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Inessa [10]
2 years ago
5

The term efficiency units of labor is the​ ____________. A. slope of the production function at the​ steady-state equilibrium po

int. B. product of the number of workers and the level of human capital. C. number of workers that can be used in a production process before diminishing marginal product of labor sets in. D. number of workers that can efficiently work in a production​ process, given current levels of technology and physical capital.
Business
1 answer:
Thepotemich [5.8K]2 years ago
5 0

Answer:

The correct answer is b) Product of the number of workers and the level of human capital

Explanation:

The efficiency unit of labor is determinate as a product of the total number of workers in the economy, where the human capital is the best indicator of productivity

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Aspen's Distributors has a levered cost of equity of 13.84 percent and an unlevered cost of capital of 12.5 percent. The company
Reptile [31]

Answer:

8.60%

Explanation:

We use the MM proposition II with taxes

r_e = r_a + \frac{D}{E} (r_a-r_d)(1-t)

ra 0.125

D 5000

E 9600 (14,600 assets = 5,000 liab + equity)

rd ??

taxes 0.34

re 0.1384

We set p the formula and solve:

0.1384 = 0.125 + \frac{5,000}{9,600} (.125-r_d)(1-.34)

0.1384 = 0.125 + \frac{5,000}{9,600} (.125-r_d)(1-.34)

0.1384 - 0.125 = 0.34375 (.125-r_d)

0.0134 = 0.34375\times 0.125 - 0.34375\times r_d

r_d = (0.34375\times 0.125 - 0.0134)\div 0.34375

rd = 0.860181818 = 8.60%

6 0
3 years ago
Which is an example of someone who is cyclically unemployed?
Korolek [52]

Answer:

<em>A. autoworker who is temporarily laid off from an automobile company because of a decline in sales. </em>

Explanation:

Cyclical unemployment is <em>unemployment that occurs when full employment can not be met by the aggregate demand for goods and services in an economy.</em>

This takes place during times of decreased economic growth or times of economic slowdown.

Cyclical unemployment is directly linked to the degree of macroeconomic behavior, which is the combined or collective activity of all economically involved individuals and entities.

Instead of linear, this overall trend is cyclical-economic activity tends to increase and fall rather than always rising or falling.

7 0
3 years ago
Milton Friedman helped to establish the economic theory of monetarism. Which statement best describes the idea of monetarism
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

#SPJ4

7 0
2 years ago
Given that Gabbie is looking for a budget-priced flight home for the holidays, she will need to find out what various options ex
PSYCHO15rus [73]

Answer:

Gabbie is in the Information Search phase of the consumer decision process. This is the second phase.

Explanation:

The Consumer Decision Process is a situation in which a consumer passes through the phases listed below in order to make a final purchase decision.

1. The first phase where the consumer recognizes a need they have to fulfil.

2. The second phase in which Information search is carried out in order to determine how best to meet this need.

3. The third phase which Alternative Evaluation phase. Here, the consumer evaluates each medium that can fulfil their needs.

4. The fourth phase, which is the decision making phase. Here, the consumer makes their purchase decision based on the evaluation of alternatives in the previous phase.

4 0
3 years ago
Marc agrees to sell Diana 500 copies of a book for $3.50 per book. Marc breaches the contract by not delivering the books. At th
Lesechka [4]

Answer:

$500

Explanation:

Damages refer to the financial loss suffered by a party to a breached contract. It occurs as a result of one party refusing to perform their obligation in the contract, causing injury and losses to the other.

Damages are the extra expense incurred by the offended party due to the breach of contract. The calculation of damages involves getting the difference between the market price and the contract price. For Diana, the damages will be the market price of $4.50, and the contact price $3.50. Because the books were 500, her damage would be 500 X 1 = $500.

6 0
3 years ago
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