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Gemiola [76]
3 years ago
7

Comfy Clothing is thinking of hiring Tom. If hired, he can increase total production by 100 units a week. He would cost the firm

$1,500 a week in wages. If the price of each unit is $20:_______
a. the MR of hiring the worker is $2,000
b. The MC of hiring Tom is $1,500
c. The firm should hire Tom since MR>MC
d. All of the above
Business
1 answer:
dusya [7]3 years ago
4 0

Answer: d. All of the above.

Explanation:

The marginal revenue for hiring the workers will be:

= 100 × $20

= $2000

Marginal cost of hiring Tom is $1500. Likewise, the firm should hire Tom since marginal revenue of $2000 is greater than the marginal cost of $1500.

Therefore, the correct option is All of the above.

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Network externality is the correct answer.

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<h3>What is homosocial reproduction?</h3>

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2 years ago
1. Write down D &amp; S equations for wireless phones; include
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The D - equations for wireless phones: P = D (P,eA,eB)

  • The S-  equation for wireless phones: Q = S (P,eA,eB)
  • The Exogenous variable A =  Price
  • The Exogenous variable B =  Population growth rate

<h3>What is the equation about?</h3>

The demand and supply relationship is one that differs in a lot of ways and often shown using a graph.  Note that the upward slope of the curve on a graph shows the law of demand and the demand for wireless phones is one that can be affected by the amount of new mobile phone subscribers, the average cost of buying the wireless phone, and others.

Hence, The D - equations for wireless phones: P = D (P,eA,eB)

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4 0
2 years ago
In two or three sentences, write a brief ending you might use in an interview to be courteous and positive about following up.
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Answer:

Explanation:

The following would be a good way to end an interview.

It has been very interesting learning how the company works and the different tasks involved with the position. I would be very excited to get a chance to contribute to the team. Is there any other additional information or documentation that you will need from me? If so I would be glad to get it for you for our next meeting.

This ending would show your interest in the job and courteously set up further interactions.

6 0
3 years ago
If Zephyr Electronics obtains an 18 percent return on invested capital, which of the following willhelp determine if it has a co
nika2105 [10]

Answer:

A) comparing the return to the return on invested capital obtained by other firms in the industry.

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A firm that has developed a competitive advantage over its competitors will to able to either produce the same amount of output using fewer resources, or produce higher output using the same resources than its competitors. A competitive advantage means being more efficient.

So if we want to determine if Zephyr Electronics 18% return on invested capital (ROIC) provides them a competitive advantage over its competitors, we have to compare Zephyr's ROIC with the ROIC of the rest of the major firms in the industry.

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