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Softa [21]
3 years ago
14

Units of Labor Quantity of Output Marginal Revenue

Business
1 answer:
lora16 [44]3 years ago
3 0

Answer:

$7,650

Explanation:

Calculation for the marginal revenue product of the fifth unit of labor

Using this formula

Fifth unit of Labor marginal revenue product=Fifth Quantity of Output*Marginal Revenue

Let plug in the formula

Fifth unit of Labor marginal revenue product=1,530 *$5

Fifth unit of Labor marginal revenue product=$7,650

Therefore the marginal revenue product of the fifth unit of labor is $7,650

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Prepare an amortization schedule for a three-year loan of $84,000. The interest rate is 9 percent per year, and the loan calls f
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Answer:

Amortization Schedule

Year   Payment       Principal          Interest           Balance

1        35,560.00     28,000.00      7,560.00         56,000.00

2       33,040.00     28,000.00      5,040.00         28,000.00

3       30,520.00     28,000.00      2,520.00         0.00

Explanation:

Loan of $84,000.00 at 9% interest  with 3 annual payments  at Constant Principal Payments of  $28000 .

Total Payments: $99,120.00 Total Interest: $15,120.00

The Interest payment and principal amount is gradually decreased with principal value of the loan. The principal value at the end of the year 3 is zero.

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3 years ago
How can i make money quickly
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Get a job, get money & bam you got money
8 0
3 years ago
Use the following information to answer the question: Cost of car: $26,000 Residual value: $6,000 Life: 5 years Using the given
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(26000-6000)/5=4000
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7 0
3 years ago
Having term limits on Boards of Directors for companies forces firms to rotate leadership to get new ideas. It also creates this
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The available options are the following:

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-People with knowledge of the firm's history are replaced with those who may not know as much information

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Answer:

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Explanation:

Considering the available options, the option that appears negative and related to the point being discussed is

"People with knowledge of the firm's history are replaced with those who may not know as much information."

It is straightforward, as changing the board of directors will at some point lead to a time where the new member in the board of directors will just be a competent worker but has no history with the company.

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A market researcher divides the Dallas metropolitan area into blocks having roughly equal populations. He then selects a random
stira [4]

Answer: . two-stage area

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7 0
3 years ago
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