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inessss [21]
4 years ago
10

Which of the following employees has the largest gross pay? a. Employee A: Total employee benefits $1,500 Total job benefits $49

,800 b. Employee B: Total employee benefits $1,050 Total job benefits $51,200 c. Employee C: Total employee benefits $1,000 Total job benefits $51,900 d. Employee D: Total employee benefits $3,000 Total job benefits $52,300 Please select the best answer from the choices provided A B C D
Business
2 answers:
Natasha2012 [34]4 years ago
7 0

Answer:

Its C.

Explanation:

I just took the test

Fiesta28 [93]4 years ago
4 0

Answer:

<h2>Employee D has the largest gross pay among all the four employees.</h2>

Explanation:

Gross pay is normally calculated by taking the sum or aggregation of the basic salary or direct job related benefits and any additional employee benefits obtained by the employee from the company.

Therefore,for employee A,total gross pay=(49,800+1500)=51,300 dollars

For employee B,total gross pay=(51,200+1050)=52,250 dollars

For employee C,total gross pay=(51,900+1000)=52,900 dollars

For employee D,total gross pay=(52,300+3000)=55,300 dollars

Therefore,based on the above calculations of gross pay of all the employees,employee D has the highest or largest gross pay which is $55,300.

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Quinn and Courtney manage a factory in the toy air- plane industry, which is perfectly competitive in both the product market an
Ksivusya [100]

This question is incomplete, the complete question is;

Quinn and Courtney manage a factory in the toy air- plane industry, which is perfectly competitive in both the product market and the factor market. They have compiled the following per-day data on worker productivity

Number of workers           0      1     2     3     4     5     6

Marginal product               --     6     5     4      3     2     1

The price of toy airplanes is $100, the wage per worker is $200, and the rent per machine is $400.

Assume the firm always produces the profit- maximizing quantity of airplanes using the cost- minimizing combination of inputs. If the marginal product of capital is 4, how many workers do Quinn and Courtney hire?

Answer: Quinn and Courtney should hire Five ( 5 ) Workers

Explanation:

Given data;

Number of workers           0      1     2     3     4     5     6

Marginal product               --     6     5     4      3     2     1

price of toy P = $100

Wage of worker W = $200

Rent per machine r = $400

Now we know that a profit maximizing organization hire workers till the region or point where their marginal revenue product of labor equals the wages they pay.

so MRPL = Wage

Marginal product labor MPL × price = wage

we substitute

MPL × $100 = $200

MPL = $200 / $100

MPL = 2

So Marginal product labor is 2

Now if we check the table provided in the question;

we will find that a marginal product of 2 corresponds to 5 number of workers.

Therefore Quinn and Courtney should hire Five ( 5 ) Workers

6 0
3 years ago
8. In the next year, Bill again, earned $55,000 gross income. He purchased a house Jan 1st 2015, for $187,500. He put down 20% d
shusha [124]

Answer:

The monthly payment due will be $18750.

Explanation:

6 0
3 years ago
What kind of business organization are caleb and anna operating under now?
slava [35]

Answer:

Sole proprietorship

Explanation:

Sole proprietorship, general partnership or limited partnership

3 0
3 years ago
(1 pt) The manager of a large apartment complex knows from experience that 90 units will be occupied if the rent is 420 dollars
klasskru [66]

Answer:

Monthly rent of $345 would maximize revenue

Explanation:

Revenue = Price * Quantity

Quantity depends on price. We need to work out the relationship between price and quantity (that is, the demand function)

When the rent is $420, quantity demanded is 90 units:

When P = 420 we have Q = 90

Let x be the change in price. For every 3 dollar increase (decrease) in price demanded quantity will decrease (increase) 1 unit:

P = 420 + x (a) we have Q = 90 - x/3 (b)

To find the relationship between P and Q we seek to eliminate x.

Multiply both sides of (b) with 3 we have: 3Q = 270 - x (b')

From (a) and (b') we have: P + 3Q = 420 + x + 270 - x

=> P = 690 - 3Q

Revenue R = P * Q = (690 - 3Q) * Q = 690Q - 3Q^2

To find maximum set derivative of R to 0:

dR = 690 - 6Q = 0

=> Q = 690/6 = 115

To lease 115 the price should be P = 690 - 3Q = 690 - 3*115 = 345

3 0
3 years ago
Research indicates that __________ communication is more accurate and effective than _______ communication.
gregori [183]
The answer in the blanks are: one way communication; two way communication. It is because, the reason why one way communication is more accurate because the communication or message that is being sent to is only on a one direction, this makes it accurate and more effective to use because there are no discrepancies. The two way is less accurate and less effective than the one way communication because it does not contain a one direction in terms of communication but it involves transmit information with the parties.
7 0
3 years ago
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