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vazorg [7]
3 years ago
15

You are the manager of a firm producing green chalk. The marginal product of labor is:

Business
1 answer:
ella [17]3 years ago
5 0

Answer:

24L^- 1/2

Explanation:

Given that

Marginal product of labor is

MPL = 24L^- 1/2

Power sign is not given in the question so we considered it

The price of green chalk= $1 per unit

The wage rate = $12 per hour

By considering the above information, the revenue product of labor would be

= 24L^- 1/2

= Price of green chalk × 24L^- 1/2

= $1 × 24L^- 1/2

= 24L^- 1/2

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Explanation:

A fiscal year to the government is just like a financial year for a company/corporation.

A government can have a fiscal year from the middle of a year (July) to the next year (June) which in total is 12 months.

Sometimes a fiscal year coincide with the calendar year but that does not acknowledge the fact that is must be a calendar year.

This fiscal period are a planned period to take up projects or meet budgets.

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Answer:

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I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Answer:

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And the $50 for food for the day he spent on business

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