Answer:
$140 per hour
Explanation:
The computation of labor charge per hour is shown below:-
Labor charge per hour = (Total of Wheels 'N Spokes Repair Shop ÷ labor hours) + Profit margin
= ($500,000 ÷ 5,000 hours) + $40 per labor hour
= $100 per hour + $40 per hour
= $140 per hour
Therefore for computing the labor charge per hour we simply applied the above formula.
Answer:
The correct answer is (A)
Explanation:
Managers are frequently called upon to make decisions. Making a decision is critically important for the success of a business; that is why it is crucial to evaluate the choices in detail. Examining the pro and cons of a decision leads towards a better conclusion. Decision-making process involves various steps, such as identifying, gathering information, choosing from alternatives, implementing the decision, and lastly to analyse the results.
What will happen if government spending increases by $100 billion is:
Real output will increase by a maximum of $400 billion.
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Government spending</h3>
Using this formula
Multiplier=1/(1-MPC)
Where:
MPC=Marginal propensity to consume =0.75
Let plug in the formula
Multiplier=1/(1-0.75)
Multiplier=1/0.25
Multiplier=4
Increase in GDP= Government spending ×4
Increase in GDP=$400
Inconclusion what will happen if government spending increases by $100 billion is: Real output will increase by a maximum of $400 billion.
Learn more about government spending here:brainly.com/question/25125137