Answer:
The Age discrimination Act of 1967 protects the rights of individuals forty years old and above.
Explanation:
The age discrimination Act includes a broad ban against age discrimination against workers over the age of forty and also specially prohibits; discrimination in hiring, promotion, wages and termination of employment and lay offs
Answer:
The company's return on investment (ROI) is <u>29.45%</u>.
Explanation:
Return on investment (ROI) is a profitability ratio that gives investors the opportunity to know the level of efficiency of each amount of dollar invested in a project at producing a profit.
Return on investment (ROI) can be computed using the following formula:
ROI = Net operating income / Average operating assets ............ (1)
Since;
Net operating income = $39,760
Average operating assets = $135,000
We therefore substitute the values into equation (1) and have:
ROI = $39,760 / $135,000 = 0.2945, or 29.45%
Therefore, the company's return on investment (ROI) is <u>29.45%</u>.
Answer:
When a price ceiling is imposed (or any price ceiling at all), the only way that it doesn't affect the economy is that the price set was actually equal to or higher than the equilibrium price of the market.
I suppose that since an oil embargo was put in place, the quantity supplied of gasoline would decrease severely affecting the equilibrium price and increasing it. Once the equilibrium price is higher than the price ceiling, then its negative effects will be noticed (e.g. deadweight loss).
Answer:
Actual unitary variable cost= $59.2
Explanation:
Giving the following information:
Your company is reviewing a project with estimated labor costs of $20.20 per unit and estimated raw material costs of $36.18 a unit.
F<u>irst, we need to calculate the estimated total unitary variable cost:</u>
Unitary variable cost= 20.2 + 36.18= $56.38
<u>Now, the actual variable cost:</u>
Actual unitary variable cost= 56.38*1.05
Actual unitary variable cost= $59.2
Answer:
240
Explanation:
The computation of the optimal fee per unit of output is as follows:
As we know that
Marginal cost = Price
MC = P
1Q = 2,400 - Q
1Q + Q = 2,400
2Q = 2,400
Q = 2,400 ÷ 2
= 1,200
MC = 0.8Q
= 0.8 (1,200)
= 960
Now the optimal fee per unit of output is
= 1,200 - 960
= 240
