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Alexxx [7]
3 years ago
13

Even when competitive firms are unable to calculate marginal revenue product directly, _________________________________________

will push wage rates toward the marginal revenue product of labor. planned future investment in physical capital the pressures of competition in the labor market the marginal workers ongoing skills training wages that exceed workers' net revenue product
Business
2 answers:
slega [8]3 years ago
7 0

Answer:

the pressure of competition in the labor market

Explanation:

If companies are not able to calculate marginal revenue product the labor market will push the wages rates toward the marginal revenue product od labor just because of the supply and demand rule of the labor market, workers will tend to go the employer that offers them the most money and employers will only offer as much as they can possibly offer with a profit margin.

GenaCL600 [577]3 years ago
5 0
Even when competitive firms are unable to calculate marginal revenue product directly, the pressures of competition in the labor market will push wage rates toward the marginal revenue product of labor. 
By comparing the marginal revenue<span> and </span>marginal<span> cost from each unit produced, a </span>firm<span> in a </span>competitive<span> market can </span>determine<span> the </span>profit<span>-maximizing level of production.</span>
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is the set of guidelines issued by the Equal Employment Opportunity Commission (EEOC) and other agencies to identify how an orga
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<h2>Uniform Guidelines on Employee Selection Procedure</h2>

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This procedure is used to make

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These set of procedures are designed so that the nation's goal is achieved. Any employment opportunity should be given irrespective of colour, race, sex, religion, etc.

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6 0
2 years ago
The ________ is determined by the amount by which government spending exceeds government revenue in a fiscal year. budget defici
Amiraneli [1.4K]

The answer to this question is Budget Deficit. Budget Deficit shows that the government spending is exceeding the government revenue in a year. In order to resolve the problem in budget deficit the government should cut the expenditures or the government spending and find a way to increase revenue of the country.

8 0
3 years ago
Your local bakery gives you information on consumer purchasing habits for muffins and cupcakes. It tells you that, when the pric
raketka [301]

Answer:

c. 0.25

Explanation:

Cross-price elasticity = [(Q2-Q1/)((Q1-Q2)/2) * 100] / [(P2-P1/)((P1-P2)/2) * 100]

Cross-price elasticity = [(65-55)/((65+55)/2)*100] / [(2-1)/((1+2)/2)*100]

Cross-price elasticity = 16.6667/66.6667

Cross-price elasticity = 0.25000037

Cross-price elasticity = 0.25

8 0
2 years ago
Pallet Enterprise magazine is a business publication aimed at people who are in the pallet and container industries. It is only
horrorfan [7]

Answer:

Paid circulation

Explanation:

A paid circulation magazine can be simply explained to be a magazine that requires payment to have access to. That is, the magazine is available to persons that have pre-odered the magazine by means of subscription. The subscription could be weekly, monthly, bi-monthly, quarterly or yearly.

For pallet enterprise magazine, it is available through subscriptions and that no persons without subscription can have access to the magazine except through another individual that receives the magazine.

Cheers.

3 0
3 years ago
At the start of its fiscal year, a company anticipated producing 300,000 units throughout the year. The annual budgeted manufact
scoray [572]

Answer:

The correct answer to the following question is $36,000.

Explanation:

Given information  -

Units anticipated to be produced - 300,000 units

Variable cost - $150,000

Fixed cost - $600,000

Beginning inventory - 5000 units

Ending inventory  - 7000 units

Income under absorption costing - $40,000

Now under the absorption costing, rate of fixed overhead cost per unit -

Fixed cost / Number of units produced

= $600,000 / 300,000

= $2

In April ( under absorption costing ), the amount of fixed manufacturing overhead cost that was still embedded in ending inventory but were not expense -  

Fixed overhead rate per unit x number of units produced but not sold

= $2 x 2000 ( 7000 units - 5000 units )

= $4000

So when we calculate the operating cost under variable costing this fixed overhead cost wold be subtracted from total income -

$40,000 - $4000

= $36,000 .

6 0
3 years ago
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