Answer:
No, these two rules are not inconsistent.
Explanation:
A profit-maximizing firm will hire the number of workers such that the wage is equal to the value of the marginal product of labor.
But, a profit-maximizing firm will also produce the quantity of output at the level where price equals marginal cost.
But this does not mean that these two rules contradict or are not consistent. Hiring workers at the level where their wage is equal to the marginal product of labor helps the firm in reaching the point where the price of the product is equal to the marginal cost of production.
Higher than 4.0 if it's weighted
Answer:
35.91%
Explanation:
The formula and the computation of the debt to capital ratio is shown below:
The debt to capital ratio equals to
= (Debt ÷ total invested capital) × 100
where,
Debt = Total capital - stock price × number of shares outstanding
= $110 million - $15 × 4.7 million shares
= $110 - $70.5 million
= $39.5 million
And, the total invested capital is $110 million
So, the debt to equity ratio is
= $39.5 million ÷ $110 million
= 35.91%
Answer: Please refer to Explanation
Explanation:
(a) A rise in the average price of inputs
DECREASE because it is now less profitable for suppliers so they will produce less.
(b) An increase in worker productivity;
INCREASE because total cost is reduced as more goods are being produced per cost.
(c) Government antipollution regulations become stricter.
DECREASE (unless the increase in antipollution device production outweighs the decline in production caused by the increased cost of the regulations)
(d) A new subsidy program is enacted for new business investment in productive equipment.
INCREASE as the subsidy program will lower the cost of inputs so Suppliers will produce more goods.
(e) Energy prices decline.
INCREASE as there again would be Lower Input Costs thus pushing Suppliers to produce more.
Answer:
Letter B is correct. <u>Memo.</u>
Explanation:
A memo can be defined as an official document that is used in the transmission of quick information, widely used in public and private institutions. The purpose of the memo is to assist in internal or external communication in the form of short texts, which present some essential characteristics, such as cohesion and clarity, so that there is greater understanding and reduction of bureaucracy in matters.