Answer:
Marginal Revenue Product=150
Marginal Resource Cost= 100
Explanation:
Marginal revenue product (MRP) is the change in total revenue that results from a unit change of some type of variable input.
Marginal Revenue Product= Revenue Change
/Additional Input
Marginal resource cost (MRC) is the change in total cost that results from a unit change of some type of variable input.
Marginal Resource Cost= Cost Change
/Additional Input
In this situation we must calculate the change of revenues (MRP) and cost (MRC) when we add a new vehicle.
We are increasing our delivery fleet in 1 unit
First calculate the change in total revenue
Total revenue= 1,500 packages * $0.10 in revenue=150
Marginal Revenue Product=$150/1=150
The Cost change is $100,
so Marginal Resource Cost= $100/1=100
The correct answer is task attraction. Task attraction is
being defined as having to engage in attraction by which it involves of having
to be attracted towards other people in regards to their abilities or the
characteristic that the individual possess.
-Focuses job choice and career direction
-Access to jobs not readily advertised
-Gain insider information
-Learn about specific employers
-Opportunity to promote yourself
-Chance to practice communication and interview skills
Answer:
$800
Explanation:
The computation is shown below:
First we have to determine the total amount invested that is shown below:
= $11,000 + $4,000 + $5,000 + $8,000
= $28,000
And, the profit is $5,600
So, the percentage is
= $5,600 ÷ $28,000
= 0.2
Now the Gary share is
= $11,000 × 0.2
= $2,200
And, each share in profit
= $5,600 ÷ 4
= $1,400
Now the final amount is
= $2,200 - $1,400
= $800
Answer:
17%
Explanation:
If a company issued a short-term note payable to a bank with a stated 12 percent rate of interest and in addition the bank charged a .5% loan origination fee and remitted the balance to the company. The effective interest rate paid by the company in this transaction would be 17%
The effective annual interest rate is <u>the interest rate that is actually earned or paid on an investment, loan</u> or other financial product.
Hence, since the company is both paying the initial 5% and the later 12%, effectively the company is paying 17% on the note payable.
