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REY [17]
3 years ago
15

Suppose that the expected value of weekly profits for an ice cream​ shop, before paying the​ manager, Amy, is ​E(pi​)equals500pl

us12​e, where e is​ Amy's weekly overtime hours. Amy is​ risk-neutral but incurs a cost ​C(e)equalse squared for working overtime.​ Thus, total expected surplus is ​E(S)equals​E(pi​)minus​C(e). What level of effort maximizes total​ surplus? The value of overtime that maximizes total surplus is eequals nothing hours. ​(Enter your response rounded to one decimal​ place.)
Business
1 answer:
anygoal [31]3 years ago
5 0

Answer:

6 hours

Explanation:

E(s)= 500+12e-e²

dE/de= 12-2e

0 = 12-2e

e=6

A total of 6 hours will maximize surplus

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Processing a new employee's employment-related paperwork, acquiring necessary keys and identification cards, and establishing an
jeka94

The answer to this question is a part of Employee onboarding and orientation. An Employee onboarding is the process where a new employee will be welcomed in the company and will inform the new employee of the culture of the company, rules and regulations, and the new hired employee will also receives his or her identification cards, and other related paper works with regards the persons tasks. Also in the employee onboarding, the benefits of the employee are also being discussed to ensure that the new hired employee will know what are his benefits and perks.  Employee Onboarding may take at least 3 days depending on the program schedule that the human resource officer had made. 

6 0
3 years ago
Select all that apply.
tino4ka555 [31]

Answer:

adding up consumption, investment, government expenses, and net exports

adding up the market prices of final goods and services produced in the U.S

adding up the incomes of producers and taxes paid to the government

Explanation:

GDP is a measure of the sum value of a country's output in a given period. The GDP value reflects economic growth or decline in a country for the period under review.

GDP is calculated using three methods. They include the income, production, and expenditure approach.

In the Income approach, economists add up all the earnings from the factors of production. Wages and salaries of all employees; the profits from businesses and corporates' ; rents, and interests form landlords are summed up to get GDP. Adjustments are made to cater for the taxes paid to the relevant government agencies. ( 4th option)

The production approach involves getting the value of all the finished consumer goods and services in the economy. The approach excludes intermediary goods and work-n progress. GDP is obtained by adding the total of the finished products and services and multiplying them by their prices. (3rd option)

The consumption option applies a formula that GDP = C+G+I+ NX, where C is private consumption expenditure,  G is government consumption and investment expenditure, and I in private investment expenditure. NX is the net imports. ( 1 st option )

4 0
2 years ago
White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is ​$148 p
Stolb23 [73]

Answer:

A) a 23.5% decrease in materials

B) a 64% decrease in labor costs

C) a 29.1% decrease in overhead

Explanation:

White Tiger's multifactor productivity = $300 / $148 = 2.027

if we want to increase the multifactor productivity by 12%, it will = 2.27

since we will not change the sales price, we must determine the new total cost:

$300 / cost = 2.27

cost = $300 / 2.27 = $132.16 ≈ $132, which represents a $16 decrease

A) materials ⇒ $16/$68 = 23.5%

B) labor costs ⇒ $16/$25 = 64%

C) overhead ⇒ $16/$55 = 29.1%

4 0
3 years ago
National Chemical Company manufactures a chemical compound that is sold for $55 per gallon. A new variant of the chemical has be
shepuryov [24]

Answer:

National Chemical Company

New Variant of a Chemical Compound:

The effect on total profit if National produces the new compound variant is that total profit increases by $33,200

Explanation:

a) Data:

Selling price of old chemical = $55

Selling price of fined chemical = $78

Initial demand for the new compound = 8,300 gallons

Refining costs for the new compound = $157,700

b) Calculations:

Profit from new fined chemical = $23 ($78 - 55)

Differential Sales revenue =  $190,900 ($23 x 8,300)

Differential processing costs $157,700

Effect on total profit =              $33,200

c) Refining a chemical always add some value to the chemical.  The additional value added is the differential sales revenue that National generates minus the additional processing costs involved to get the chemical refined.

8 0
2 years ago
A company purchased a tract of land for its natural resources at a cost of $1,981,300. it expects to mine 2,170,000 tons of ore
muminat

Answer: $0.79

Given:

C=Cost of the land: $1,981,300

S=Salvage value of the land: $267,000

N=Total number of ores mined= 2,170,000 tons

To get the depletion expense per ton of ore:

(C-S)/N

=($1,981,300-$267,000)/2,170,000

=1,714,300/2,170,000

=$0.79


6 0
3 years ago
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