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fiasKO [112]
3 years ago
13

Your enterprising uncle opens a sandwich shop that employs 7 people. The employees are paid $12 per hour, and a sandwich sells f

or $6. If your uncle is maximizing his profit, what is the value of the marginal product of the last worker he hired? What is that worker’s marginal product?
Business
1 answer:
laiz [17]3 years ago
8 0

Answer:

Value of Marginal Product= 2

Worker Marginal Product = 12

Explanation:

Calculation for what is the value of the marginal product of the last worker he hired

Using this formula

Wages= MP*P

Let plug in the formula

12 = MP*6

Marginal Product = 12/6

Marginal Product= 2

Therefore the value of the marginal product of the last worker he hired will be 2

Now let calculate the worker marginal Product

Worker Marginal Product = 2*6

Worker Marginal Product = 12

Therefore the Worker Marginal Product will be 12

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To increase and improve employees' work efforts in organizations, organizations should link ________ to ________ such as bonuses
Yanka [14]

Answer:

its c

Explanation:

8 0
3 years ago
Employers find that many college graduates are not career-ready in ________, skills that employers are looking for.
7nadin3 [17]

Employers find that many college graduates are not career-ready in Critical thinking, written communication, and evaluating information skills that employers are looking for.

<h3>What are skills?</h3>

Skills  can be described as the  expertise or talent  that is been acquired so that  a job or task can be done .

It should be noted that  Job skills allow  one to  do a particular job , hence Employers find that many college graduates are not career-ready in Critical thinking, written communication, and evaluating information skills that employers are looking for.

Find out more on skills at brainly.com/question/25645043

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3 0
2 years ago
Wine and Roses, Inc., offers a bond with a coupon of 8.0 percent with semiannual payments and a yield to maturity of 8.66 percen
horrorfan [7]

Answer:

The market price of a $1,000 face value bond is $944.

Explanation:

Market Value of Bond is calculated by following formula.

Coupon Payment = $1000 x 8% = $80

r = YTM = 8.66% = 0.0866

Face value = $1,000

n = number of periods = 16 yeasr

P = C [ (1 - ( 1 + r )^-n ) / r ] + [ F x ( 1 + r )^-n]

P = $80 [ (1 - ( 1 + 0.0866 )^-16 ) / 0.0866 ] + [ $1,000 x ( 1 + 0.0866 )^-16]

P = $80 [ (1 - ( 1 + 0.0866 )^-16 ) / 0.0866 ] + [ $1,000 x ( 1 + 0.0866 )^-16]

P = $679.19 + $264.78

P = $943.97

5 0
4 years ago
If the government increase its regulations on business, production costs go
boyakko [2]

Answer:

false

it can increase instead of decreasing

4 0
4 years ago
Read 2 more answers
Wen Co. purchased a building for $200,000. Wen paid $20,000 in lawyer and title fees. Wen also paid an additional $15,000 to mod
Alexeev081 [22]

Answer:

$235,000

Explanation:

A company can capitalize the cost of assets, delivery cost, legal & documentation charge and any other directly attributable cost that is incurred to bring the asset in the condition as intended by management.

Therefore, cost of asset, title fee and building modification fee shall be added in the cost of asset as follows:

Cost of Asset                           200,000

Lawyer and title fee                   20,000

Building Accommodation        <u>   15,000</u>

Total                                          <u>235,000</u>

4 0
4 years ago
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