Answer:
The slope of the total output curve at the relevant point.
Explanation:
A marginal physical product can be defined as the extra output which is being generated by using an extra input. This ultimately implies that, marginal physical product of labor refers to the change in the level of output that is generated from using an additional unit of labor.
Mathematically, marginal physical product of labor is given by the formula;
Marginal physical product of labor = ΔY/ΔL
Where, ΔY is the change in total physical output.
ΔL is the change in labor.
In the short run, when the number of workers are increased it would result in a diminishing marginal product with respect to the law of diminishing marginal returns.
The marginal physical product of labor is the slope of the total output curve at the relevant point.
<em>For instance, if brainly producing 50 answers decides to employ one more tutor and is then able to produce 55 answers, the marginal physical product of labor is simply 5. </em>
E and b not really sure but it’s my best guess
On savings accounts, banks make money by paying depositors virtually no interest. Most major banks pay an interest rate of only 0.01% on their savings accounts. And then they use the money customers deposit to make loans at much higher rates. So, we are basically giving interest-free loans to banks. and by the end of the year they will have over a million dollars.
Answer:
Price = $8.92
Explanation:
Dividend from yr1 to yr3 will be multiplied by 2 since it doubles per year;
D1 = $0.15*2 = $0.30
D2 = $0.30 *2 = $0.60
D3 = $0.60 *2 = $1.20
D4 (onwards) = $1.50
Next, find the present value (PV) of each dividend;
PV(D1) = 0.30/(1.138) = 0.2636
PV (D2) = 0.60/(1.138²)= 0.4633
PV(D3 ) = 1.20/ (1.138³) = 0.8142
PV(D4 onwards) = ![\frac{[\frac{1.50}{0.138} ]}{1.138^{3} }](https://tex.z-dn.net/?f=%5Cfrac%7B%5B%5Cfrac%7B1.50%7D%7B0.138%7D%20%5D%7D%7B1.138%5E%7B3%7D%20%7D)
= 7.3754
To find the price of the stock today, sum up present values above;
= 0.2636 + 0.4633 + 0.8142 + 7.3754
Price = $8.92
