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Phantasy [73]
3 years ago
11

A firm will find it profitable to hire workers up to the point at which their rev: 06_21_2018 Multiple Choice marginal resource

cost equals their wage rate. wage rate equals product price. MP is equal to their MRP. marginal resource cost is equal to their MRP.
Business
1 answer:
Nataliya [291]3 years ago
4 0

Answer:

marginal resource cost is equal to their MRP

Explanation:

A business's profit will maximize when its marginal resource cost equals its marginal revenue product.

Marginal revenue product calculated by multiplying the marginal physical product (MPP) times the marginal revenue (MR), e.g. an additional worker can produce 10 units and each unit costs $10, MRP = 10 x $10 = $100

Marginal resource cost is the cost of using an additional unit of input, e.g. cost of hiring an additional worker.

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"Google employs the practice of team building and rewards ideas that are outside the box. They are likely to have ________ compa
Vladimir79 [104]

Answer:

lower employee turnover                        

Explanation:

Employee turnover represents the number or proportion of employees leaving a company and being replaced by new ones. Evaluating employee turnover can be useful for executives who want to look into the considerations for turnover or measure the cost-to-recruit for budget considerations.

As in the given case, google is making their employees fell more valuable and involved, its employees will feel more satisfied with the jobs and will not easily leave the company. Thus, the employee turnover in google will be lower.

6 0
3 years ago
An accreditation agency counterpart to the joint commission for managed care organizations is
katen-ka-za [31]
<span>An accreditation agency counterpart to the joint commission for managed care organizations is called: NCQA

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8 0
3 years ago
A company borrows 100,000 today at 12% nominal annual interest. the monthly payment of a 5 year loan is most nearly:
alex41 [277]
Formula for the monthly payment:
M = P * r * ( 1 + r )^n / (( 1 + r )^n + 1 )
where:  P = $100,000    r = 0.12 : 12 = 0.01      n =12 * 5 = 60
M = 100,000 * 0.01 * ( 1 + 0.01 )^60 / (( 1 + 0.01 )^60 + 1 ) =
= 1,000 * ( 1.01 )^60 / (( 1.01 )^60 + 1 ) =
= 1,000 * 1.8167 / 0.8167 = 1,000 * 2.22444  =
= $2,224.44
The monthly payment is $2,224.44.
5 0
3 years ago
Recently, ink has been developed that will conduct electricity. The application for this ink is to print circuitry that can be r
nalin [4]

Answer:

This is an example of how technological forces are applied to industry.

Explanation:

This here is a clear example of how an industry can enjoy benefits of technological up gradation and also goes on to show how we can apply such technological up gradations to a particular industry.

The example given in the question of such an ink which can print circuitry, is a huge game changer in the industry as the cost of radio frequency tag would be driven down , giving the chance to the firms in the industry to book more profit than before.

6 0
3 years ago
Which term describes a distribution of the company’s assets back to the owners of the business?.
Sveta_85 [38]

Answer:

dividend is the correct answer.

Explanation:

5 0
2 years ago
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