A nurse because while the economy is doing bad the nurse will always have patient
Answer:
c. marginal rate of substitution is equal to the relative price ratio of the goods.
Explanation:
we know that the costomer MRS = Px/Py , where x and y are the two goods.
MRS(x,y) = MUx/MUy = Px/Py
Therefore, The marginal rate of substitution is equal to the relative price ratio of the goods.
read the resume
employers might do a reference check
see if the skills match the job requirements
some even do a credit check
some check grades/ test scores
needs to develop a set of skill requirements needed for a job
Answer: Return on a risky security minus the risk-free rate.
Explanation:
The excess return is known to be the amount of return on a risky asset that exceeds the return that one would have received had they invested in a risk-less asset such as Treasury Bills.
If the return you received on shares was 5% and the return on riskfree assets is 2%, your excess return is 3%.
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Answer:
The standard cost for one hat is $ 11.65
Explanation:
The standard cost of a hat is determined after consider all the manufacturing costs components in it. Based on the data available, it is calculated as under:
Standard Material 3/4 yards @ $ 4 per yard $ 3.00
Standard Labor 1 hour at $ 5.75 per hour $ 5.75
Factory overhead $ 2.90 per direct labor hour <u>$ 2.90</u>
Standard cost for one hat <u>$ 11.65</u>
The factory overhead has been considered at one hour, which is the direct labor hour in the standard calculation.