Answer:
Answer : Average Marginal Cost, Marginal Cost = $2
The total cost per hour of the janitorial service firm = $32
Explanation:
The janitorial firm only uses labour as an input to clean offices and there are no fixed costs. This implies that the total cost is only the variable cost.
Each worker can clean 4 offices in an hour, therefore the output of each labour is 4units per office cleaned. The price/wages paid to each worker isb $8 per hour.
The total cost per hour of the janitorial service firm is $8x4 = $32 (wxq)
Now to clean one more office, the time required will be 15minuites, because each worker can clean 4 offices in an hour. To clean one more office , each worker will be paid $2($8/4)
The variable cost/total cost, average variable cost and the marginal cost of cleaning one more office will be
Variable cost =w.q = 2q
Average Variable Cost = VC/q = 2q/q = $2
sine the marginal cost also varies directly as the average marginal cost , the Marginal Cost is $2
Answer:
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Explanation:
English Translation
A school has a total of 475 students. We want to extract a sample of 80. Explain in detail how this sample is obtained by random sampling.
Solution
In random sampling, each member of the population has an equal chance of being surveyed or an equal chance of being a member of the sample.
For this Question, it will mean that each of the 475 students would have an equal chance of being part of the sample of 80 students. To use random sampling for this particular scenario, we would give all the students numbers from 1 to 475, we would then use a computer program to generate 80 random student numbers.
We could also put all the number in a bowl and randomly select 80 numbers from 475, that way, the sampling method would be as random as can be.
In Spanish/En español
En el muestreo aleatorio, cada miembro de la población tiene la misma probabilidad de ser encuestado o la misma probabilidad de ser miembro de la muestra.
Para esta pregunta, significará que cada uno de los 475 estudiantes tendría las mismas posibilidades de ser parte de la muestra de 80 estudiantes. Para usar el muestreo aleatorio para este escenario particular, le daríamos a todos los estudiantes números del 1 al 475, luego usaríamos un programa de computadora para generar 80 números de estudiantes al azar.
También podríamos poner todos los números en un tazón y seleccionar aleatoriamente 80 números de 475, de esa manera, el método de muestreo sería lo más aleatorio posible.
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Lamar should invest in a long-term, fixed rate certificate deposit, if she believes that interest rates are going to fall in the near future and remain low for a considerable period of time.
A long-term CD is generally a CD term between two and five years. Traditionally, long-term CDs have typically offered higher rates than shorter CD terms in exchange for tying up your money for a longer term.
Some institutions provide CD terms of up to 10 years or more, although this isn't as common.
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Answer:
Local government has the most influence on real estate markets. It affects the supply and cost of real estate through zoning and land use regulations, fees on new land development, and restrictive building codes.