The most common way to buy and sell shares is by using an online broking service or a full service broker. When shares are first put on the market, you can buy them via a prospectus, you can also buy through an employee share scheme, or invest indirectly through a managed fund.
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Answer:
there will be fewer labor hours purchased by employers than at the equilibrium wage. none of the above
Explanation:
Equilibrium in economics means balance. Equilibrium wage rate refers to the market wage rate where the quantity of labor supplied matches the labor demanded. It is the wage rate that employers are willing to pay, and workers are ready to accept each hour of labor. The equilibrium wage represents the intersection of labor demand and supply curves.
If the wage is set above the equilibrium rate, it will force employers to pay more than they are willing. Employers will be paying more to workers than the value they are receiving. The hiring of many workers will be uneconomical. Employers will hire fewer workers to keep their costs down.
<u>Solution and Explanation:</u>
Answer 1 <u>Calculation of activity rate is as follows:
</u>
<u>Stamping</u> = Budgeted costs divided by Machine tour
= $200000 / 10000 = $20 machine hour
<u>Assembly</u> = Budgeted costs divided by Labor hour
= $400000 divided by 20000 = $20 labor hour
<u>Setup</u> = Budgeted costs divided by setup
= 30000 / 15 = 2000 setup
Answer 2 <u>Overhead cost per unit = Total overhead cost divided by total units produced
.</u>

Saws = $452 per unit

Drills = $673 per unit
Answer: 15 days.
Explanation: When one makes an optimistic estimation duration of a project, they don't take into account the unforeseen circumstances that could take place within the duration of the work. This may delay the work that would ultimately increase the number of days.
Similarly, when you make a pessimist estimate, you take into account all the delays and breaks and more into account.
Therefore, when you actually start the work you face these delays and more that ultimately gets you in between the predicted optimistic and pessimistic estimate.