Answer:
The answer is B. share value
Answer:
Option (c) is correct.
Explanation:
Labor (Variable input) hired = 151 units
After hiring this much units of labor, a firm incurred:
Marginal cost of hiring (MFC) = $0.30 and marginal product of labor (MRP) = $0.33
The firm continuing hiring new labor until the point at which marginal cost of hiring labor is equal to the marginal product of labor.
In this case, MFC is less than the MRP, so firm should increase the use of labor till the MFC becomes equal to the MRP.
Answer:
Explanation:
We shall apply the concept of coefficient of variation to know the consistency of data
coefficient of variation
= standard deviation / mean or average
In case of City A
coefficient of variation = 86 / 820
= .1048
In case of City B
coefficient of variation = 75 / 790
= .0949
Since it is less for city B , rent for this city is more consistence or with less of variation
So the conclusion is false.
- A franchise allows owners to be their own boss however they must still follow the rules and regulations and procedures of the franchise. In most franchises the owner must pay a large sum of money to buy into the franchise and share profits or pay royalties to the franchisor based on sales, not profits.
- In a partnership, two or more people pool their money and credit to start the business.
Answer:
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