Answer:
b. Jacob should be hired at the $20 per hour wage rate
<u>Options</u>
a. Sophia should do the drafting work herself because she has the lower opportunity cost
b. Jacob should be hired at the $20 per hour wage rate
c. Sophia should not hire Jacob because it would be faster for her to do the work herself
d. Jacob should be hired, but only if he is paid more than $30 per hour
Explanation:
Sophia cannot fullfil their client request on time without hiring an employee Assuming Jacob is the best possible candidate for Sophie she should consider to hire it as three hours of Jabor will cost 60 dollars while an hour of his work is worth 90 dollars
Thus, making convinient to hire it as there is a profit of 30 dollars.
We should also conider jacob will earn experience over time and this will make it a better employee in the long-run.
Answer:
b. She is in the controlling function because she is concerned with seeing that the right things happen at the right time.
Explanation:
The plan as seems is organized earlier and now the things to look after is that the plan is executed properly.
This is a step of controlling function.
Where Dionne is clearly working on the controlling part, which is about right things on the right time. So that there is no shortfall and the targets are achieved soon.Also with proper functioning she assures that the work is done properly, effectively and efficiently.
Thus, she is a part of controlling team.
Answer:
Option (a) is correct.
Explanation:
Human capital refers to the capital that plays a vital role for improving a nation's productivity. Human capital includes health, education, experience, skills and training. If the workers of a country become more healthier and educated then as a result the output of that country increases because of higher productivity of the workers.
This will also increases the earning of the workers. If a worker is healthier then they will be able to give 100% percent at work and become regular to work.
Alternatively, if a worker has more skills and experience then this will increase the human capital of a nation.
The total producer surplus for the two firms is : $1.60
($2.50 - $1.65) + ($2.50 - $1.75) = $1.60
Your answer would be A. Free markets tend to see big growths and fights for top dog among companies. Take Apple and Samsung, for example. Economic growth is typically high, and there's quite a bit of freedom for producers and consumers.
