price is because of increased demand for building materials.
The demand curve for building materials has moved to the right. This has led to an increase in the price of building materials. The firms are taking advantage of this increase in demand by raising the price by over 100 percent.
Answer:
telecommuting bc it's remote
