F a worker is free to quit a job and find a new job at another place of employment, what us economic goal has been met?

Safety is the responsibility of: My supervisor Everyone My co-workers Myself

ohaa [14]

Safety is the responsiblitiy of EVERYONE.

8 0

3 years ago

Read 2 more answers

An income statement for Sam's Bookstore for the first quarter of the year is presented below:

Paladinen [302]

Answer:

The contribution margin for Sam's Bookstore for the first quarter is $163,000.

Explanation:

The contribution margin is the sales minus total variable cost. This can be calculated as follows:

Units of books sold = Sales / Selling price per book = $900,000 / $60 = 15,000

Variable selling expenses = Units of books sold * Variable selling expenses per book = 15,000 * $5 = $75,000

Variable administrative expenses = Sales * 3% = $900,000 * 3% = $27,000

Total variable cost = Cost of goods sold + Variable selling expenses + Variable administrative expenses = $635,000 + $75,000 + $27,000 = $737,000

Contribution margin = Sales - Total variable cost = $900,000 - $737,000 = $163,000

Therefore, the contribution margin for Sam's Bookstore for the first quarter is $163,000.

5 0

3 years ago

You are considering investing in a GM bond with 7 years to maturity. The face value of the bond is $1,000. The coupon rate is 6%

Lapatulllka [165]

Answer:

Price of bond is = $ 1057

Explanation:

As we know that;

Price of bond = C * [1-(1+r)∧-n] / r + F / (1+r)∧n

where C = periodic coupon payment = 1000 * 6%= 60

F = Face value of bond = 1000

r = yield to maturity = 5% = 0.05

n = number of periods till maturity = 7 years

Putting values;

= 60 * [ 1- (1+ 0.05)∧-7 ]/ 0.05 + 1000 / (1+0.05)∧7

= 60 * (0.2893 / 0.05) + 710

= 60 * 5.786 + 710

= 347.16 +710

= 1057

6 0

3 years ago

Assume that Luxland and Leanderland specialize and trade in a way that is advantageous for bothof them. Explain what will happen

katen-ka-za [31]

Question Completion:

Production outputs

Luxland Leanderland

Chips 10 4

Pretzels 10 8

Total output 20 12

Answer:

Assuming that Luxland and Leanderland specialize and trade in a way that is advantageous for both of them, the number of pretzels that Leanderland can produce will be 16.

Explanation:

a) Data and Calculations:

Specialization Output:

Luxland Leanderland

Chips 20 0

Pretzels 0 16

Total output 20 16

b) While it is acknowledged that Luxland has absolute advantage in the production of both chips and pretzels when compared to Leanderland, the total output for both economies, without specialization, remains 32 units (of both chips and pretzels). When they specialize, Leanderland's output increases to 16 units from 12. This results in total output of 36 units instead of 32 for both economies.

8 0

3 years ago

Diminishing marginal product suggests that the marginal A. cost of an extra worker is unchanged. B. cost of an extra worker is l

MArishka [77]

Answer:

The correct answer is letter "D": product of an extra worker is less than the previous worker's marginal product.

Explanation:

The Law of Diminishing Marginal Productivity indicates that increasing one variable while holding others the same can initially increase output but eventually adding more of that variable results in lower return rates. This law helps explain that it is not always the best way to increase income by increasing production.

Initially, companies recruiting additional workers would boost production until too few machines or not enough space is sufficient to accommodate everyone. Then, the production rate will decrease.

7 0

3 years ago