Answer:
A gallon of gasoline cost 1.36 carton of milk
Explanation:
We should divide the given product over the base product
In this case, gasoline is the product we want to express based on carton of milk:
2.39 gallon of gasoline / 1.76 carton of milk = 1,35795454
A gallon of gasoline cost 1.36 carton of milk
A person must frequently discover the complexity of his or her financial situation.
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.
Answer:
The answer is $115.38
Explanation:
Solution
Given that
The annual dividend on preferred stock = $7.50
Required return on preferred stock+= 6.5%
The next step is to find at what price should the preferred stock sell which is given as follows:
The rice of preferred stock = 7.50/6.5%
= $115.38
$115.38 is the price at which the stock preferred was sold.
