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Kitty [74]
2 years ago
12

The wage rate is $10 per hour and the last worker hired by the firm increased output by 100 units. Computers rent for $100 per h

our and the last computer rented by the firm increased output by 2,000 units. To minimize costs the firm should _________.
Business
1 answer:
const2013 [10]2 years ago
5 0

Answer:

To minimise cost, the firm should lay off worker and rent more computer as it give more output per dollar invested on it.  This reduce the fixed cost of the company drastically and increase the production of the company.  The marginal cost of production and marginal revenue are economic parameter, which help to determine the amount of output and price per unit of input that will maximise the profits. The point at which marginal revenue is equal to marginal cost maximise the profit.

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Fiona, a regional sales manager, works from her office in State U. Her region includes several states, as indicated in the sales
son4ous [18]

Answer:

Payroll factor State U:

  • commissions $50,000
  • fringe benefit package $15,000

Explanation:

State           Sales Generated Fiona’s         Time Spent There

U                        $3,000,000                             20%

V                        $4,000,000                             50%

X                        $8,000,000                             30%

Sales percentage generated in state U = $3,000,000 / $15,000,000 = 20%

so 20% of the $250,000 commissions should be assigned to state U = $50,000

Time spent in state U = 20% x $75,000 fringe benefits = $15,000 assigned to state U

8 0
2 years ago
The following are the trial balance ind the other information related to Perez Consulting Engineers. Perez Consulting Engineers
Leya [2.2K]

Answer:

Hi

Explanation:

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3 0
3 years ago
The strategy in a mature industry to invest in infrastructure that would be cost-prohibitive for new entrants to deter new compe
kozerog [31]

Answer: Option D  

Explanation: In simple words, technology upgrading refers to the process in which a firm intensely changes the level of technology it is using for its operations. In such a process the organisation implements a more advanced technology so that it can enhance the operational activities within.

Technology up gradation is a necessity in today's competitive business environment but if implemented in a right way it can give an organisation a strong competitive advantage which will open new doors to success.

     For example automobile industries upgraded their technology to a higher level which made the operation at such a high scale that it became an oligopoly industry.

An oligopoly industry is the one in which there are few firms operating at a high scale with difficulty in entry due to heavy investments.

7 0
3 years ago
No matter what you do professionally, you should create and follow a ____. A. Resume
seraphim [82]
The answer is B. career plan
5 0
2 years ago
The consumer price index was 200 in 2008 and 190 in 2009. The nominal interest rate during this period was 4.5 percent. What was
leva [86]

Answer:

the real interest rate is 9.5%

Explanation:

The computation of the real interest rate is shown below:

But before that inflation rate need to be determined

Inflation rate is

= [CPI this year - CPIlast year] ÷ CPI last year

= {(190 - 200) ÷ 200} ×  100

= -0.05 × 100

i = -5%

Now the real interest rate is

real interest rate = nominal interest rate - inflation rate

= 4.5% - (- 5%)

= 9.5%

Hence, the real interest rate is 9.5%

3 0
2 years ago
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