Answer:
The appraisal interview should be held in two segments because the rater must perform the role of both evaluator and counsellor.
Explanation:
Following are the purpose of appraisal interview:
1) Rate and evaluate the past performance.
2) Feedback for development and recommend the training program.
3) Discuss the growth plan of employee.
Therefore, role of one who is taking appraisal is very vital for the growth and development of employee. So, he has to play two role, both evaluator and counsellor.
Answer:
c
Explanation:
you want to produce your product at cheapest price there for you gain most revenue
Answer:
Explanation:
What is given:
The price of a new fabricating machine - 60
The price of a one-year-old machine - 51
The real interest rate is 10% per year
Marginal product of fabricating machines 165-2K (K - desired number machines)
If calculate the depreciation, (60-51)/51 = 15%
a) Find user cost of capital
User cost of capital is the sum of interest rate and depreciation cost multiplied by the price of new machine
= 60*(0.10+0.15) = 15 units
b) Determine the number of machines that will allow Missing Link to maximize its profit
165-2K=15
2K = 150
K = 75 machines
c)
Suppose that Missing Link must pay a tax equal to 40% of its gross revenue. What is the optimal number of machines for the company?
165-2K = 15/(1-0.4)
165-2K=14/0.6
165-2K=25
2K=140
K=70 macines
Answer:
$4
Explanation:
Perfectly competitive firms are characterised by:
1) Free entry and exit of buyers and sellers.
2) Large number of buyers and sellers.
3) Existence of identical product.
4) Informations are readily available to the customers.
Marginal revenue(MR) refers to a change in revenue as a result of an additional change in output.
At 100 units output, MR=$400
At 101 units output, MR=$404
Change in MR=$404-$400
=$4
Change in output=101 units-100units
=1 unit
Marginal revenue(MR)= change in revenue/Change in output
Marginal revenue (MR)=$4/1 Unit
MR= $4
Answer:

At Price = 
Quantity demanded =
At Price = 
Quantity Demanded =
Now,


Above formula if used will give the correct answer related to Price Elasticity of Demand.
Another variant of above formula is also being used on prominent basis.
Utilization of any of the above Formula will give the ideal outcome in estimating Price elasticity of demand.