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Shtirlitz [24]
3 years ago
13

A​ profit-maximizing monopolist hires workers in a perfectly competitive labor market. Employing the last worker increased the​

firm's total weekly output from 110 units to 111 units and caused the​ firm's weekly revenues to rise from ​$25 comma 25025,250 to ​$25 comma 75025,750. What is the current prevailing weekly wage rate in the labor​ market
Business
1 answer:
Galina-37 [17]3 years ago
7 0

Answer:

$500

Explanation:

The computation of the current prevailing weekly wage rate in the labor​ market is shown below:

= Firm weekly revenues for firm's total weekly output of 111 units - Firm weekly revenues for firm's total weekly output of 110 units

= $25,750 - $25,250

= $500

Simply we deduct the revenue of 111 units by the revenue of 110 units, so that the actual wage rate can come

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Write a short essay listing three jobs you believe would be right and good for you.
soldier1979 [14.2K]

Answer:

I  believe following three jobs would be best for you

1: University Lecturer

2: Market Researcher

3: Marketing Consultant

Explanation:

1: University Lecturer

I am very good student and have strong grip over different academic concepts, I always have stood first in my class. I always got Distinction in my college. Moreover, I am very good at giving presentation, theretofore, I definitely believe that I can perform very well in teaching at the university level.

2: Market Researcher

I am very good at conducting research. I have conducted couple of market researches like measuring brand loyalty of Pepsi, Coke and Aquafina etc. Therefore, this job would be right and good for me.

3: Marketing Consultant

I can work as an independent Marketing Consultant and provide different Marketing expertise  to clients, including SEO (search engine optimization - related to google), content Marketing and mobile marketing. I am very much proficient in this field as well, so this also can be right and good job for me.

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3 years ago
Which one of the following stock index futures has a multiplier of $10 times the index value?
stiv31 [10]

Answer: b. Dow Jones Industrial Average

Explanation: The Dow Jones Industrial Average index futures has a multiplier of $10 times the index value which is used to calculate contract settlements and helps determine the dollar value of each point of price movement. For example, Dow multiplier is 10, meaning each Dow point is worth $10 per contract.

7 0
4 years ago
Assume a large corporation is experiencing the​ principal-agent problem. What could the corporation do to minimize this​ problem
EastWind [94]

Answer:

1) Structure rewards/pay to be based on performance

2)Make them stakeholders/shareholders of the principal

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The major principal/agent problem is the agent not acting in the best interest of the principal. Taking the steps above could minimize the problem

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4 years ago
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Ann [662]

Monetary policy is the best way to influence economic growth.

Appeared as a leader of the Chicago school of financial economics, Friedman burdened the importance of the quantity of cash as a device of government coverage and a determinant of enterprise cycles and inflation. His monetarism principle proposed that cash delivery modifications have immediate and long-term effects.

Milton Friedman became a U.S. economist and Nobel laureate known as the most influential propose of loose-marketplace capitalism and monetarism in the 20th century.

The monetarist principle is an monetary concept that contends that changes in cash deliver are the maximum good sized determinants of the charge of monetary increase and the behavior of the commercial enterprise cycle.

Learn more about economic growth here brainly.com/question/1690575

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