Answer:
Pay rate
Explanation:
Pay rate, also referred to as the wage rate, which is defined as the rate of pat per period of work done by the person. It is the very vital factor which is to be considered by the person or an employee.
So, in this case, the person which is offered the job from two companies. The criteria which is vital for the person selecting which company the person should work for, it is the pay rate, which means the company which is offering high pay scale, the person should join or work for that company.
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Answer for your question!
Because one asset increases and another decreases by the same amount, the accounting equation remains unchanged and in balance, suggests Principles of Accounting. For example, if you collect $100 from an account receivable, cash increases by $100 and accounts receivable decreases by $100.
Answer:
Total Productivity:
* For last year: 1.70
* For this year: 1.48
Explanation:
We have the total productivity is equal to Sales/ Total resources spent.
So, the calculation for productivity as followed:
<u>* For last year:</u>
+ Sales = 200,010
+ Total resources spent = Labor + Raw materials + Energy + Capital + other = 30,010 + 35,100 + 5,100 + 45,500 + 2,100 = 117,810
=> Productivity = 200,010 / 117,810 = 1.70
<u>* For this year:</u>
+ Sales = 201,050
+ Total resources spent = Labor + Raw materials + Energy + Capital + other = 40,010 + 41,500 + 6,010 + 45,500 + 3,010 = 136,030
=> Productivity = 201,050/136,030 = 1.48.
The answer is $7 because Marginal revenue is the change in total revenue from 10 customers ($400) to 11 customers ($407) How a monopolist maximizes profits
How does a monopolist determine its profit-maximizing level of output How does it determine the price that it charges?
The monopolist will select the profit-maximizing level of output where
MR = MC
and then charge the price for that quantity of output as determined by the market demand curve. If that price is above average cost, the monopolist earns positive profits.
How a monopolist maximizes profits
Because Chuck, a sole commercial airplane operator in small isolated town, has no competition, he has complete control of market price of air travel in his small tone
Reduced price → increase in ticket sales
Monopoly maximizes profit by choosing an amount of profit in which marginal revenue equals marginal cost (MR= MC) Since Chuck must reduce his price to sell more units, he has an incentive to sell a smaller quantity than a perfective competitive company
Learn more about Marginal revenue :
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<span>You need to service each level of education - primary,secondary,tertiary, and non formal education.You should have a budget.To become a production service worker one may need a bachelor degree along with an internship experience.</span>
