Answer:
The question is missing the amount of output units that each additional unit of labor generates, but we can calculate how many units each additional unit of labor should produce in order to maximize profit.
In order for a firm to maximize its profit, the marginal revenue product (MRP) = marginal cost (MC).
MRP = output units per additional unit of labor x price per unit = U x $9
MC = $700
U x $9 = $700
U = $700 / $9 = 77.78, so we round up to 78 units
In order to maximize profit, each additional unit of labor must generate 78 additional units of output.
Job enlargement involves giving a employee a large element of a complete task via horizontal loading. The additional work is on the equal talent level and duty of the authentic job.
Job enrichment involves an increase in the degree of duty for planning and coordination via vertical loading.
<h3>What is the distinction between job expansion and enrichment?</h3>
The distinction between job enrichment and job expansion is first-class and quantity. Job enrichment capability improvement, or an expand with the help of upgrading and development, whereas job expansion potential to add extra duties, and an improved workload.
<h3>What is horizontal growth of job?</h3>
Job enlargement entails combining more than a few activities at the equal level in the enterprise and adding them to the existing job. It is additionally referred to as the horizontal growth of job activities.
Learn more about job enlargement here:
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brainly.com/question/14840026</h3><h3 /><h3>#SPJ4</h3>
Sales: $914,000
Variable Costs: $498,130
Operating Income: $196,000
Contribution Margin Ratio = ?
Formula:
Contribution Margin Ratio = (Sales – Variable Costs) / Sales
Solution:
Contribution Margin Ratio = ( $914,000 - $498,130) /
$914,000
Contribution Margin Ratio = 45.5% (Answer)
Answer:
it is an easiest type of business to set up because it requires small capital to start but has many disadvantages such as bearing all the risks alone.etc
