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il63 [147K]
3 years ago
9

An avocado orchard employs five full-time workers.​ Currently, the average product of labor is 120 pounds of avocados per day. T

he orchard hires a 6th full-time worker and his marginal product is 150 pounds of avocados. The average product of the six workers will now be _______.
Business
1 answer:
Elenna [48]3 years ago
7 0

Answer:

125 pounds

Explanation:

Firstly, we need to know the total product of labor of the five full time workers.

This is equal to 120 * 5 = 600 pounds

The last worker is 150 pounds

The total now is 600 + 150 = 750 pounds

The average product of the six workers will now be 750/6 = 125 pounds

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Chiko bought 75 shares of stock at $19.58 per share. She recelved total dividends of $73.42 during the year. At the end of the y
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Answer:

Return on investment = 18.07% (Approx.)

Explanation:

Given:

NUmber of share = 75 shares at $19.58 per share

Amount of dividend received = $73.42

Stock value at end = $22.14 per share

Find:

Return on investment

Computation:

Purchase price = 75 x 19.58

Purchase price = $1,468.5

Final value  + Dividend = 75(22.14) + 73.42

Final value  + Dividend = $1,733.92

Profit = $1,733.92 - $1,468.5

Profit = $265.42

Return on investment = [Profit / Initial value]100

Return on investment = [265.42 / 1,468.5]100

Return on investment = 18.07% (Approx.)

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3 years ago
When Finance Director Debenditti states that she tries to draw group members out and force participation, this might cause some
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Can you please anwser mine I’m doing a test
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2 years ago
In Marketing in the News, we heard that Michelin tire company is running a new sales promotion. What did we hear the company is
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Answer:

A) Offering 1/2 price discounts through Costco.

Explanation:

Probably the most commonly used and most effective sales promotion is to offer a discount to your products or services. Everyone loves the idea of paying less for a product they need or want. But there is a catch with this type of activity, you shouldn't do it very often. If discounts are offered on a regular basis, then customers will tend to purchase the product only when a discount is available.

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What are the job training/education requirements for being a judge?
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Long-term debt outstanding: $300,000 Current yield to maturity (rdebt): 8% Number of shares of common stock: 10,000 Price per sh
nadya68 [22]

Answer:

Cost of capital=11.18%

Explanation:

First We will calculate the Equity of firm:

Equity= Number of share* Book value per share

Equity= 10,000* $25

Equity= $250,000

Long-term debt=$300,000

Expected rate of return=15%=0.15

Current yield to maturity (rdebt)=8%=0.08.

Value of firm=Equity+Long-term debt

Value of firm= $250,000+$300,000

Value of firm= $550,000

Formula:

Cost\ of \ Capital=\frac{Equity}{Value\ of\ firm}* Rate\ of\ return+\frac{Debit}{Value\ of\ firm}* yield\ to\ maturity

Cost\ of\ Capital=\frac{\$250,000}{\$550,000}*0.15+\frac{\$300,000}{\$550,000}*0.08\\  Cost\ of\ Capital=0.1118

Cost of capital=11.18%

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3 years ago
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