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tino4ka555 [31]
3 years ago
13

Suppose labour is available to a firm at a cost of ​$ 15per hour.​ Also, suppose that employing another hour of labour adds 3 un

its to​ output, and any amount of output can be sold for ​$10 per unit.
To the nearest​ dollar, an additional hour of labour would add ​$___
nothing in additional revenue to the firm. Your answer should be a whole number.
Business
1 answer:
lara31 [8.8K]3 years ago
3 0

Answer:

$30

Explanation:

Additional hour gives 3 units of output. Each is sold for $10. The total revenue for the additional labour hour would be 3 units x $10 for each.

=$10 x 3

=$30

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Available options are:

a. Normative influence

b. Door-in-the-face

c. Foot-in-the-door

d. Lowballing

Answer:

Option D. Lowballing Strategy

Explanation:

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Kiwi Plc sold an antique painting which had been purchased inJanuary 1996 for £21,000. It was sold for £4,200 in January 2021. T
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Answer:

$17,450

Explanation:

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5 0
3 years ago
A corporation reports the following year-end balance sheet data. The company's acid-test ratio equals:
Margaret [11]

Answer: 1.27

Explanation:

The acid test ratio of a company measure how well a company would be able to pay off its current liabilities using its most liquid current assets (current assets less inventory).

= (Cash + Accounts Receivable) / Current liabilities

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= 95,000 / 75,000

= 1.27

8 0
3 years ago
If workers and firms have rational expectations, they understand that ________ monetary policy will raise the inflation rate, so
Deffense [45]

Answer:

<u>expansionary; will be equal to</u>

Explanation:

<em>Remember</em>, monetary policies are basically divided into:

  1. expansionary monetary policy, and
  2. contractionary monetary policy.

Indeed, as the name implies, the expansionary monetary policy is meant to in a sense boost up economic growth in terms of reducing interest rates thereby theoretically increasing spending and also leading to an increase in the money supply. When there is an increase in the money supply, this thus leads to an increased inflation rate, which would be expected if workers and firms have rational expectations.

6 0
3 years ago
A researcher was interested in the relationship between the number of texts sent in a day and the number of e-mails sent in a da
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Answer:

A. 14

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the researcher claims that the width of the interval would have been smaller if the sample had been different, and in this case different refers to larger. The original sample included only 15 people, so in order to increase the data sample, you must include more than 15 people. That is why 14 doesn't make sense.

3 0
3 years ago
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