Answer:
First, stop, and secondly try being more careful.
Explanation:
Answer:
A.Marginal Revenue $3
B. No
Explanation:
A.Calculation for the Marginal Revenue (MR) that the firm earn from sale of the output produced by the last worker employed
Based on the information given we were told that the Marginal Physical product of the last unit of labor was 5 units per hour in which the firm pays each worker an hourly wage of $15. Now let calculate the Marginal Revenue using this formula
Marginal Revenue = Employees hourly wages/Marginal Physical product unit of labor
Where,
Employees hourly wages=$15
Marginal Physical product unit of labor =5 units per hour
Let plug in the formula
Marginal Revenue =$15/5
Marginal Revenue =$3
B. No reason been that the current profit-maximizing hourly output was 100 units in which we were told that the firm sells at a price of $5 per unit. While the Marginal Revenue gotten in (A) above was $3 which is lesser or lower than $5 per unit which simply means that the firm does NOT sell its output in a well perfectly competitive market .
The <u>deciders </u>have the formal or informal power to select or approve the suppliers that receive the contract in a buying center.
<h3>What are buying centers?</h3>
A buying center is a jointed decision-making group that gathers individuals of an enterprise who engage or involve in the purchasing process for a certain product or a service.
A buying center is the collection of employees or members of any form of organization that are in charge of making big purchases.
Members of the buying center include
- Buyers
- Decider
- User
- Initiator
- Influencer
- Gatekeeper
Here, the <u>decider </u>has the formal or informal power to select or approve the suppliers that receive the contract in a buying center.
Learn more about buying center here:
brainly.com/question/8947097
<span>in
a simple economy of five producers and five consumers, there would be twenty-five transactions possible without an intermediary and ten transactions
possible with one intermediary.</span>
Answer:
1) 24.4%
2) 67.4%
Explanation:
The basis on which overheads are to be applied is considered under 'denominator' value.
1)
Numerator = Estimated factory $122,000
Denominator = Direct Labor $500,000
Overhead Rate = 122,000 / 500,000 = 0.244 ==> 24.4%
2)
Numerator = Estimated factory overhead $122,000
Denominator = Direct Material $181,000
Overhead Rate = 122,000 / 181,000 = 0.674 ==> 67.4%
